Sauber has confirmed that Audi has taken a minority stake in its organisation as it continues its plans towards its Formula 1 entry in 2026.
Audi confirmed last August that it will enter Formula 1 as a power unit manufacturer in 2026 and duly announced that Sauber will become its strategic partner.
Audi will produce its power units in Germany while Sauber’s current facility in Switzerland will continue to construct the chassis.
As part of Audi’s long-term plan it is set to gradually ramp up its involvement to eventually become a majority stakeholder in Sauber.
On Monday Sauber Group confirmed that Audi has taken a minority stake in January, as intended, believed to be 25 per cent.
The organisation labelled it an “important milestone” on Audi’s path towards Formula 1.
Sauber Group is the parent company of the Formula 1 team which currently competes as Alfa Romeo Racing.
That branding exercise, which began in 2019, is due to conclude at the end of the upcoming season.
The final Sauber Formula 1 car to feature Alfa Romeo branding, the C43, will be presented next Tuesday (February 7).
Documents filed also show that Sauber has appointed Andreas Seidl and Julius Seebach to its Board of Directors.
Seidl joined as Sauber Group’s CEO in January, having left McLaren, while Seebach has been with Audi since 2015, most recently as General Manager.
