P1racenews AI automatic summary:
Audi set to complete Sauber F1 takeover
Motorsport-Total.com reports that Audi has advanced in its takeover of the Sauber team, appointing Audi board member Oliver Hoffmann as a Sauber director above CEO Andreas Seidl. Audi announced plans to enter F1 in 2026 at the 2022 Belgian Grand Prix, led by Markus Duesmann and Hoffmann. Despite internal skepticism and rumors of selling the F1 project, Audi is moving forward with the Sauber acquisition, now aiming for a 100% takeover. Seidl confirmed the final stage of Audi’s acquisition to employees before the 2023 Saudi Arabian GP, emphasizing cooperation towards the 2026 goal. Sauber remains committed to the timeline and governance set with Audi, focusing on team development for the upcoming F1 entry.
