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Audi has confirmed it will completely take over the Sauber Group ahead of its Formula 1 entry in 2026, with Oliver Hoffmann becoming chairman of the board and Andreas Seidl CEO. The German manufact…
Audi has confirmed it will complete the takeover of the Sauber Group before entering Formula 1 in 2026, with Oliver Hoffmann as chairman and Andreas Seidl as CEO. This move comes after Audi’s initial plan to be a power unit supplier from 2026 onwards and later confirming Sauber as its works partner. The full takeover from the current majority shareholder, Islero Investments AG, demonstrates Audi’s commitment to the project. Chairman of the supervisory board, Manfred Doess, stressed the significance of the entry into Formula 1 for Audi. Hoffmann, previously in charge of technical development at Audi, will now lead both Audi’s entry and the Sauber Group. Seidl, with experience from McLaren and soon to be CEO of the Audi F1 Team, will play a crucial role in their ambitious Formula 1 venture.
