Audi has formally confirmed plans to accelerate its takeover of the Sauber Formula 1 team, ahead of the German manufacturer’s entry into grand prix racing in 2026.
As reported by Motorsport.com earlier this week, Audi has approved plans for a full takeover of the shareholding of the Sauber team from current owner Islero Investments AG. This had initially only been expected to be completed by 2026. Audi has also outlined further commitment to the project, having appointed Oliver Hoffmann, its former chief development officer, to become chairman of the board of directors of all Sauber companies.
Hoffmann has a long history with Audi. As head of Audi Sport's technical development he achieved success for the manufacturer in DTM and Formula E. Audi also became the first manufacturer to win the Dakar Rally with an electrified powertrain. Speaking about his change of position, Hoffmann said: “Motorsport, particularly Formula 1, is my big passion.
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