Audi confirms takeover of Sauber; appoints Seidl as F1 CEO

As reported by Autosport 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 …Keep reading