Qatar is buying a significant minority stake in Audi's Formula One team, the Gulf country's estimated $510 billion sovereign wealth fund and the German carmaker said on Friday. The holding will be almost a third of the team,

Audi is to sell a stake in its Formula 1 entry to Qatar’s sovereign wealth fund, QIA. A statement from the German car company said the Gulf state would buy a “significant minority” in the team, which is entering F1 in 2026. The deal will be completed next year, after Audi has taken full ownership of the Sauber team that is the basis for its entry.

Audi has sold a stake in its Formula One team to Qatar’s sovereign wealth fund ahead of the German manufacturer’s entry to the sport in 2026. Audi announced on Friday ahead of this weekend’s Qatar Grand Prix that the Qatar Investment Authority (QIA) had acquired a “significant minority stake” in the team,

Qatar's long-term investment in the future Audi Formula One team, announced at the country's grand prix on Friday, brings obvious benefits for both and increases the Gulf region's influence in the sport.

The Qatar Investment Authority is buying a stake in the Audi Formula One racing team, joining other Gulf sovereign funds who have been channeling their vast wealth into global sports franchises.

Qatar's significant investment in the Audi Formula One team enhances both parties' prospects and cements the Gulf's growing influence in the sport. The Qatar Investment Authority's stake offers Audi a strong partner amid industry shifts,

The Qatar Investment Authority (QIA), the Gulf country's estimated $510 billion sovereign wealth fund, has signed binding agreements to buy a significant minority stake in Audi's Formula 1 team, the fund and carmaker said on Friday.

Like many oil-producing nations, the Gulf state is diversifying – but still betting that the internal combustion engine has a future