Audi to acquire 75% of Sauber as part of Formula 1 integration – media

Audi intends to announce the acquisition of Sauber in the near future, according to Autosport.

According to the source, Audi will acquire a 75% stake in the company, and the deal will amount to $450 million. The deal is expected to be announced as part of the Belgian Grand Prix.

Sauber owns the Alfa Romeo Formula 1 team. Audi also negotiated the acquisition of McLaren, but they reached an impasse.

The Belgian Grand Prix will take place from August 26 to 28.

Sports car

Source : MatchTV

Related articles

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share article

Latest articles

Newsletter

Subscribe to stay updated.