F1 News & Gossip

F1 team buyout BEGINS ahead of full takeover

Sam Cook Saturday 16 March 2024 18:56

F1 team buyout BEGINS ahead of full takeover

The planned takeover of a Formula 1 team has reportedly 'already begun', despite doubts over the future entrant.

Following the rejection of Andretti's bid to become the 11th team on the F1 grid, the departure of key figures at Audi led to some question marks over their participation in the sport.

The German car brand have already started to work on their power unit for 2026, and are due to take over from the current Sauber-owned F1 team.

Sauber have recently begun a two-year holding phase as Stake F1, after rebranding from the Alfa Romeo name at the start of 2024.

Audi's involvement in the sport in 2026 was all but confirmed, when it was revealed that they would be completing a 100 per cent buying of Sauber shares, representing a complete takeover.

Alessandro Alunni Bravo is the Sauber team representative

Audi's involvement in F1 from 2026 confirmed

Now, Gazzetta are reporting that the takeover has already begun, with a plan agreed with the current majority shareholder to start the transition.

Former McLaren team principal Andreas Seidl is overseeing the transition, as CEO of the Sauber motorsport group, and will be frantically working to piece together a team ahead of the 2026 season.

Valtteri Bottas has already been pretty bullish about his chances of staying with the team into their Audi era, while the other seat is up for grabs with the likes of Carlos Sainz being touted over current driver Zhou Guanyu.

Red Bull Formula 1 Audi Andretti Ford

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