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

Latest News

GPFans Exclusive

EXCLUSIVE: Red Bull star highlights KEY Perez failure as replacement rumours swirl

36 minutes ago

Latest F1 News

F1 team announce NEW signing with official statement

1 hour ago

F1 Today

F1 News Today: Mercedes handed Hamilton blame as legend delivers emotional farewell

2 hours ago

Latest F1 News

F1 champion announces NEW deal ahead of 2025 switch

2 hours ago

Latest F1 News

Las Vegas Grand Prix investigation yields SHOCK result

3 hours ago

McLaren

FIA confirm STUNNING race result for McLaren star

Today 08:57

More news

F1 Race Calendar 2024

GP MONACO 24 - 26 May

GP AUSTRIA 28 - 30 Jun

George Russell

GP GREAT BRITAIN 5 - 7 Jul

Lewis Hamilton

GP HUNGARY 19 - 21 Jul

Oscar Piastri

GP BELGIUM 26 - 28 Jul

Lewis Hamilton

GP NETHERLANDS 23 - 25 Aug

Lando Norris

GP ITALY 30 Aug - 1 Sep

Charles Leclerc

GP AZERBAIJAN 13 - 15 Sep

Oscar Piastri

GP SINGAPORE 20 - 22 Sep

Lando Norris

GP USA 18 - 20 Oct

Charles Leclerc

GP MEXICO 25 - 27 Oct

GP QATAR 29 Nov - 1 Dec

GP ABU DHABI 6 - 8 Dec

Complete kalender 2024

F1 News 24/7

Races

About GPFans

GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.

We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.

With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.

Follow us on your favorite social media channel

Corporate & Media

Innovatieweg 20C
7007 CD, Doetinchem, Netherlands
+31645516860

CHOOSE YOUR COUNTRY