Audi and Qatar Investment Authority have formed an alliance ahead of the entry of the four-ring brand into Formula 1, scheduled for 2026. QIA, the sovereign wealth fund of the State of Qatar,

The agreement was announced last week during the Qatar Grand Prix. Through its sovereign investment fund (QIA), the Middle Eastern nation has

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.

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.

The Gulf country's sovereign wealth fund has acquired a stake in the Sauber racing team, which will compete as Audi in F1 from 2026.

Audi have sold a minority stake in their Formula 1 team to Qatar as the Arab world's involvement with F1 continues to grow.

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.

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,

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.