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'Audi and Sauber make investments to meet F1 target'

Summarized by: Live Sports Direct
 
'Audi and Sauber make investments to meet F1 target'

Audi is planning to buy shares in Sauber and compete in Formula 1 in 2026. Andreas Seidl is to be the new CEO. Audi is upgrading its headquarters in Neuburg an der Donau and plans to hire 300 people there by 2023.

Audi and Sauber are betting on improving their infrastructure and the qualities of their personnel to be competitive within three years of entering Formula 1 in 2026. The Germans know that Saubers lags behind the top teams on several issues.

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Andreas Seidl
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