Audi sells stake in Formula One team to Qatar sovereign wealth fund
Audi has sold a stake in its Formula One team to Qatar’s sovereign wealth fund ahead of the German manufacturer’s entry to the sport in 2026. Audi announced on Friday ahead of this weekend’s Qatar Grand Prix that the Qatar Investment Authority (QIA) had acquired a “significant minority stake” in the team,
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Qatar Investment Authority (QIA), the country's sovereign wealth fund, has signed definitive agreements to acquire a ...
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