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,

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,

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.