Sauber Motorsport Group AG announced on Wednesday that Audi AG has chosen then the Swiss company as their strategic partner for their Formula One program. As part of the agreement, Audi will acquire a stake in the Hinwil-based outfit.
Sauber will continue to run Ferrari power units in 2024 and 2025 with Audi gaining access to Sauber’s wind tunnel.
Finn Rausing, Sauber Holding AG Chairman of the Board of Directors:
“Audi is the best strategic partner for the Sauber Group. It is clear that we share values and a vision, and we look forward to achieving our common goals in a strong and successful partnership.”
Frédéric Vasseur, Sauber Motorsport CEO & Team Principal:
“The partnership between Audi AG and Sauber Motorsport is a key step for our team as we continue to make progress towards the front of the grid. To become Audi’s official works team is not only an honour and a great responsibility: it’s the best option for the future and we are fully confident we can help Audi achieve the objectives they have set for their journey in Formula One.
Oliver Hoffmann, Audi AG Board Member and Responsible for F1 Programme:
“We are delighted to have gained such an experienced and competent partner for our ambitious Formula 1 project. We already know the Sauber Group with its state-of-the-art facility and experienced team from previous collaborations and are convinced that together we will form a strong team.”