Qatar's sovereign wealth fund takes a stake in Audi's future F1 team
The sovereign wealth fund of Qatar is acquiring a “significant minority stake” in what will become Audi's works Formula 1 team from 2026, in a deal announced Friday ahead of the Qatar Grand Prix. A joint statement said the Qatar Investment Authority will be “a long-term investor and partner” and provide “a substantial capital injection” that will help the team expand its infrastructure.