audi
Sauber CEO Andreas Seidl feels "quite confident" that the team will be ready to take the Formula One grid as Audi from 2026. In around two years, Sauber will become Audi's first full works F1 squad. They initially operated as Alfa Romeo and since this years as Kick Sauber, while using power united from long-time Italian partner Ferrari. "If I look at the progress we are making on the development side, hitting all the milestones we have set ourselves, I feel quite confident we will be ready in 2026," Seidl told the F1 website in his first English language interview since taking the job to lead ...
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Sauber CEO Andreas Seidl feels "quite confident" that the team will be ready to take the Formula One grid as Audi from 2026. In around two years, Sauber will become Audi's first full works F1 squad. They initially operated as Alfa Romeo and since this years as Kick Sauber, while using power united from long-time Italian partner Ferrari. "If I look at the progress we are making on the development side, hitting all the milestones we have set ourselves, I feel quite confident we will be ready in 2026," Seidl told the F1 website in his first English language interview since taking the job to lead ...
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Nico Hülkenberg is set to leave Haas for the Sauber Formula One team which will became a works team of German car makers Audi in 2026, the Sport1 portal reported on Wednesday. The report said that Hülkenberg has been offered a three-year contract 2025-2027 by Audi which will take over Sauber. It said that the deal was all but done and an official announcement could come before the end of May. Once Audi take over the power unit is to be produced by them in Germany, and the chassis in Switzerland at Sauber. Hülkenberg's contract at Haas ends at the end of the year. He reportedly wanted to leave ...
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German carmaker Audi increased sales and turnover last year, but made significantly less profit, the company announced on Tuesday during its annual press conference. Profit after tax fell by 12% to just under €6.3 billion ($6.8 billion). This was mainly due to the effects of raw material hedging transactions, chief financial executive Jürgen Rittersberger said. The outlook for the current year is bleak: Audi expects sales to fall from €69.9 billion to €63 to €68 billion, partly due to several model launches after two years without a new model. "2024 will be an even more challenging year than 2...
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German carmaker Audi increased sales and turnover last year, but made significantly less profit, the company announced on Tuesday during its annual press conference. Profit after tax fell by 12% to just under €6.3 billion ($6.8 billion). This was mainly due to the effects of raw material hedging transactions, chief financial executive Jürgen Rittersberger said. The outlook for the current year is bleak: Audi expects sales to fall from €69.9 billion to €63 to €68 billion, partly due to several model launches after two years without a new model. "2024 will be an even more challenging year than 2...
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Audi will take over 100% of Formula One team Sauber when it enters the sport in 2026, rather than the 75% previously announced. A statement from the German car company on Friday said current Sauber managing director Andreas Seidl - previously McLaren team principal - will also stay in the role when Audi takes full control. "We have ambitious goals," Seidl said in a statement. Audi, owned by Volkswagen, is already building a new engine in Germany for its Formula One project while the chassis will come from the Sauber factory in Switzerland. This season's team is racing under the name Kick Saube...
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