Audi Takes Minority Stake in Swiss-Based Sauber Group

02 October 2018, France, Paris: An employee polishes the logo of an Audi vehicle on the first press day of the Paris International Motor Show. (dpa)
02 October 2018, France, Paris: An employee polishes the logo of an Audi vehicle on the first press day of the Paris International Motor Show. (dpa)
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Audi Takes Minority Stake in Swiss-Based Sauber Group

02 October 2018, France, Paris: An employee polishes the logo of an Audi vehicle on the first press day of the Paris International Motor Show. (dpa)
02 October 2018, France, Paris: An employee polishes the logo of an Audi vehicle on the first press day of the Paris International Motor Show. (dpa)

Audi has taken a minority stake in the Sauber Group whose Swiss-based Formula One team are due to become the German car manufacturer's factory outfit from 2026.

Sauber said in a statement on Monday that, as planned, the Volkswagen-owned brand took the stake this month but gave no financial details.

"This is an important milestone on the way to Audi’s entry in Formula One," it said.

Audi announced last October that it had agreed to take a stake in Sauber Group, which has been involved in Formula One since 1993 and whose team are competing this season as Alfa Romeo using Ferrari engines.

Audi will make its own F1 power unit in Neuburg, Bavaria.



Olympic Cauldron to Rise into Paris Skies Each Night

 Paris 2024 Olympics - Paris, France - July 27, 2024. A general view of the balloon and Olympic cauldron in Jardin des Tuileries. (Reuters)
Paris 2024 Olympics - Paris, France - July 27, 2024. A general view of the balloon and Olympic cauldron in Jardin des Tuileries. (Reuters)
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Olympic Cauldron to Rise into Paris Skies Each Night

 Paris 2024 Olympics - Paris, France - July 27, 2024. A general view of the balloon and Olympic cauldron in Jardin des Tuileries. (Reuters)
Paris 2024 Olympics - Paris, France - July 27, 2024. A general view of the balloon and Olympic cauldron in Jardin des Tuileries. (Reuters)

The Olympic cauldron that made a stunning first flight at the Paris Games opening ceremony will sit on the ground during the day and rise again every evening.

Paris Olympics organizers said that from Saturday, the cauldron attached to a balloon will fly more than 60 meters (197 feet) above the Tuileries gardens near the glass pyramid entrance to the Louvre museum from sunset until 2 a.m.

During daytime hours, 10,000 people each day can get free tickets to approach the cauldron, which is the first in Olympic history to light up without the use of fossil fuels.

Organizers said the electric flame uses 40 LED spotlights “to illuminate the cloud created by 200 high-pressure misting nozzles.”