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)
TT

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.



France Says Won't Call Off Israel Game after Violence in Amsterdam

In this image taken from video, police escort Maccabi Tel Aviv supporters to the metro station leading them to the Ajax stadium, after pro-Palestinian supporters marched near the stadium, in Amsterdam, the Netherlands, Thursday, Nov. 7, 2024. (AP Photo InterVision)
In this image taken from video, police escort Maccabi Tel Aviv supporters to the metro station leading them to the Ajax stadium, after pro-Palestinian supporters marched near the stadium, in Amsterdam, the Netherlands, Thursday, Nov. 7, 2024. (AP Photo InterVision)
TT

France Says Won't Call Off Israel Game after Violence in Amsterdam

In this image taken from video, police escort Maccabi Tel Aviv supporters to the metro station leading them to the Ajax stadium, after pro-Palestinian supporters marched near the stadium, in Amsterdam, the Netherlands, Thursday, Nov. 7, 2024. (AP Photo InterVision)
In this image taken from video, police escort Maccabi Tel Aviv supporters to the metro station leading them to the Ajax stadium, after pro-Palestinian supporters marched near the stadium, in Amsterdam, the Netherlands, Thursday, Nov. 7, 2024. (AP Photo InterVision)

Despite the violence directed at Israeli soccer fans in Amsterdam, France won't change its plans to host a Nations' League game against Israel next week, the interior minister said on Friday.
"France is not backing down because that would amount to giving up in the face of threats of violence and anti-Semitism", Interior Minister Bruno Retailleau said in a post on X.
Tensions over Israel's conduct in the war in Gaza are running high in France, home to Europe's largest Jewish and Muslim communities, where authorities this year reported a surge in antisemitic incidents.
Israel said it would send two planes to bring back fans of an Israeli soccer team from the Netherlands on Friday after overnight attacks in the streets that officials described as antisemitic.
Videos circulating on social media showed riot police intervening in street clashes, with some attackers shouting anti-Israeli slurs.
Paris police are planning to deploy over 2,000 officers around the Stade de France to secure the game on Thursday, Nov. 14, BFM TV reported. Authorities are also expected to cordon off an unusually large security perimeter.
The interior ministry and Paris police department did not immediately reply to Reuters' requests for details of the exact plans.
Retailleau was meeting with the heads of the French soccer federation and top club PSG on Friday morning following the unfurling of a giant "Free Palestine" banner at a Champions League match this week.