Qatar’s Sovereign Wealth Fund Takes a Stake in Audi’s Future F1 Team

 Formula One F1 - Qatar Grand Prix - Lusail International Circuit, Lusail, Qatar - November 29, 2024 Sauber's Guanyu Zhou, Williams' Franco Colapinto and McLaren's Oscar Piastri during practice. (Reuters)
Formula One F1 - Qatar Grand Prix - Lusail International Circuit, Lusail, Qatar - November 29, 2024 Sauber's Guanyu Zhou, Williams' Franco Colapinto and McLaren's Oscar Piastri during practice. (Reuters)
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Qatar’s Sovereign Wealth Fund Takes a Stake in Audi’s Future F1 Team

 Formula One F1 - Qatar Grand Prix - Lusail International Circuit, Lusail, Qatar - November 29, 2024 Sauber's Guanyu Zhou, Williams' Franco Colapinto and McLaren's Oscar Piastri during practice. (Reuters)
Formula One F1 - Qatar Grand Prix - Lusail International Circuit, Lusail, Qatar - November 29, 2024 Sauber's Guanyu Zhou, Williams' Franco Colapinto and McLaren's Oscar Piastri during practice. (Reuters)

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.

The team is currently competing as Sauber and will be rebranded as the Audi works outfit for 2026 after it reached agreement for a full takeover earlier this year.

“This additional capital will accelerate the team’s growth and is yet another milestone on our long-term strategy,” Audi chief executive Gernot Döllner said in the joint statement.

Qatar is already an investor in the Volkswagen Group, of which Audi is a part.

“QIA believes that Formula 1 is a sport with significant untapped investment potential,” QIA chief executive Mohammed Saif Al-Sowaidi said.

"The increasing commercialization of professional sports as an entertainment offering globally, and the increasingly global popularity of Formula 1, has made for an exciting opportunity for our first major motorsports investment.”

Sauber is changing both its drivers for 2025, as Nico Hülkenberg and rookie Gabriel Bortoleto arrive to replace Valtteri Bottas and Zhou Guanyu. It is the only team yet to score a point this season.



After Waiting 36 Years, French Soccer Fans Finally Have a Capital City Derby again as PSG Faces PFC

Fireworks explode as Paris Saint-Germain's players parade on a bus on the Champs-Elysees avenue in Paris on June 1, 2025, a day after PSG won the 2025 UEFA Champions League final football match against Inter Milan in Munich. (AFP)
Fireworks explode as Paris Saint-Germain's players parade on a bus on the Champs-Elysees avenue in Paris on June 1, 2025, a day after PSG won the 2025 UEFA Champions League final football match against Inter Milan in Munich. (AFP)
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After Waiting 36 Years, French Soccer Fans Finally Have a Capital City Derby again as PSG Faces PFC

Fireworks explode as Paris Saint-Germain's players parade on a bus on the Champs-Elysees avenue in Paris on June 1, 2025, a day after PSG won the 2025 UEFA Champions League final football match against Inter Milan in Munich. (AFP)
Fireworks explode as Paris Saint-Germain's players parade on a bus on the Champs-Elysees avenue in Paris on June 1, 2025, a day after PSG won the 2025 UEFA Champions League final football match against Inter Milan in Munich. (AFP)

It's taken quite some time, but the first capital city derby in French men's league soccer since 1990 takes place on Sunday when Paris Saint-Germain hosts Paris FC.

A very local derby, too, with PSG's Parc des Princes stadium literally across the street from PFC's new home ground — 44 meters away according to the Paris City Hall website.

After winning promotion last season, Paris FC changed stadium and now plays at Stade Jean-Bouin, which traditionally held rugby matches.

Sunday's contest pits the defending French and European champion against a side struggling in the top tier. PFC has lost half its games, and was 14th in the 18-team league heading into this weekend's 17th round.

PFC's top scorer this season is skillful midfielder Ilan Kebbal with six goals, more than any PSG player. But he is away with Algeria at the Africa Cup of Nations.

PSG has coped with injuries to star forwards Ousmane Dembélé and Désiré Doué this season. That might have affected results because, for a change, PSG is not top but in second spot behind surprise leader Lens. Heading into Sunday's derby, PSG had already lost two league games, as many defeats as all last season.

While PSG has won a record 13 French league titles and 16 French Cups, PFC's trophy cabinet is bare. The PFC men's team has never won the league or even a cup.

Paris FC's takeover late last year by France's richest family, the Arnaults of luxury empire LVMH, promised to spice up Ligue 1.

Paris FC owner Antoine Arnault is the son of billionaire Bernard Arnault, and the family's cash input will prove crucial to the chances of PFC becoming a serious rival to PSG. Antoine used to be a PSG season-ticket holder and enjoys a cordial relationship with PSG president Nasser Al-Khelaïfi.

Before this season, PSG’s previous city rival was Matra Racing, which became Racing Paris 1 and beat PSG in the last men’s league derby in Paris in 1990. Antoine won't have to wait so long for another derby, because PSG is hosting PFC in the French Cup's last 32 on Jan. 12.

Fleeting rivalries, stadium shares

Parisian soccer history can be a bit confusing.

Paris FC men's team was created in 1969 and merged with Stade Saint-Germain to form Paris Saint-Germain, or PSG, in 1970.

The merger ended abruptly in 1972 with PSG losing its professional status and PFC staying in division 1, and playing at Parc des Princes. PSG kept the name and returned to play at the stadium in 1974 after winning promotion back to the top flight, coinciding with PFC's relegation.

Matra Racing was only briefly on the scene.

Matra spent a few seasons in the French top flight — sharing the Parc des Princes stadium — but the club faded after French media baron Jean-Luc Lagardère withdrew his backing in 1989. Matra was relegated the following year, when it was called Racing Paris 1, despite beating PSG in the derby.

Red Star's ambition

There may be more local derbies in the capital next season, with Red Star chasing promotion from Ligue 2.

Red Star is based in the northern suburbs of Paris and is second in Ligue 2. The team has long been respected for being close to its working-class fans in the Saint-Ouen-sur-Seine suburb.

Home games are played at the 5,600-capacity Stade Bauer, which has stands selling food right outside the entrance gates. Red Star’s down-to-earth image has remained the same for decades, with the club becoming increasingly trendy and attracting a new section of fans appreciating its old-school ways.

Plans are in place to increase capacity to 10,000 next year and the club says it hopes to have 80% of homegrown local players in the first team by 2030.

Founded in 1897, Red Star is among the oldest clubs in France. It has a famous founder in Jules Rimet, the longest-serving president in FIFA history (1921-54), and the World Cup trophy was named after him.

Red Star's period of success was after World War I, with the club winning four French Cups in the 1920s.


Tsitsipas Considered Quitting Tennis during Injury-hit 2025

29 December 2025, Australia, Melbourne: A general view of Rod Laver Arena after crews complete line-marking and painting of the Melbourne sign and court at Rod Laver Arena during preparations for the 2026 Australian Open tennis tournament at Melbourne Park. Photo: James Ross/AAP/dpa
29 December 2025, Australia, Melbourne: A general view of Rod Laver Arena after crews complete line-marking and painting of the Melbourne sign and court at Rod Laver Arena during preparations for the 2026 Australian Open tennis tournament at Melbourne Park. Photo: James Ross/AAP/dpa
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Tsitsipas Considered Quitting Tennis during Injury-hit 2025

29 December 2025, Australia, Melbourne: A general view of Rod Laver Arena after crews complete line-marking and painting of the Melbourne sign and court at Rod Laver Arena during preparations for the 2026 Australian Open tennis tournament at Melbourne Park. Photo: James Ross/AAP/dpa
29 December 2025, Australia, Melbourne: A general view of Rod Laver Arena after crews complete line-marking and painting of the Melbourne sign and court at Rod Laver Arena during preparations for the 2026 Australian Open tennis tournament at Melbourne Park. Photo: James Ross/AAP/dpa

Stefanos Tsitsipas said on Thursday he seriously considered retiring from tennis in the depths of a struggle with serious back pain during much of the 2025 season.

But the former world number three, now ranked 36th after playing just two Davis Cup matches since a second-round exit at the US Open, said his ongoing medical treatment appeared to be paying dividends.

"I'm most excited to see how my actual training responds with regard to my back," the 27-year-old said as he prepared to open his 2026 campaign for Greece at the mixed-teams United Cup in Perth, Australia.

"My biggest concern was if I could finish a match," added the 2023 Australian Open finalist, who said the injury haunted him "for the last six or eight months".

"I would ask: 'Can I play another match without pain?'"

"I got really scared after the US Open loss (to Germany's Daniel Altmaier). I could not walk for two days. That's when you reconsider the future of your career."

According to AFP, Tsitsipas said that after various medical consultations he was now satisfied with his current care plan.

"My biggest win for 2026 would be to not have to worry about finishing matches," he said, adding that he completed five weeks of off-season training without pain.

"It makes great feedback knowing you had a pre-season without pain -- I hope it stays that way. I want to deliver for 2026 and the United Cup.

"I put in the work. The most important thing is full belief that I can come back to where I was. I will try everything to do that."

Greece have become regulars in the four-year history of the United Cup, played in Perth and Sydney, with fellow comeback hopeful Maria Sakkari, also a former world number three, joining Tsitsipas in the team.

"We are here again, with a good team and great spirit. We are prepared for war -- we are Greek. We're going big," Tsitsipas said.

Greece are grouped with Naomi Osaka's Japan and the Emma Raducanu-led Britain.


Sabalenka Wants 'Battle of the Sexes' Rematch and Revenge

Aryna Sabalenka and Nick Kyrgios laugh ahead of their Battle of the Sexes tennis match in Dubai, United Arab Emirates, Sunday Dec. 28, 2025. (Amr Alfiky/Pool Photo via AP)
Aryna Sabalenka and Nick Kyrgios laugh ahead of their Battle of the Sexes tennis match in Dubai, United Arab Emirates, Sunday Dec. 28, 2025. (Amr Alfiky/Pool Photo via AP)
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Sabalenka Wants 'Battle of the Sexes' Rematch and Revenge

Aryna Sabalenka and Nick Kyrgios laugh ahead of their Battle of the Sexes tennis match in Dubai, United Arab Emirates, Sunday Dec. 28, 2025. (Amr Alfiky/Pool Photo via AP)
Aryna Sabalenka and Nick Kyrgios laugh ahead of their Battle of the Sexes tennis match in Dubai, United Arab Emirates, Sunday Dec. 28, 2025. (Amr Alfiky/Pool Photo via AP)

World number one Aryna Sabalenka Thursday said she wants a rematch of her "Battle of the Sexes" showdown with Nick Kyrgios so she can get revenge.

Australia's Kyrgios beat the Belarusian 6-3, 6-3 in a highly-publicized showdown in Dubai last Sunday, with modified rules that divided fans.

Sabalenka's side of the court was reduced in size by nine percent in an attempt to restrict Kyrgios' power and speed advantage, while each player only received one serve.

"I think I would definitely do it again," she said ahead of the Brisbane International, her season-opening tournament as she prepares for the Australian Open on January 18.

"I love revenge and I don't like to leave it the way it is."

While keen to face-off with Kyrgios again, Sabalenka said she would want a full court and two serves.

"I think for the next match we will come up with a different format," AFP quoted her as saying.

"Before the match I didn't realize I would have to adjust and it was a bit tricky for me. I think I would keep the full court but I would take two serves. That would even our level a lot more.

"I always say that when you are losing, you are learning and I learned a lot about his game," she added. "I would do it again. I need revenge."

The contest bore little resemblance to the era-defining 1973 "Battle of the Sexes" encounter between Billie Jean King and Bobby Riggs.

Back then, there was more at stake with the nascent women's professional tour, set up by King, fighting for legitimacy and prize money for female players far lower than for the men.

King, one of the all-time greats of the women's game who was at the peak of her powers, saw off the 55-year-old Riggs, a top player in his day, 6-4, 6-3, 6-3 in Houston.

The Sabalenka-Kyrgios showdown faced backlash, with some calling it a "money grab" while others said it did little to advance the women's game.

But Sabalenka said she felt exhibition tennis, like the Kyrgios contest, was important.

"I think it's really important for tennis to keep it interesting, keep it fresh, keep it new, keep it fun," she said.

She added that she was proud of her part in the "Battle of the Sexes", despite Kyrgios barely playing in recent years and ranked a lowly 671.

"I am happy that I was able to challenge him, make him work and make him physically get tired and mentally get tired," she said.

"I felt really excited to see a man getting tired and going for his full game. It was a really cool experience."

The Brisbane International starts on Sunday with Sabalenka's sights set on a third Australian Open title after winning in 2023 and 2024. She was beaten in the Melbourne Park final last year by Madison Keys.