Being an F1 team owner is a lucrative business so it is no surprise to see owners from all around the world get involved.

Qatar is buying a significant minority stake in Audi's Formula One team, the Gulf country's estimated $510 billion sovereign wealth fund and the German carmaker said on Friday. The holding will be almost a third of the team,

A statement from the German car company said the Gulf state would buy a “significant minority” in the team, which is entering F1 in 2026. The deal will be completed next year, after Audi has taken full ownership of the Sauber team that is the basis for its entry.