Brussels 4 March 2025
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Sauber Holding AG (‘Sauber’) of Switzerland by AUDI Aktiengesellschaft (‘Audi’) of Germany, part of the VW Group, and Qatar Holding LL (‘Qatar Holding’) of Qatar, a wholly owned subsidiary of the Qatar Investment Authority.
The transaction relates primarily to the market for the provision of services relating to the management of a Formula One team.
The Commission concluded that the notified transaction would not raise competition concerns, given that Sauber has negligible activities in the European Economic Area and the companies’ limited market positions resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.11819.