Kirkland & Ellis advised the Audi Group on a significant minority investment of Qatar Investment Authority (QIA) in Sauber Holding AG, Audi’s future Formula 1 factory team. With this strategic investment, QIA, the sovereign wealth fund of the State of Qatar, is taking a stake in Audi’s F1 Project as a long-term investor and partner. The Four Rings will officially enter Formula 1 with a factory team with the change of the technical regulations in 2026. The transaction is subject to customary regulatory approvals. Read Audi’s press release The Kirkland team included transactional lawyers Tobias Larisch and Tamara Zehentbauer; and tax lawyer Michael Ehret.