Tag Archives: Gernot Döllner

Bye Sauber – Hi Audi Revolut F1 Team

The Audi Revolut F1 Team today unveiled its official name, logo, and announced that its global launch will take place in Berlin on 20 January 2026. This is the latest phase for the Audi Revolut F1 Team toward joining the Formula One World Championship in 2026. The team name and logo combine Audi F1 and global fintech Revolut, following the confirmation of the title partnership in July 2025.*

“Unveiling the Audi Revolut F1 Team name and logo marks another major milestone on our journey into the pinnacle of motorsport. Both give our ambition a clear identity, reflecting a strong vision and innovative spirit. We now look ahead to Berlin in January, where we will officially present this exciting new chapter for the Audi brand to the world,” said Gernot Döllner, CEO of Audi AG and Chairman of the Board of Directors of Sauber Motorsport AG. Continue reading

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Audi F1 – Revolut Becomes Title Partner

“Audi is entering Formula 1 with a clear ambition: to use the platform as a technologically relevant and economically sustainable investment in the future of the Audi brand. We firmly believe in the success of our project, which we are approaching with a realistic attitude and a mindset of continuous improvement. In Revolut, we have found a partner that shares our ambitions and attitude. Formula 1 is a global stage that offers us the opportunity to reach new target groups together and generate enthusiasm for our products,” said Gernot Döllner, CEO of AUDI AG and Chairman of the Board of Sauber Motorsport AG. Continue reading

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Audi Group Q1 2025 Revenue +12.4% Profit down 12.5%

Audi AG’s overall financial performance in the first quarter of 2025 was  the result of relatively weak sales, a common problem facing global automakers given the ongoing political and tariff trade wars that are negatively affecting the business environment. Audi Group is a subsidiary of Volkswagen Group.*

“The first few months of 2025 saw us take decisive steps towards repositioning our company,” said Audi CEO Gernot Döllner. “This includes the agreement for the future concluded between company management and the works council in March, which aims to increase productivity, speed and flexibility at our German sites. The year will continue to be very challenging due to the global economic conditions. But Audi has started to execute its strategy and is delivering on it. Our model initiative is now, step by step, coming onto the global markets. We are particularly encouraged by sales and order intake for our new electric models.” Continue reading

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F1 – Qatar Investment Authority Buys Into Sauber

QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions as well as in partnership with institutions around the world “to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.” It is the subject of controversies, including its dealings with Russia, embezzlement charges of former executives, its ownership of Heathrow airport, the PGA tournaments, the football World Cup, among others. Continue reading

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Mattia Binotto Returns to F1 as CEO at Sauber Motorsport

“I am delighted that we have been able to recruit Mattia Binotto for our ambitious Formula 1 project,“ said Gernot Döllner, CEO of AUDI AG. “With his extensive experience of more than 25 years in Formula 1, he will undoubtedly be able to make a decisive contribution for Audi.“ Following his university degree in mechanical engineering at EPFL in Switzerland, the Italian immediately joined the F1 test team of Ferrari in 1995. He subsequently had various positions, from chief engineer to manager of the engine department and technical director. In 2019 he was additionally appointed as team head of Scuderia Ferrari.” Continue reading

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Bentley CEO Adrian Hallmark Abruptly Leaves

Adrian Hallmark, chairman and CEO of Bentley Motors Ltd.* since February 2018, is leaving the company at his own request and by mutual consent. “He is preparing for new tasks outside the Volkswagen Group with immediate effect. His successor in … Continue reading

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