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Tag Archives: Mattia Binotto
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
Posted in auto news, marketing, milestones, news analysis, racing, shows and events
Tagged AUDI AG, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Gabriel Bortoleto, Gernot Döllner, Jonathan Wheatley, Ken Zino, Mattia Binotto, Mohammed Al-Sowaidi, Nico Hülkenberg, Qatar Investment Authority, Sauber Motorsport AG, X @KenAutoinformed
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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
Milestones – Audi F1 at Munich Brand Experience Center
More than three months before its first race in Formula 1, Audi provided a preview of its presence at its Brand Experience Center in Munich. Just like in future production models, Audi will bring uncompromising clarity to the racetrack and beyond. Carefully crafted statements were made by Audi CEO Gernot Döllner, the Head of Audi F1 Project Mattia Binotto, Team Principal Jonathan Wheatley, and Audi Chief Creative Officer Massimo Frascella.
“Our entry into Formula 1 is part of something bigger. It’s the next step in the company’s renewal, designed to strengthen our competitiveness on the global stage. In Formula 1, every second counts. Success demands performance, precision and teamwork. This mindset will drive a new performance culture across the entire company and a catalyst for change towards a leaner, faster, and more innovative Audi,” said Audi CEO Gernot Döllner. Continue reading →