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Audi and McLaren, side by side

as of

The same lines as the two team dossiers, set beside each other. Each line is one record, printed as its source printed it. Where a column says "None in this record", no confirmed record names that team there; it is not a statement about the team.

Who owns it

Who owns each team now, each line in its document's own words with that document's date. Stake sales are listed apart.

Audi

No current owner is stated in this record; see stake sales.

McLaren

  • McLaren Group Limited named as Mclaren Group Limitedas of 13 November 2026
    Stake or control, as stated
    Ownership of shares – 75% or more Ownership of voting rights - 75% or more Right to appoint or remove directors nature of control of MCLAREN RACING LIMITED, company 01517478, on the UK company register
    Source Companies House, register read 13 November 2026 record
    Quote

    MCLAREN RACING LIMITED persons with significant control - Find and update company information - GOV.UK. Published by a public body, Companies House, register read 13 November 2026. It says:

    MCLAREN RACING LIMITED Company number 01517478 company heading of the register page
    Mclaren Group Limited Active Notified on 3 August 2021 Governing law Companies Act 2016 Legal form Private Company Limited By Shares Place registered Register Of Companies For England And Wales Registration number 10720174 Incorporated in England & Wales Nature of control Ownership of shares – 75% or more Ownership of voting rights - 75% or more Right to appoint or remove directors list of persons with significant control, the one active entry

Disclosed stake sales

Each sale a party to it announced, newest first. A sale is an event on its date, not a statement of who owns the team now.

Audi

  • Buyer Qatar Investment Authority
    Stake, as stated
    a significant minority stake in Sauber Holding AG
    Price, as stated
    not disclosed: no price stated in the announcement
    Valuation, as stated
    not disclosed: no valuation stated in the announcement
    Announced
    29 November 2024
    Source AUDI AG, Qatar Investment Authority, record
    Quote

    Audi F1 Project strengthened by investment from QIA. Published by a party to it, AUDI AG, 29 November 2024. It says:

    Audi and Qatar Investment Authority (QIA) team up to accelerate the preparation for the Formula 1 entry of the four rings in 2026. QIA, the sovereign wealth fund of the State of Qatar, has signed definitive agreements to acquire a significant minority stake in Sauber Holding AG, the future factory team of Audi. paragraph 1
    11/29/2024 dateline

    QIA investment strengthens Audi F1 Project. Published by a party to it, Qatar Investment Authority, 29 November 2024. It says:

    DOHA, Friday 29 November: QIA, the sovereign wealth fund of the State of Qatar, has signed definitive agreements to acquire a significant minority stake in Sauber Holding AG, Audi's future factory team. paragraph 1
  • Buyer Audi (brand name as printed)
    Seller
    Islero Investments AG
    Stake, as stated
    100 percent of Sauber Holding AG
    Price, as stated
    not disclosed: no price stated in the release
    Valuation, as stated
    not disclosed: no valuation stated in the release
    Announced
    March 2024 as stated: March 2024
    Completed
    January 2025
    Source AUDI AG, undated; read 12 November 2026 AUDI AG, undated; read 12 November 2026 record
    Quote

    Audi accelerates preparations for successful entry into Formula 1 and significantly expands its commitment. Published by a party to it, AUDI AG, undated; read 12 November 2026. It says:

    In this context, Audi plans to take over 100 percent of Sauber Holding AG. A corresponding agreement has been reached with the current majority shareholder Islero Investments AG, which fully supports the change. In addition to chairing the shareholder committee of Audi Formula Racing GmbH, Oliver Hoffmann will become Chairman of the Board of Directors of all Sauber companies. media release of 03/08/2024, body

    In a nutshell: The Audi F1 Project. Published by a party to it, AUDI AG, undated; read 12 November 2026. It says:

    March 2024 Audi announces the complete takeover of Sauber ahead of schedule. page 18, timeline, March 2024
    January 2025 With the complete takeover of Sauber Holding AG, Audi takes another important step on its way into Formula 1. The complete takeover paves the way for the Qatar sovereign wealth fund to come on board as an investor with a capital increase. page 18, timeline, January 2025

McLaren

  • Buyer McLaren Group Limited
    Stake, as stated
    all shares of McLaren Racing’s minority shareholders
    Price, as stated
    not disclosed: no price stated in the release
    Valuation, as stated
    not disclosed: no valuation stated in the release
    Announced
    2 September 2025
    Completed
    not disclosed: completion not stated in the release
    Source McLaren Racing, record
    Quote

    McLaren Racing consolidates shareholder structure. Published by a party to it, McLaren Racing, 2 September 2025. It says:

    McLaren Group Limited has announced the purchase of all shares of McLaren Racing’s minority shareholders – MSP Sports Capital, funds managed by O’Connor Capital Solutions, Ares Sports, Media and Entertainment funds, and Caspian Funds. The transaction will enable Bahrain Mumtalakat Holding Company and CYVN Holdings LLC, an advanced mobility operator and investment vehicle based in Abu Dhabi, to increase their share and assume full ownership of the iconic British motor racing business. Bahrain Mumtalakat Holding Company will continue as majority shareholder with CYVN Holdings owning a non-controlling stake. release body, first two paragraphs
    McLaren Racing Consolidates Shareholder Structure 2 September 2025 14:00 (UTC) McLAREN RACING CONSOLIDATES SHAREHOLDER STRUCTURE headline and dateline
  • Buyer MSP Sports Capital
    Stake, as stated
    an initial 15% stake that will increase to a maximum of a 33% shareholding by the end of 2022
    Price, as stated
    £185m
    Valuation, as stated
    £560m, post-money
    Announced
    13 December 2020
    Source McLaren Racing, record
    Quote

    McLaren Group Announces New Investment in McLaren Racing. Published by a party to it, McLaren Racing, 13 December 2020. It says:

    The transaction will see MSP Sports Capital acquire a significant minority shareholding in the team, with McLaren Group remaining the majority shareholder. MSP Sports Capital will invest a total of £185m into McLaren Racing, acquiring an initial 15% stake that will increase to a maximum of a 33% shareholding by the end of 2022. The transaction values McLaren Racing at £560m, post-money.
    13 December 2020 08:30 (UTC) McLAREN GROUP ANNOUNCES NEW INVESTMENT IN McLAREN RACING US sports investment group MSP Sports Capital acquires significant minority shareholding
    The transaction values McLaren Racing at £560m, post-money.

Last valuation a party disclosed

Each in the party's own words, from its own announcement, on its own date. The two were stated at different times and on different terms; they are not a like-for-like comparison, and nothing here is worked out from a price and a stake.

Audi

None in this record.

McLaren

£560m, post-money

Stated with a stake sale, 13 December 2020: MSP Sports Capital, an initial 15% stake that will increase to a maximum of a 33% shareholding by the end of 2022.

Source McLaren Racing, record
Quote

McLaren Group Announces New Investment in McLaren Racing. Published by a party to it, McLaren Racing, 13 December 2020. It says:

The transaction will see MSP Sports Capital acquire a significant minority shareholding in the team, with McLaren Group remaining the majority shareholder. MSP Sports Capital will invest a total of £185m into McLaren Racing, acquiring an initial 15% stake that will increase to a maximum of a 33% shareholding by the end of 2022. The transaction values McLaren Racing at £560m, post-money.
The transaction values McLaren Racing at £560m, post-money.

Drivers and their terms

Drivers announced for 2027, with the term as the team stated it. A driver under contract with no term stated, and a reserve, is not counted as a 2027 seat.

Audi

No 2027 race seat announced in this record.

McLaren

  • Lando Norris
    Role
    race seat the team's words: has extended his contract with the McLaren Mastercard Formula 1 Team
    2027 seat
    confirmed for 2027
    Term, as stated
    until at least 2030
    Contract through
    2030
    Announced
    29 August 2026
    Source McLaren Racing, record
    Quote

    Reigning World Champion Lando Norris extends contract with McLaren Mastercard Formula 1 Team until at least the end of 2030. Published by a party to it, McLaren Racing, 29 August 2026. It says:

    Lando Norris, the 2025 Formula 1 Drivers’ World Champion, has extended his contract with the McLaren Mastercard Formula 1 Team until at least 2030, with a multi-year option to commit beyond that date. article, first paragraph
    29 August 2026 11:20 (UTC) LANDO NORRIS EXTENDS CONTRACT WITH McLAREN MASTERCARD FORMULA 1 TEAM dateline and heading
  • Oscar Piastri
    Role
    race seat the team's words: Driver, McLaren F1
    2027 seat
    under contract, term not stated; not counted as a 2027 seat
    Term, as stated
    multi-year
    Contract through
    multi-year deal; end year not announced
    Announced
    11 March 2025
    Source McLaren Racing, record
    Quote

    McLaren Formula 1 Team announce multi-year contract extension with Oscar Piastri. Published by a party to it, McLaren Racing, 11 March 2025. It says:

    McLaren Formula 1 Team announce multi-year contract extension with Oscar Piastri page title
    11 March 2025 21:00 (UTC) McLAREN FORMULA 1 TEAM ANNOUNCE MULTI-YEAR CONTRACT EXTENSION WITH OSCAR PIASTRI
    Oscar Piastri, Driver, McLaren F1, said: “It’s a great feeling knowing that I’m part of McLaren’s long-term vision. release, attribution of the driver's statement

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