Alfa Romeo has renewed its partnership with Swiss-based Formula One outfit Sauber for the 2023 season, confirmed the automaker's CEO, Jean-Philippe Imparato, ahead of the Hungarian GP.
Sauber owns and runs the team under the Alfa Romeo name. It is controlled by Islero Investments.
However, Sauber is linked with Volkswagen-owned Audi, with reports suggesting the German company is looking for a 75 percent stake in the team.
Alfa Romeo, which is a division of the Fiat Chrysler Automobiles (FCA) group, will continue to offer strategic, technical, and engineering counsel to Sauber.
Sauber's Formula One car sports the Alfa Romeo logo and the powertrains of Ferrari, also owned by FCA, as agreed before the 2018 season,
Imparato described Formula One as a “school of excellence” and part of its DNA for Alfa Romeo.
He noted that for the moment, their partnership with Sauber is a fantastic, common vision, but if one day something else occurs, it will not be a problem to develop Alfa Romeo in another way in motorsport.


Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand
NBA Returns to China with Alibaba Partnership and Historic Macau Games
Why Manchester City offered Erling Haaland the longest contract in Premier League history
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves
Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market
How did sport become so popular? The ancient history of a modern obsession
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 



