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.


Spying, Southampton and economic pressure cooker of the ‘richest match in football’
Trump’s U.S. Open Visit Delays Final, Fans Face Long Security Lines
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea
Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations
Mexico President Claudia Sheinbaum Reconsiders Early School Closure Plan Ahead of 2026 World Cup
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert
Trump Booed at Club World Cup Final, Praises Pele as Soccer’s GOAT
Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook
Los Angeles World Cup Security Plans: No ICE Immigration Enforcement at FIFA 2026 Matches, Officials Say
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May
US Seizes Nearly 400 Illegal World Cup Streaming Domains in Global Anti-Piracy Crackdown 



