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’
DOJ Launches Antitrust Investigation Into the NFL Over Broadcast Restrictions
ASX Proposes New Share Dilution Limits for Public Takeovers
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details
Los Angeles Mayor Says White House Must Reassure Fans Ahead of FIFA World Cup
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth
Obayashi to Acquire Multiplex in $526M Expansion Deal
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal
Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening
Trump Says Anthropic No Longer Seen as National Security Threat
Trump Plans New Executive Order to Address Rising NIL Costs in College Sports
JD Vance to Lead U.S. Presidential Delegation at Milano Cortina Winter Olympics Opening Ceremony
Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks
Trump Administration Delays DeepSeek and CXMT Trade Blacklist Designations Amid U.S.-China Tensions
LA28 Confirms Olympic Athletes Exempt from Trump’s Travel Ban
German Industry Employment Falls to Lowest Level in a Decade 



