Why Qatar is buying into troubled Audi F1 programme
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"Be fearful when others are greedy – and greedy when others are fearful." The famous words of US investment guru Warren Buffett aptly sum up the Qatari Investment Authority's reasons for taking a shareholding in Audi's Formula 1 team.Qatar's sovereign wealth fund has been investing in Audi's parent, the Volkswagen Group, since 2009 and currently owns 17% – making it one of the largest ...Keep reading