Alfa Romeo announced that their partnership with Sauber will end at the conclusion of the 2023 Formula 1 season.
The Alfa Romeo brand returned to F1 in 2018 as they began their cooperation with Sauber. On Friday, the Italian manufacturer revealed that the partnership will end after the 2023 season.
The announcement came in the wake of reports of a possible purchase of Sauber by Audi.
“Alfa Romeo communicates that its partnership with Sauber Motorsport will end within the end of 2023,” the statement read.
“Alfa Romeo announced its return in F1 in 2017 with a long-term plan, and in July 2022 has announced the decision to continue its partnership with Sauber also for 2023, given the promising results of the first half of the season, both in terms of performances, marketing, and positive collaboration with the team.
“Since the economic and industrial turnaround of the brand will be achieved in 2022, Alfa Romeo will now evaluate among the many opportunities on the table and decide which will be the best one to sustain the long-term strategy and the positioning of the brand.”