The Gulf deal is a multi-year partnership, which also includes sponsorship of Williams’ young driver Academy and its esports team.
Audi had previously announced it would be an engine supplier for Sauber, but now the German giant has taken things further by buying a minority stake in the Swiss engineering company.
General Motors (GM) has announced a shock plan to enter Formula 1 in the coming years in partnership with motorsport giant Andretti Autosport.
The cash injection is believed to be sought to accelerate Alpine’s plans to rapidly grow to a fully electrified Porsche rival.
Cupra has become the latest manufacturer to enter the Formula E sphere, partnering with motorsport outfit Abt Sportsline for an entry into the new-look 2023 season.
Binotto was at the helm of what seemed like the Scuderia's revival earlier this year, with Charles Leclerc fighting eventual runaway winner Max Verstappen for early race wins.