Michael-Julius Renz has been appointed head of Audi Sport, taking over from .

Winkelmann will be starting as president of Bugatti on January 1, having served as CEO of Audi Sport since March 2016.

Meanwhile, Renz will take over at Audi Sport on March 1, 2018, after working as president of Audi Sales in China since 2015.

"I would like to thank Stephan Winkelmann for his commitment and his successful contribution to the company," said Rupert Stadler, chairman of the board of management at Audi.

Above: Stephan Winkelmann 

"He has positioned Audi Sport as an independent and forward-thinking brand, and has made a decisive impact in terms of setting the course for the future growth of the company. Michael-Julius Renz will inherit an excellent legacy."

"With his international experience, Michael-Julius Renz will further drive the growth of Audi Sport worldwide. Under his leadership, we want to firmly establish the brand as a global player in the market," he continued.