Dietrich Mateschitz

Red Bull co-founder Dietrich Mateschitz, who has died at the age of 78, made an extraordinary impact across the world of motor sport, and not just in ...

Over a collection of images from his F1 career, the Flying Finn shares some cherished memories with MAURICE HAMILTON about his route to the top, annoying Ayrton Senna and Alain Prost, and that overtake in Spa… And Lady Luck has played her role this season in helping one driver start an F1 career - but, equally, put an early end to several drivers' title aspirations Exactly half of the 24 tracks featured on the 2023 Formula 1 calendar, in one way or another, bear the fingerprints of Hermann Tilke and his company.

Red Bull co-owner Dietrich Mateschitz, a major global business figure as a result of his energy drinks empire, dies aged 78.

He also set up the Wings For Life charity in aid of spinal cord research. He carved a significant legacy in motorsport and global business. Red Bull continued to produce competitive cars, but were held back by their Renault engines. Verstappen was signed for the Toro Rosso team - the former name of Alpha Tauri, which is now named for a group fashion brand - in 2015 and by the fifth race of 2016 was promoted to Red Bull, winning at the Spanish Grand Prix on his debut for the senior team. He began to associate the brand with extreme sports such as surfing, cliff diving, winter sports and mountain biking, and Red Bull became involved as a sponsor in many of them. He used the fortune created by that to set up a Formula 1 team that has become one of the leading forces in the sport.

Team principal Christian Horner has hailed the founder of the energy drinks company as 'an incredible man who loved Formula One'

“It is with great sadness that we learned of Dietrich’s death,” said Red Bull team principal Christian Horner. Red Bull driver The Austrian billionaire, integral in Red Bull’s involvement in Formula One, had been battling a long-term illness.

Dietrich Mateschitz, co-founder and owner of the Red Bull brand, has died at the age of 78.

Asked what Verstappen’s recent title win would have meant to Mateschitz, Horner added: “Well, thankfully he got to see that. That’s what he did here in F1, proving that you can make a difference. What a great man – he’s few of a kind.

Red Bull owner Dietrich Mateschitz (R) congratulates Red Bull Formula One driver Sebastian Vettel of Germany for winning the championship and the Abu Dhabi ...

He lived in Salzburg with his long-term girlfriend and once said years ago that he drank 10 to 12 cans of Red Bull a day himself. Mateschitz was also the founder and owner of Red Bull Racing, a Formula 1 racing team based in Milton Keynes, Britain. He associated the Red Bull brand with adventure sports like surfing, mountain biking and cliff diving with the company eventually involved as a sponsor in a lot of them. The group achieved a turnover of 7.8 billion euros in 2021 and sold 9.8 billion Red Bull cans worldwide. market at the end of the 1990s. One year later, together with the Thai entrepreneurial family Yoovidhya, he founded Red Bull GmbH, in which he held a 49% stake.

Mateschitz was an influential Austrian businessman who founded the energy drinks company and then brought it to Formula 1 with huge success, winning four ...

I think they will carry on and be able to maintain the level of success they've been at even now the owner has passed. "He's put the Red Bull racing team on a firm foundation. "There had been rumours about his ill health for several weeks now and it's sad to have it confirmed now that he has passed on. An amazing academy, he linked to local schools to make sure that everyone who came through there got a good education as well as an opportunity within sport as well. Red Bull went on to secure clean sweeps of the next three championships, and have remained one of F1's top teams since. He then bought Minardi a year later, who became a Red Bull junior team in Toro Rosso, and are now called AlphaTauri.

Mateschitz founded Red Bull in 1984 with the drink's founder, Thai Chaleo Yoovidhya, turning it into a drinks company and a leading brand in several sports ...

He’s few of a kind. United States Grand Prix “It’s very, very sad,” Horner told Sky Sports.

Red Bull owner Dietrich Mateschitz, a giant in the world of energy drinks and founder of the Formula One team and a sports empire, has died aged 78, ...

He was a passionate supporter and the backbone of all we do. Mr Horner told Sky Sports F1 that Mr Mateschitz "proved you can make a difference. Red Bull expressed both its "sadness" at the Austrian billionaire's death and "gratitude for what he accomplished".

Considered to be the richest man in Austria, the entrepreneur built a global empire around the energy drink Red Bull.

We are just incredibly grateful for him and everything he has done, everything he has supported us with over the years and so many drivers, so many team members, so many people in this pitlane owe him so much. He added: "It is very, very sad. After modifying the recipe of a Thai energy drink and developing a marketing concept, Red Bull was introduced to the market in 1987. Mateschitz was the founder and owner of Red Bull Racing, a Formula 1 racing team based in Milton Keynes. He lived in Salzburg with his long-term girlfriend and once said years ago that he drank 10 to 12 cans of Red Bull a day. Considered to be the richest man in Austria, the entrepreneur built a global empire around the energy drink Red Bull.

There was no immediate word on where he died or the cause of death. The Austrian billionaire gained fame as the public face of Red Bull, an Austrian-Thai ...

Red Bull says Mateschitz worked on the formula for three years before the modified drink was launched under its new name in his native Austria in 1987. Red Bull also operates soccer teams in top divisions across Austria, Germany, Brazil and the U.S. German league regulations prevented the company from naming the team Red Bull Leipzig -- its name in German, RasenBallsport, means "grass ball sport Leipzig'' but the club just refers to itself as RB Leipzig. "Desperately sad news that we've learned of the passing of Dietrich," Red Bull F1 boss Christian Horner said Saturday. It's important that we recognise everything he has contributed to the sport, but not just the sport because it goes way, way beyond that." The latter, which operates out of Italy as the company's junior team, was renamed Toro Rosso and today competes as AlphaTauri.

Mateschitz not only helped the energy drink become popular around the world, but also built up a sports, media, real estate and gastronomy empire.

German league regulations prevented the company from naming the team Red Bull Leipzig – its name in German, RasenBallsport, means "grass ball sport Leipzig" but the club just refers to itself as RB Leipzig. Red Bull operates soccer teams in top divisions across Austria, Germany, Brazil and the United States. He was incredibly proud of the team, incredibly proud of everything we've done and have been achieving, and he's been a passionate supporter and the backbone of everything that we do." Verstappen started in Red Bull's driver development program and became the youngest driver in F1 history to start a grand prix when he started with the junior Toro Rosso team at age 17 in 2015. Red Bull also has contracts with hundreds of athletes in various sports and a deep driver development program to get racers to the top level. Red Bull says Mateschitz worked on the formula for three years before the modified drink was launched under its new name in his native Austria in 1987.

The Austrian billionaire, integral in Red Bull's involvement in Formula One, had been battling a long-term illness. His death was announced to Red Bull staff ...

My thoughts are with his family.” Mateschitz founded the energy drinks company in 1984. Red Bull driver Max Verstappen secured his second championship in a row at the Japanese Grand Prix earlier this month and the team is set to wrap up this season’s constructors’ championship this weekend.