News Details
Red Bull future ‘set' despite Mateschitz death
Oct.27 Red Bull's future in Formula 1 is 'set' despite the death last weekend of the energy drink company's founder Dietrich Mateschitz. Under the reclusive 78-year-old Austrian billionaire's tutelage, Red Bull owns two Formula 1 teams, promotes the Austrian GP and has the Austrian TV rights via Servus TV. Red Bull also rejected Porsche's desire for a 50 percent buyout deal and works collaboration for 2026, choosing instead to go it alone with its own ‘Red Bull Powertrains' subsidiary. But with Mateschitz having died at home after an 18 month battle with pancreatic cancer, it is now unclear what will happen with his billion-dollar empire. Austrian media report that his $25 billion...
Full Story »
Full Story »
3y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Rest In Peace: Dietrich 'Didi' Mateschitz the King of...
Austrian billionaire Dietrich 'Didi' Mateschitz the King of Red Bull, a...
3y ago from GrandPrix247.com
Red Bull disagree with wind tunnel penalty for...
The United States Grand Prix is quickly turning into a deeply saddening...
3y ago from Formula1News.co.uk
F1 world pays tribute to Red Bull owner
Dieterich Mateschitz was the driving force behind all of Red Bull's...
3y ago from Formula1News.co.uk
Mateschitz wants Red Bull, F1 to ‘keep going'...
Oct.23 The Formula 1 paddock in Austin is mourning the news from Austria...
3y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati carries out 850cc MotoGP bike shakedown at...
No description available...
3h ago from Motorsport.com
Pedro Acosta fears intense MotoGP format means shorter...
No description available...
10h ago from Motorsport.com
Shoulder injury pushes Marc Marquez into his...
No description available...
1d ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
OpenAI expands partnership with Chip Ganassi Racing to...
No description available...
4h ago from Motorsport.com
Tweaked single-car Fast Six qualifying set for...
No description available...
6m ago from Motorsport.com
IndyCar representatives visit the Goiânia Raceway and...
No description available...
1d ago from Motorsport.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why WRC Croatia victory was “quite special” for...
No description available...
3h ago from Motorsport.com
WRC Croatia: Driver crashes… then sits down for...
No description available...
21h ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Everton looking to sign highly-talented 50...
Cristhian Mosquera has been linked with a move away from Arsenal at the...
46m ago from CaughtOffside.com
Man United tracking 19-year-old PL talent since 2023,...
Manchester United are interested in signing the Newcastle United...
2h ago from CaughtOffside.com
Arsenal eye move for high-calibre La Liga star who has...
Oscar Mingueza is set to leave Celta Vigo at the end of the season, and a...
3h ago from CaughtOffside.com
Arsenal set to make approach for winger as Liverpool...
Leicester City attacker Jeremy Monga has been linked with a move away from...
3h ago from CaughtOffside.com
Comments
Hottest News
McLaren F1 chief 'signs pre-contract with Ferrari' ahead of...
It has been confirmed that Gianpiero Lambiase,... Read More »
2h ago from GPFans.com
Max Verstappen agreed Red Bull retirement deal before GP...
Comments from four-time F1 champion Max... Read More »
1h ago from GPFans.com
F1 Doomsday: Verstappen, Hamilton and Alonso are all...
It is F1's Doomsday - Max Verstappen, Lewis... Read More »
56m ago from GPFans.com
