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
Manufacturers stand up to Liberty in Jerez as MotoGP...
No description available...
13h ago from Motorsport.com
Aprilia runs 2027 MotoGP bike on track for first time...
No description available...
14h ago from Motorsport.com
Aprilia opens new development path in MotoGP with...
No description available...
16h ago from Motorsport.com
Yamaha’s Jerez MotoGP updates improve rider feeling...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Rookie Caio Collet fastest in two-day Indy 500 open...
The NTT IndyCar Series held its traditional two-day open test for the...
8h ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
8h ago from Motorsport.com
PrizePicks partners with Arrow McLaren for Ryan...
No description available...
10h ago from Motorsport.com
Popular On TotalWRC.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
13h ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
15h ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
19h ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Video: Row erupts between Diego Simeone and Arsenal...
As if there wasn't enough drama on the pitch between Arsenal and Atletico...
48m ago from CaughtOffside.com
'This cannot happen' – Mikel Arteta admits he's...
Arsenal manager Mikel Arteta did not hold back with his views on Eberechi...
28m ago from CaughtOffside.com
Premier League to reject Manchester City plea as they...
The Premier League have rejected Manchester City's proposal to switch...
6h ago from SportsKeeda.com
Arteta left ‘incredibly fuming’ after VAR denies...
t;li>“I’m sorry, but this cannot happen’Semi-final tie level at...
7h ago from TheGuardian.com
Comments
Hottest News
McLaren make F1 discovery as firm instruction delivered in...
McLaren has started the season slowly, but a... Read More »
48m ago from RacingNews365.com
Mercedes boss Toto Wolff expects "evolution not...
Mercedes boss Toto Wolff expects small changes to... Read More »
28m ago from GrandPrix247.com
Ferrari head to the Miami Grand Prix for Sprint Race...
Ferrari team principal Fred Vasseur says his team... Read More »
28m ago from GrandPrix247.com
