Dietrich Mateschitz

The Austrian entrepreneur got his start in marketing and applied his skills to burnish the image of energy drink Red Bull. He was ranked among the 100 ...

Back in Austria, he also owned Hangar-7, an event center located on the grounds of Salzburg airport that houses his historic aircraft collection, the Flying Bulls. Mateschitz also owned Red Bull Racing, a Formula 1 racing team in England. The partners took the syrupy sweet Asian drinks– then typically sold in brown glass bottles– and livened it up with carbonation and an eye-catching blue and silver can, emblazoned with the drink’s name. Mateschitz, who built a multi-billion dollar fortune in the process, has died at age 78. Forbes pegs Mateschitz’s fortune at $20.2 billion; he was the 71st richest person in the world at the time of his death. In 2013, Forbes reported that Mateschitz spent $1.7 million on

Tributes have been paid to Dietrich Mateschitz, the owner and co-founder of the sports drink company Red Bull, who has died aged 78.

The Austrian also bought the Italy-based Minardi F1 team and renamed it Toro Rosso in 2006, the Italian for Red Bull. “It’s a big loss for all of us. The team also won the constructors’ title in each of those years. I cannot thank him enough for that and that’s why it’s a very difficult day for us.” “That’s what he did here in Formula One, proving that you can make a difference … “So many of us have to be so grateful to him for the opportunities that he’s provided, the vision that he had, the strength of character and never being afraid to follow and chase your dreams.

Red Bull Formula 1 drivers past and present have paid tribute to company founder Dietrich Mateschitz, who passed away on Saturday at the age of 78.

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. But is there a risk, asks MATT KEW, that too much of a good thing could end up being detrimental to the championship?

The New York Red Bulls are deeply saddened by the passing of Dietrich Mateschitz. Our condolences and sympathy go out to his family and friends.

Mateschitz has made possible for us as a club. Mateschitz’s legacy will continue and forever be a part of the New York Red Bulls. The New York Red Bulls are deeply saddened by the passing of Dietrich Mateschitz.

Austrian billionaire Dietrich Mateschitz, the co-founder of energy drink company Red Bull and founder and owner of the Red Bull Formula One racing team, ...

Later that year, he then also bought Minardi and renamed it Toro Rosso, astutely using it as a feeder team for Red Bull. 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. 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.” Red Bull operates soccer teams in top divisions across Austria, Germany, Brazil and the United States. 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.

Christian Horner believes the way in which Max Verstappen won the United States Grand Prix was a fitting tribute to Red Bull co-founder and owner Dietrich ...

Dietrich was a very private man, but he was passionate – passionate about life, passionate about sport, and he was especially passionate about Formula 1,” he added. “He had a dream which was to have a Formula 1 team. He believed in us, he backed us, and this is for him. I thought there was only going to be one outcome of that race, and to win the constructors’ World Championship after eight long years is incredible.” “Max obviously had to fight back after a difficult pit stop [where] we had a problem with the front wheel gun. That was the best possible way we could’ve won that race.