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Red Bull founder Dietrich Mateschitz dies

Dietrich Mateschitz (left) and Max Verstappen (right) in 2021 Dietrich Mateschitz, the Austrian who co-founded the Red Bull energy drink empire and established the Formula 1 team of the same name, has died at the age of 78. Mateschitz was a major player in motorsport as a former shareholder of the Sauber squad through the energy drink business before it bought out Jaguar Racing at the end of 2004 and turned it into Red Bull Racing. It would eventually become the benchmark of Formula 1 with a streak of four drivers’ and constructors’ championship titles from 2010 to 2013, and added a fifth of the former courtesy of Max Verstappen last year. For most of Red Bull Racing’s existence, it...
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