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Red Bull owner Dietrich Mateschitz dies, aged 78

Ewan Gale Saturday 22 October 2022 22:21 - Updated: 22:26 Red Bull GmbH co-founder and owner Dietrich Mateschitz has died, aged 78. The Austrian businessman created the company in 1984, with the brand growing from an energy drink into one of the biggest worldwide names in sports and entertainment, through sponsorship and team ownership. The Red Bull name entered F1 in the 1990s through various sponsorship deals, before Mateschitz took a majority stake in Sauber. When Kimi Raikkonen was signed for 2001, the relationship ended, but it is through Red Bull's own team that the company has made its biggest mark. Growing from its first season in 2005, the team went on to conquer the world with...
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