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
How concessions narrowed Ducati’s edge in MotoGP
No description available...
6h ago from Motorsport.com
Marc Marquez on fairytale Honda return: “It’s more...
No description available...
1d ago from Motorsport.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
2d ago from MotorsportWeek.c...
MotoGP 2026: Team launches and pre-season testing...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: A wishlist for the 2026 IndyCar season
No description available...
1d ago from Motorsport.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
3d ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
4d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
How will the new Defender fare against Dakar's fastest...
No description available...
9h ago from Motorsport.com
Amputated navigator returns to Dakar 11 months after...
No description available...
10h ago from Motorsport.com
Dakar 2026: Mattias Ekstrom leads Ford 1-2 in Prologue
No description available...
8h ago from Motorsport.com
These are leading contenders for the 2026 Dakar Rally
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal player ratings: Declan Rice scores 9/10 after...
Arsenal extended their lead over Manchester City at the top of the Premier...
23m ago from CaughtOffside.com
Rice double sends Arsenal six points clear after...
Declan Rice's second-half double proved crucial to put Arsenal six points...
23m ago from SkySports.com
Rice bags brace as Arsenal go SIX clear at the top!
FREE TO WATCH: Highlights from Bournemouth's match against Arsenal in the...
13m ago from SkySports.com
Gabriel howler gifts Bournemouth one of the strangest...
Arsenal fans will hardly believe it, but their star centre-back Gabriel...
2h ago from CaughtOffside.com
Comments
Hottest News
Red Bull car's final design revealed and it looks...
Adrian Newey's final Red Bull brainchild has been... Read More »
1h ago from GPFans.com
F1 star fears 2026 issues with 'Rally car' quip
F1 star Esteban Ocon has suggested that there... Read More »
2h ago from GPFans.com
A promise kept: Verstappen’s special gift brings smile to...
Sergio Perez’s 2025 sabbatical came with a... Read More »
2h ago from F1i.com
