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 »
Share

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...
2y ago from GrandPrix247.com

Red Bull disagree with wind tunnel penalty for...

The United States Grand Prix is quickly turning into a deeply saddening...
2y 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...
2y 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...
2y ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP Czech GP: How to watch

No description available...
55m ago from Motorsport.com

Marc Marquez wins Brno MotoGP Sprint race

Marc Marquez continued his Saturday afternoon dominance with another...
21h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar Toronto – Qualifying Results

A knockout qualifying session for the NTT IndyCar Series took place on...
14h ago from MotorsportWeek.c...

Colton Herta hauls in IndyCar pole in Toronto

IndyCar completed a busy qualifying session on the streets of Toronto...
15h ago from MotorsportWeek.c...

Andretti tops Team Penske in IndyCar’s second...

IndyCar took to the streets of Toronto on Saturday morning, turning...
19h ago from MotorsportWeek.c...

Popular On TotalWRC.com

SuperSwede Solberg in command on Rally Estonia

Oliver Solberg continued his domination of WRC Delfi Rally Estonia on...
16h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Arsecast Extra Episode 649 – 20.07.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
25m ago from Arseblog.com

Not Sesko: Arsenal now looking to sign striker from...

Arsenal are interested in signing the Mainz attacker Nelson Weiper during...
3h ago from CaughtOffside.com

Tour squad announced : Big Vik's dad is crying

Morning. A very quick Sunday blog for you. Arsenal yesterday announced a...
4h ago from Arseblog.com

'That’s what they’ve done' - Thierry Henry boldly...

Thierry Henry has backed Arsenal to win the Premier League in the 2025-26...
5h ago from SportsKeeda.com

Comments

Hottest News

Red Bull DENIED F1 emergency help

Red Bull have no lifeline to fall back on in... Read More »
1h ago from GPFans.com

Lawson admits he’s still coming to terms with Red Bull...

Liam Lawson has opened up about the emotional and... Read More »
45m ago from F1i.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.