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News Forum - Now he has wings – Red Bull boss Mateschitz passes after long illness


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Red Bull co-owner Dietrich Mateschitz has died aged 78. The Austrian billionaire, a hero in Thailand and patriarch of Red Bull’s Formula One team, had been battling a long-term illness. Mateschitz was the driving force behind that transformation of Red Bull from a sketchy Thai energy drink to the global market leader in a sector which he created more or less on his own. He used the fortune created by that to set up a Formula 1 team that has become one of the leading forces in the sport. Mateschitz lived to see Red Bull’s Max Verstappen clinch his second […]

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