Dietrich Mateschitz

Team principal Christian Horner has hailed the founder of the energy drinks company as 'an incredible man who loved Formula One'

“It is with great sadness that we learned of Dietrich’s death,” said Red Bull team principal Christian Horner. Red Bull driver The Austrian billionaire, integral in Red Bull’s involvement in Formula One, had been battling a long-term illness.

Dietrich Mateschitz, co-founder and owner of the Red Bull brand, has died at the age of 78.

Asked what Verstappen’s recent title win would have meant to Mateschitz, Horner added: “Well, thankfully he got to see that. That’s what he did here in F1, proving that you can make a difference. What a great man – he’s few of a kind.

Mateschitz was an influential Austrian businessman who founded the energy drinks company and then brought it to Formula 1 with huge success, winning four ...

I think they will carry on and be able to maintain the level of success they've been at even now the owner has passed. "He's put the Red Bull racing team on a firm foundation. "There had been rumours about his ill health for several weeks now and it's sad to have it confirmed now that he has passed on. An amazing academy, he linked to local schools to make sure that everyone who came through there got a good education as well as an opportunity within sport as well. Red Bull went on to secure clean sweeps of the next three championships, and have remained one of F1's top teams since. He then bought Minardi a year later, who became a Red Bull junior team in Toro Rosso, and are now called AlphaTauri.

There was no immediate word on where he died or the cause of death. The Austrian billionaire gained fame as the public face of Red Bull, an Austrian-Thai ...

Red Bull says Mateschitz worked on the formula for three years before the modified drink was launched under its new name in his native Austria in 1987. Red Bull also operates soccer teams in top divisions across Austria, Germany, Brazil and the U.S. German league regulations prevented the company from naming the team Red Bull Leipzig -- its name in German, RasenBallsport, means "grass ball sport Leipzig'' but the club just refers to itself as RB Leipzig. "Desperately sad news that we've learned of the passing of Dietrich," Red Bull F1 boss Christian Horner said Saturday. It's important that we recognise everything he has contributed to the sport, but not just the sport because it goes way, way beyond that." The latter, which operates out of Italy as the company's junior team, was renamed Toro Rosso and today competes as AlphaTauri.

The Austrian businessman, who founded the energy drink company in 1984, was instrumental in the brand's involvement in Formula 1.

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Red Bull co-founder Dietrich Mateschitz, the man responsible for a game-changing Formula 1 operation, has died aged 78.

“He was always enthusiastic, encouraging, supportive, on the good days and the bad days. “He is the reason that we are here. It was in this era that his investment revived the Austrian Grand Prix, at the rebranded Red Bull Ring that he had purchased a decade earlier. Initially a sponsor and majority-owner of Sauber, Red Bull split with the Swiss team when it refused to run Enrique Bernoldi, one of the young drivers that Red Bull supported at the time. Red Bull went on to buy the underperforming Jaguar team in 2004 and rebranded it as Red Bull Racing for the following season. “He’s a remarkable man, what he’s done for so many.

Max Verstappen and Carlos Sainz paid a glowing tribute to Dietich Mateschitz following the Red Bull founder and owner's death, insisting they would never ...

it's probably the biggest contribution to Formula 1 from any single individual." "Very sad news and quite shocked to hear that today," he said. He has also had many other ventures, including in football, ice hockey and extreme sports. I cannot thank him enough for that and that's why it's a very difficult day for us." "It's a big loss for all of us. ; Max Verstappen and Carlos Sainz pay tribute to Dietrich Mateschitz ahead of US Grand Prix, where they will share the front row from 8pm - live on Sky Sports F1

Mateschitz not only helped the energy drink become popular around the world, but also built up a sports, media, real estate and gastronomy empire.

German league regulations prevented the company from naming the team Red Bull Leipzig – its name in German, RasenBallsport, means "grass ball sport Leipzig" but the club just refers to itself as RB Leipzig. Red Bull operates soccer teams in top divisions across Austria, Germany, Brazil and the United States. He was incredibly proud of the team, incredibly proud of everything we've done and have been achieving, and he's been a passionate supporter and the backbone of everything that we do." Verstappen started in Red Bull's driver development program and became the youngest driver in F1 history to start a grand prix when he started with the junior Toro Rosso team at age 17 in 2015. Red Bull also has contracts with hundreds of athletes in various sports and a deep driver development program to get racers to the top level. Red Bull says Mateschitz worked on the formula for three years before the modified drink was launched under its new name in his native Austria in 1987.

Red Bull founder Dietrich Mateschitz, who made the energy drink a global phenomenon and forged a title-winning Formula One team and a sports empire, ...

He was a passionate supporter and the backbone of all we do. "It is very, very sad," said Horner, speaking at the United States Grand Prix in Austin, Texas. Horner told Sky Sports F1 that Mateschitz "proved you can make a difference. The Italian said: "He was an incredible visionary entrepreneur and a man who helped to transform our sport and created the Red Bull brand that is known all around the world." "A great man, one of few of a kind, for what he achieved and he has done for many people around the world and across so many sports." Red Bull expressed both its "sadness" at the Austrian billionaire's death and "gratitude for what he accomplished".

Austrian billionaire Mateschitz was co-founder of energy drink company Red Bull, which says it sold nearly 10 billion cans of its caffeine and taurine-based ...

German league regulations prevented the company from naming the team Red Bull Leipzig – its name in German, RasenBallsport, means "grass ball sport Leipzig" but the club just refers to itself as RB Leipzig. He was incredibly proud of the team, incredibly proud of everything we've done and have been achieving, and he's been a passionate supporter and the backbone of everything that we do." Verstappen started in Red Bull's driver development program and became the youngest driver in F1 history to start a grand prix when he started with the junior Toro Rosso team at age 17 in 2015. Red Bull operates soccer teams in top divisions across Austria, Germany, Brazil and the United States. Red Bull also has contracts with hundreds of athletes in various sports and a deep driver development program to get racers to the top level. Red Bull says Mateschitz worked on the formula for three years before the modified drink was launched under its new name in his native Austria in 1987.

The Formula 1 paddock in Austin is mourning the news from Austria about the death of Red Bull founder Dietrich Mateschitz.

"Mateschitz was the most incredible entrepreneur," he said. "All of this in F1 is due to Didi alone. I mean, who else in the history of F1 has ever started two teams?" "I got to know him as a racer at heart with an enormous passion for the sport. "We knew that Didi had a very serious health condition," he said. The news of his death is very difficult to take.

Teams and key figures from the world of Formula 1 have been paying tribute to Dietrich Mateschitz, who passed away on the eve of the United States Grand ...

Mateschitz, who made the energy drink a global phenomenon and forged a title-winning Formula One team and a sports empire, died on Saturday aged 78.

He was a passionate supporter and the backbone of all we do. "It is very, very sad," said Horner, speaking at the United States Grand Prix in Austin, Texas. Horner told Sky Sports F1 that Mateschitz "proved you can make a difference. "A great man, one of few of a kind, for what he achieved and he has done for many people around the world and across so many sports." VIENNA - Red Bull founder Dietrich Mateschitz, who made the energy drink a global phenomenon and forged a title-winning Formula One team and a sports empire, died on Saturday aged 78, the company said. Mateschitz, who made the energy drink a global phenomenon and forged a title-winning Formula One team and a sports empire, died on Saturday aged 78.