Mateschitz, founder of Red Bull and two Formula 1 teams, dies
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Austrian billionaire Dietrich Mateschitz has died at the age of 78. He was the founder of the Red Bull beverage company, the Red Bull and Alpha Tauri Formula One teams, and the owner of several football clubs.
The death is reported on the Formula 1 website. According to media reports, Mr. Mateschitz has not appeared in public lately due to a serious illness. A few weeks ago, his condition worsened.
Dietrich Mateschitz and Thai businessman Chaleo Yuvidya (died 2012) founded the beverage company Red Bull GmbH in 1984. In 2004, an Austrian businessman bought the Jaguar Formula 1 team and renamed it Red Bull. In 2010-2013, she won the Constructors’ Championship, in the same years the German Sebastian Vettel won the individual World Championship, in 2021 and 2022, another Red Bull driver, the Dutchman Max Verstappen, became the champion. In addition, Mateschitz founded Toro Rosso in 2006, which was later renamed Alpha Tauri.
Forbes estimates the fortune of the Austrian businessman at $ 20.2 billion. He ranks 51st in the list of the richest people on the planet.
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