Red Bull F1 Owner: After the excellent result fetched by Max Verstappen in Imola, get to know about his team, Red Bull Racing’s net worth and owner
Red Bull is rumored to be one of the most affected teams because of the Covid-19 pandemic. However, the 2021 Emilia Romagna Grand Prix winning team, as per Forbes, had a net worth of $ 640 Million before the pandemic. Wherein $ 327 where generated by revenues and the operational income was reportedly around $1 Million.
Red Bull F1 Owner: Who owns Red Bull Racing?
Dietrich Mateschitz bought the Jaguar racing formula team from Ford in 2004 and renamed it to Red Bull Racing. Subsequently, Red Bull Racing was formed in 2005 and is one of the two teams which are owned by beverage company Red Bull. The other being Scuderia AlphaTauri.
Christian Horner manages Red Bull Racing since his formation. The team raced under the British license in 2005 and 2006, but since 2007 they have raced under an Austrian license.
The founder of Red Bull Racing is owned none other than the above mentioned Austrian Entrepreneur, Dietrich Mateschitz, who has a staggering new worth of $28 Million. He further own the energy drink company, Red Bull which he found on a business tour in Thailand. Mateschitz initiated a business plan along with partner Chalerm Yoovidhya. The latter holds a major share in the energy drink company.
After the global success of the energy drink, Mateschitz stepped his foot in the realm of sports too and claimed rights over various sports teams. The Red Bull Racing owner, owns teams in the arena of football, hockey, NASCAR and F1.
Teams Owned By Red Bull Formula 1 Owner
Talking about Dietrich Mateschitz, he is no ordinary man as he stands as one of the richest entrepreneurs in the world. Moreover in 2004, he also signed deals for A1-Rings, the racing grid, which staged the Austrian Grand Prix. He later renamed it to Red Bull Ring. Apart from Motorsports, Mateschitz owns 4 football clubs- Red Bull Salzburg, New York Red Bulls, RB Leipzig and Red Bull Brasil.
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