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dietrich mateschitz

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    Report: Red Bull F1 program could take ball, go home
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    Dietrich Mateschitz, an Austrian billionaire and the man behind the all-encompassing Red Bull brand, had some stern words for Formula One during an interview with an Austrian newspaper. Vienna's Kurier asked what it would take for Red Bull to pull out of F1. Mateschitz's answer was tinged with ...

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    Report: Red Bull's investment in F1 tops $690 million
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    Just how much does it cost to run an F1 team? Budgets differ greatly from championship frontrunners to back-markers, but even in a general sense it's usually hard to say, because F1 budgets are typically closely-guarded secrets. Reports indicate, however, that Red Bull has spent a whopping ...

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    Red Bull reportedly cutting employees fat bonus checks for winning world championships
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    Winning the Formula One World Championship may be motivation enough. But as an added reward, Red Bull chief Dietrich Mateschitz is reportedly giving each of his employees at Red Bull Racing a big fat bonus for having taken home both titles this year. According to reports, each of the 500+ staff ...

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    Wait, What? Red Bull buys back full stake in Toro Rosso
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    Click above for a high-res image
    We wish we could understand how Dietrich Mateschitz thinks, but we just can't. After years of sponsoring F1 teams, the Red Bull chief decides to buy one outright. That wasn't enough, so he buys a second one. Then he sells half of that team to former F1 driver (and ...

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