By Prof Dr Ian Blackshaw
Dietrich Mateschitz, the Austrian billionaire and co-founder and co-owner of the energy drink, Red Bull, has died aged 78.
He was the owner of the Formula 1 Red Bull racing team, which has become one of the leaders in the sport.
Christian Horner, the Red Bull team principal, remarked:
“It is very, very sad, what a great man.”
And he added:
“What he achieved and what he has done for so many people, around the world in different sports, is second to none.”
Mateschitz was able to see the Red Bull driver, Max Verstappen, win his second consecutive Formula 1 world title when he won the Japanese Grand Prix two weeks ago! The Dutch driver also won the US Grand Prix on 23 October 2022.
It is not expected that the death of Mateschitz will affect the future of the Red Bull Formula 1 team.
Apart from his involvement in Formula 1 and other business ventures, Mateschitz also helped to regenerate his native area of Styria in Austria, and he also set up the charity ‘Wings for Life’ in aid of spinal cord research.