Motorsports

Owner’s death will not affect Red Bull’s fate in Formula 1

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On Saturday, information was given about the death of Dietrich Mateschitz, the founder of the Red Bull brand, which also owns the Formula 1 team of the same name.

While Mateschitz has closely followed the Bulls’ development in F1, his death should not affect a team that has a long roadmap and can profit from F1 participation.

“Mateschitz is the reason Red Bull is in F1. Without him, there would be no Red Bull and Alpha Tauri teams. I am confident that we will continue to perform in his memory.”

Red Bull boss Christian Horner said: “You can’t ignore his impact on the sport.

Source: Sport UA

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