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Chalerm Yoovidhya (born 1950) is a Thai billionaire businessman and co-owner of Red Bull GmbH. As of 2024, Forbes estimates his family's net worth at US$36 billion, making them the wealthiest in Thailand. [1]
Red Bull formerly owned more than 60 percent of the Sauber Formula One motor racing team, and was the team's main sponsor. However, Red Bull ended its relationship with Sauber at the end of 2001 after the team opted to sign Kimi Räikkönen as one of their drivers for the 2001 season instead of Red Bull protege Enrique Bernoldi. [25]
Mateschitz co-founded Red Bull in the 1980s alongside Thai entrepreneur Chaleo Yoovidhya, owns two F1 teams, Red Bull Ring circuit in Austria.
In 2007, Red Bull established the lower-division Red Bull Brasil team in the city of Campinas, São Paulo. As the plan to reach the Campeonato Brasileiro Série A in 10 years failed, Red Bull became owners of Série B side Clube Atlético Bragantino in March 2019 and renamed the team to Red Bull Bragantino. [24]
His death was confirmed by the championship-leading Red Bull Formula One team. The Styrian-born entrepreneur built a global empire around the energy drink Red Bull and was considered the richest ...
Police examine a damaged Ferrari at the home of the late Red Bull founder Chaleo Yoovidhaya in Bangkok in 2012. Police say then-27-year-old Vorayuth Yoovidhaya hit a police officer with his ...
In 1987, the two launched an export version labelled "Red Bull", for which Chaleo provided the original formula (adapted for Western tastes under Mateschitz's guidance [11]), and Mateschitz the marketing. Each put up US$500,000 for 49 per cent of the Red Bull energy drink franchise, with Chaleo's son, Chalerm, owning the remaining two per cent. [8]
Red Bull Racing, currently competing as Oracle Red Bull Racing and also known simply as Red Bull or RBR, is a Formula One racing team, competing under an Austrian racing licence and based in the United Kingdom. It is one of two Formula One teams owned by conglomerate Red Bull GmbH, the other being RB Formula One Team.