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Mark Dietrich Mateschitz (German: [ˈmatεˌʃɪt͡s]; born 7 May 1992) is an Austrian billionaire heir who owns 49% of Red Bull GmbH, the energy drink company that was co-founded by his father, Dietrich Mateschitz. In 2024, Forbes estimated Mateschitz' net worth at $39.6 billion, ranking him as the 31st-richest person in the world. [1]
In 2021, Red Bull founded its own power unit division, Red Bull Powertrains, which will begin producing its own power units for the Red Bull-owned teams in 2026 with backing from Ford. Red Bull Racing chief technical officer Adrian Newey has been credited with designing highly-successful cars that are capable of championship contention. [21]
Red Bull released a cola drink, called Simply Cola, in 2008. A new version of the cola was released in 2019, as part of Red Bull's Organics line. In 2018, the company launched Organics by Red Bull, a line of organic sodas with four flavours; bitter lemon, ginger ale, tonic water, and a new version of Red Bull Simply Cola. [54]
Mateschitz co-founded Red Bull in the 1980s alongside Thai entrepreneur Chaleo Yoovidhya, owns two F1 teams, Red Bull Ring circuit in Austria.
Mateschitz was born on 20 May 1944, in Sankt Marein im Mürztal, Styria, Austria, [3] [4] to a family of Slovene-Styrian or Croatian ancestry.His mother's side was from present-day Styria, his father's side was from Maribor (then still part of Styria, but now in Slovenia); [5] [6] some sources place his ancestry in the area of Zadar where he allegedly had relatives and the surname Matešić ...
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.
The Red Bull company said Wednesday the complainant has a right to appeal the decision. The 50-year-old Horner has been the team principal since Red Bull entered F1 as a full constructor in 2005 ...
We also think Red Bull’s overall U.S. operating margin is likely below that of Monster as it self-distributes approximately 60% of its U.S. volumes, making it more sensitive to inflation.