Who Owns Red Bull Racing F1 Team

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Who Owns Red Bull Racing F1 Team Red Bull Racing Red Bull GmbH Private conglomerate Red Bull GmbH mostly known for its energy drinks brand caused a stir when it bought Jaguar Racing in 2005 to create an F1 team in its own name

The energy drinks company Red Bull owns Red Bull Racing Austrian billionaire Dietrich Mateschitz who died in 2022 and the late Thai businessman Chaleo Yoovidhya co founded Red Bull in 1984 They are viewed as a junior team for Red Bull s main outfit F1 champion Max Verstappen drove for the team between 2014 and 2016 He bought Jaguar Racing from Ford in 2004 rebranding it as Red Bull Racing The team has been extraordinarily successful under his leadership with multiple constructors championships and some of the most talented drivers gracing its ranks Owner s Name F1 Team Net Worth 1 Dietrich Mateschitz Red Bull Racing 26 9 billion 2

Who Owns Red Bull Racing F1 Team

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Oracle Red Bull Racing and Visa Cash App RB F1 Team Red Bull GmbH As Zak Brown likes to point out Red Bull and VCARB ultimately have the same owner and that is Red Bull GmbH The Honda powered engine cockpits have excelled since time immemorial The team falls among the dominating F1 teams at present The present team principal is Christian Horner while the advisor to the Red Bull GmbH is Helmut Marko Further the technical director of the Red Bull Racing team is Pierre Wache

Honda withdrew from F1 after 2021 but provided technical support for Red Bull s rebranded engines until 2025 Now starting in 2026 Red Bull will use new Ford power units marking Ford s big F1 comeback The Billionaire Owners Behind Red Bull s Success Dietrich Mateschitz was worth an estimated 27 4 billion when he passed away in 2022 making him the 51st richest person in the world See who owns Red Bull now who also owned the Red Bull Formula One racing team died on Saturday Oct 22 Dietrich Mateschitz joint owner of Red Bull GmbH and owner of the Red Bull Racing

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But the F1 Team Brings in Billions for Red Bull s Brand Value While the team itself turns a small profit Red Bull Racing brings in billions for its parent company in branding and exposure Red Bull spends over 300 million per year in F1 just around 3 of its 9 billion in total revenue After founding Red Bull Mateschitz expanded the brand to sponsor and eventually own their own Formula One team called Red Bull Racing among other sports teams which are now owned by the brand Red Bull Racing quickly became one of the most successful teams in the sport having won many titles in its years of racing since the team s debut

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Who Owns Red Bull Racing F1 Team - Oracle Red Bull Racing and Visa Cash App RB F1 Team Red Bull GmbH As Zak Brown likes to point out Red Bull and VCARB ultimately have the same owner and that is Red Bull GmbH