Red Bull co-owner Dietrich Mateschitz dies, aged 78, after long-term illness

Team principal Christian Horner hails the founder of the energy drinks company as ‘an incredible man who loved Formula One’

Red Bull co-owner Dietrich Mateschitz has died at the age of 78. The Austrian billionaire, integral in Red Bull’s involvement in Formula One, had been battling a long-term illness.

His death was announced to Red Bull staff ahead of qualifying for Sunday’s United States Grand Prix at the Circuit of Americas in Austin.

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