The Fort Worth Press - Verstappen leads tributes to Red Bull founder Mateschitz

USD -
AED 3.672498
AFN 64.498896
ALL 80.819685
AMD 361.12818
ANG 1.789785
AOA 917.000381
ARS 1526.750902
AUD 1.423315
AWG 1.80125
AZN 1.699594
BAM 1.741787
BBD 2.015015
BDT 123.745402
BGN 1.747831
BHD 0.377604
BIF 3000.997453
BMD 1
BND 1.278059
BOB 11.730759
BRL 5.028301
BSD 1.000472
BTN 94.559477
BWP 13.70595
BYN 2.971479
BYR 19600
BZD 2.012094
CAD 1.406545
CDF 2315.999851
CHF 0.825725
CLF 0.024811
CLP 976.49913
CNY 6.67805
CNH 6.675525
COP 3192.79
CRC 455.529135
CUC 1
CUP 24.010794
CVE 98.199695
CZK 21.63385
DJF 178.150632
DKK 6.66144
DOP 61.440772
DZD 134.662028
EGP 54.377015
ERN 15
ETB 163.87083
EUR 0.89118
FJD 2.253802
FKP 0.747587
GBP 0.747345
GEL 2.590236
GGP 0.747587
GHS 11.660299
GIP 0.747587
GMD 73.499938
GNF 8854.987666
GTQ 7.645587
GYD 209.311853
HKD 7.84711
HNL 26.857072
HRK 6.713802
HTG 131.084908
HUF 325.705016
IDR 18036.35
ILS 3.088399
IMP 0.747587
INR 94.41245
IQD 1516.6493
IRR 1832374.999948
ISK 121.249953
JEP 0.747587
JMD 158.780625
JOD 0.708993
JPY 158.136498
KES 129.840126
KGS 87.450123
KHR 4068.146802
KMF 439.499662
KPW 899.999961
KRW 1327.950601
KWD 0.31022
KYD 0.833753
KZT 446.890557
LAK 22518.390538
LBP 89591.044298
LKR 332.14739
LRD 170.580744
LSL 16.412051
LTL 2.95274
LVL 0.60489
LYD 6.419294
MAD 9.819615
MDL 17.998442
MGA 4521.489767
MKD 54.903951
MMK 2099.21541
MNT 3597.533576
MOP 8.085932
MRU 40.128421
MUR 47.289758
MVR 15.460082
MWK 1734.751129
MXN 18.66087
MYR 4.081197
MZN 63.906631
NAD 16.412051
NGN 1332.149805
NIO 36.816372
NOK 9.37735
NPR 151.295341
NZD 1.757855
OMR 0.384502
PAB 1.000481
PEN 3.438421
PGK 4.479652
PHP 63.480996
PKR 276.89823
PLN 3.88389
PYG 5756.677086
QAR 3.647261
RON 4.759496
RSD 104.65099
RUB 81.825408
RWF 1478.615162
SAR 3.748965
SBD 8.07458
SCR 13.83198
SDG 601.509134
SEK 9.90143
SGD 1.27805
SHP 0.7473
SLE 23.919955
SLL 20969.504398
SOS 571.749178
SRD 37.661506
STD 20697.981008
STN 21.819089
SVC 8.754392
SYP 13001.999685
SZL 16.418788
THB 33.614498
TJS 9.214157
TMT 3.51
TND 2.986543
TOP 2.40776
TRY 49.602797
TTD 6.792416
TWD 32.423502
TZS 2644.999727
UAH 45.047334
UGX 4207.076509
UYU 40.164934
UZS 11975.562621
VES 879.788903
VND 25856.5
VUV 119.136032
WST 2.774679
XAF 584.575977
XAG 0.017399
XAU 0.000242255985
XCD 2.702551
XCG 1.803058
XDR 0.707052
XOF 584.575977
XPF 106.20998
YER 236.103383
ZAR 16.397965
ZMK 9001.203567
ZMW 20.069287
ZWL 321.999592
SSP 5787.554334
MXV 2.106372
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Verstappen leads tributes to Red Bull founder Mateschitz
Verstappen leads tributes to Red Bull founder Mateschitz / Photo: © APA/AFP

Verstappen leads tributes to Red Bull founder Mateschitz

Formula One world champion Max Verstappen led the tributes on Sunday to Red Bull founder Dietrich Mateschitz, who turned the energy drink into a worldwide success and pumped money into a title-winning F1 team and several football clubs.

Text size:

Mateschitz died on Saturday at the age of 78 after a long illness, having amassed a fortune estimated by Forbes at $27.4 billion (27.8 billion euros), making him Austria's richest person.

He took a sweet drink that was already popular in Asia for its apparent energy-giving properties and adapted it to Western tastes.

Mateschitz was a savvy marketing man who popularised the Red Bull brand by associating it with sport, investing heavily in Formula One, football and extreme pursuits.

Red Bull now employs 13,000 people in 172 countries with an annual turnover of around eight billion euros. It sells nearly 10 billion cans of the drink a year.

Verstappen, who two weeks ago won his second consecutive world drivers' title at the wheel of a Red Bull car, said he was determined to deliver a strong performance in Sunday's United States Grand Prix as a tribute to Mateschitz.

"It's been hard news for everyone, for Red Bull and for the sport and for me in general, in my career and in my life," the Dutchman said.

"It is a very tough day. We missed out in qualifying by a little bit, but there is a race tomorrow and we'll try to do it for him... we are going to make him proud."

Austrian President Alexander Van der Bellen said Mateschitz had led a "simply breathtaking life".

"Dietrich Mateschitz built up a world-famous and successful company, and we have lost a great supporter of top-class sport and extreme sports," the president tweeted.

- Success in football and F1 -

Apart from its substantial investment in the F1 team, Red Bull bought the football club of the Austrian city of Salzburg in 2005, then in 2009 acquired Leipzig when the German team were languishing in the fifth division.

German law bans the use of a company title in a club's name, so the Leipzig board of directors called their club RasenBallsport Leipzig -- literally "lawn ball sport" Leipzig -- whose initials "RB" mirror those of Red Bull.

From 2016, the club were promoted to the Bundesliga top flight and one season later qualified for the Champions League after finishing second in the table.

The Austrian company also captured the New York MetroStars franchise in the United States in 2006, turning them into the New York Red Bulls.

Red Bull has also branched out into extreme sports, sponsoring events such as air acrobatics and cliff diving.

When Austrian daredevil Felix Baumgartner jumped to earth from a helium balloon in 2012, his suit was plastered with the Red Bull logo.

But it is in Formula One that the company has really made its mark in the world of sport.

The head of the Red Bull F1 team, Christian Horner, said "thankfully" Mateschitz lived to see Verstappen clinch his second title by winning the Japanese Grand Prix earlier this month.

Horner said Mateschitz was "a great man, one of few of a kind" who had "proved you can make a difference. He was a passionate supporter and the backbone of all we do."

Ferrari driver Carlos Sainz secured pole position for the Grand Prix in Austin, Texas, but his thoughts were with his former team.

"I can't be too happy after the loss of Dietrich Mateschitz. My condolences to his family, friends and the entire Red Bull family," Sainz said on Twitter.

Red Bull are currently facing accusations from rival teams that they have cheated by breaching Formula One's cost cap regulations.

The Red Bull drink was born during one of Mateschitz's many business trips as marketing director of a German cosmetics company when he was served a sweet beverage common in Asia in a luxury bar in Hong Kong.

He was immediately fond of it and was impressed by the drink's apparent ability to help him overcome his jet lag.

He decided to partner with the drink's developer Thai businessman Chaleo Yoovidhya and the two men founded Red Bull in 1984.

burs-anb/gj/iwd

T.Dixon--TFWP