The China Mail - Verstappen leads tributes to Red Bull founder Mateschitz

USD -
AED 3.672496
AFN 64.000202
ALL 80.906293
AMD 358.057859
ANG 1.789785
AOA 918.00003
ARS 1550.781701
AUD 1.431854
AWG 1.8025
AZN 1.705836
BAM 1.740036
BBD 2.003559
BDT 123.852313
BGN 1.747831
BHD 0.375489
BIF 2986.971974
BMD 1
BND 1.274158
BOB 12.010284
BRL 5.488702
BSD 0.994627
BTN 94.291535
BWP 13.758962
BYN 2.955771
BYR 19600
BZD 2.000463
CAD 1.396899
CDF 2312.501901
CHF 0.81723
CLF 0.024951
CLP 981.999904
CNY 6.680903
CNH 6.67941
COP 3247.87
CRC 451.369275
CUC 1
CUP 23.871582
CVE 98.090062
CZK 21.67665
DJF 177.122067
DKK 6.654245
DOP 59.93942
DZD 135.789296
EGP 55.342098
ERN 15
ETB 163.249788
EUR 0.890299
FJD 2.24775
FKP 0.745268
GBP 0.743006
GEL 2.598106
GGP 0.745268
GHS 11.593068
GIP 0.745268
GMD 73.999861
GNF 8810.408095
GTQ 7.60417
GYD 208.500872
HKD 7.845765
HNL 26.733444
HRK 6.76901
HTG 130.391459
HUF 324.5335
IDR 18139.8
ILS 3.165515
IMP 0.745268
INR 94.836702
IQD 1507.908268
IRR 1883408.50203
ISK 121.259715
JEP 0.745268
JMD 157.767152
JOD 0.709041
JPY 158.058501
KES 129.940004
KGS 87.449898
KHR 4062.751587
KMF 440.999851
KPW 899.999961
KRW 1340.964993
KWD 0.311199
KYD 0.8289
KZT 450.213523
LAK 22401.124415
LBP 89543.21849
LKR 330.928532
LRD 169.096028
LSL 16.579341
LTL 2.95274
LVL 0.60489
LYD 6.382657
MAD 9.775113
MDL 17.99331
MGA 4515.451812
MKD 54.771175
MMK 2099.52083
MNT 3598.087189
MOP 8.038145
MRU 40.373975
MUR 47.059726
MVR 15.455022
MWK 1724.696212
MXN 18.767501
MYR 4.070804
MZN 63.909942
NAD 16.579341
NGN 1343.380255
NIO 36.606575
NOK 9.264765
NPR 150.864442
NZD 1.78471
OMR 0.384492
PAB 0.994823
PEN 3.447319
PGK 4.462633
PHP 63.460053
PKR 275.144822
PLN 3.92885
PYG 5942.170819
QAR 3.625947
RON 4.755101
RSD 104.748008
RUB 81.67462
RWF 1471.080115
SAR 3.762939
SBD 8.051718
SCR 13.890446
SDG 601.510318
SEK 9.75791
SGD 1.279675
SHP 0.745545
SLE 22.910099
SLL 20969.504398
SOS 568.442122
SRD 37.542004
STD 20697.981008
STN 21.797153
SVC 8.703542
SYP 13001.999685
SZL 16.563773
THB 33.713498
TJS 9.14122
TMT 3.51
TND 2.972103
TOP 2.40776
TRY 50.019603
TTD 6.742932
TWD 32.837496
TZS 2646.995027
UAH 45.412048
UGX 4202.39832
UYU 39.987723
UZS 11861.722948
VES 890.036599
VND 25736
VUV 119.472328
WST 2.779309
XAF 583.99803
XAG 0.019433
XAU 0.000249574164
XCD 2.70255
XCG 1.79257
XDR 0.707052
XOF 583.99803
XPF 106.091876
YER 236.174961
ZAR 16.558398
ZMK 9001.196279
ZMW 20.156742
ZWL 321.999592
SSP 5745.96484
MXV 2.112498
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

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

R.Yeung--ThChM