Red Bull co-founder Dietrich Mateschitz

Dietrich Mateschitz - the co-founder of Red Bull - died last weekend aged 78 after battling a long illness. FAI joins the air sports community in expressing condolences to Mateschitz’s family, friends and colleagues.

The Austrian businessman created the well-known energy drinks company in the 1980s and the brand went on to sponsor many sports teams and events. As a huge fan of motor sports, he purchased a Formula One car racing team in 2004 and went on to enjoy incredible success.