The Latest Breaking News from Dietrich Mateschitz

From the hazy, heady days of tobacco giants to the cryptic crypto currency courtships of recent years, Formula 1 has always relied on sponsorship revenue for a significant slice of the funding required to go racing.

On the Tuesday before Silverstone's British Grand Prix at Silverstone, a handful of media are welcomed into the Jochen Rindt building. It is the location on the Red Bull Campus in Milton Keynes where Red Bull Powertrains and Ford are working away with hundreds of employees on Red Bull's own engine…

He was interviewed for several hours by an independent barrister in London last week, with it understood that the preliminary results of the investigation are now being evaluated by Red Bull pending a final decision from it on what, if any, action needs to be taken.

He was interviewed for several hours by an independent barrister in London last week, with it understood that the preliminary results of the investigation are now being evaluated by Red Bull pending a final decision from it on what, if any, action needs to be taken.

Team principal initially had Bernie Ecclestone’s backing in a sport where his rivals would otherwise have eaten the upstart alive

While its record-breaking campaign to secure a third consecutive F1 title double has seen it secure more of the same success, there have been big changes behind the scenes at a senior level.   

Unusually the latest move follows soon after a four-year extension from 2024 to 2027 that was announced as recently as March.

In this latest Motorsport News by The Hindu, we look at some interesting stats of the 2023 F1 season leading up to Austrian Grand Prix.

However, the rush of excitement he got in the aftermath of that first triumph back at the 2009 Chinese Grand Prix helped drive him and his staff to want to deliver more and more success in F1.