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. He bought the Jaguar F1 team 20 years later and renamed it Red Bull Racing the following season. In 2010, Sebastian Vettel landed Red Bull’s first F1 title before winning four in succession. “It is with great sadness that we learned of Dietrich’s death,” said Red Bull team principal Christian Horner.

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