Red Bull tycoon re-energizing Formula One
The hills are alive with the sound of motorsport: The Red Bull Ring in Austria.
June 23rd, 2014
12:04 PM ET

Red Bull tycoon re-energizing Formula One

Austrian Red Bull tycoon Dietrich Mateschitz likes to do his talking - and his spending - on the track.

The billionaire made just one low-key public appearance during Sunday’s Austrian Grand Prix. He was finally spotted by eagle-eyed TV cameras on lap 23 of the race, but by that point his Red Bull team’s chances of victory had fizzled out.

Four-time world champion Sebastian Vettel was lagging a lap off the pace and would later retire. Canada race winner Daniel Ricciardo had to settle for eighth after being shunted out of position at the start.

It was probably not the homecoming Red Bull envisaged but for Mateschitz re-energising one of F1’s best-loved tracks may be reward enough. FULL POST

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