Red Bull Founder dies
03-17-2012, 09:59 AM
#1
Le Mans Master
Thread Starter
Red Bull Founder dies
Thai billionaire who founded Red Bull dies at 89By msnbc.com staff and news services
BANGKOK -- The self-made Thai billionaire who created the renowned Red Bull energy drink three decades ago has died, state media in Thailand reported Saturday. He was 89.
Thai state television broadcaster MCOT said that Chaleo Yoovidhya died of natural causes on Saturday. It cited an executive at the Thai Beverage Industry Association.
I wonder if there will be any F1 sponsership fallout over this?
BANGKOK -- The self-made Thai billionaire who created the renowned Red Bull energy drink three decades ago has died, state media in Thailand reported Saturday. He was 89.
Thai state television broadcaster MCOT said that Chaleo Yoovidhya died of natural causes on Saturday. It cited an executive at the Thai Beverage Industry Association.
I wonder if there will be any F1 sponsership fallout over this?
03-17-2012, 12:12 PM
#2
Safety Car
Here:
http://en.wikipedia.org/wiki/Red_bull
Read the first paragraph and then the "History" section.
How things develop over time will depend upon the underlying business structure, the contracts in place, and how the stock shares are apportioned post mortem.
Mateschitz has been the front man and the guy running the world-wide show and he's been making them all a lot of money so sanity would suggest that things stay the way they are. But you never know. Nothing will change for a while, anyway.
Z//
http://en.wikipedia.org/wiki/Red_bull
Read the first paragraph and then the "History" section.
How things develop over time will depend upon the underlying business structure, the contracts in place, and how the stock shares are apportioned post mortem.
Mateschitz has been the front man and the guy running the world-wide show and he's been making them all a lot of money so sanity would suggest that things stay the way they are. But you never know. Nothing will change for a while, anyway.
Z//