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Red Bull

Red Bull

Red Bull GmbH is a privately-held Austrian consumer goods company that produces and distributes energy drinks.

Red Bull GmbH is a privately-held consumer goods company that produces and distributes energy drinks and sodas, including its flagship Red Bull energy drink, and is involved in the media and sports industries. Red Bull was founded by Dietrich Mateschitz and Chaleo Yoovidhya in 1984 and is headquartered in Fuschl am See, Austria.

History

Red Bull GmbH was founded by Austrian businessman Dietrich Mateschitz and Thai businessman Chaleo Yoovidhya in 1984. The pair met in 1982 and Yoovidhya introduced Mateschitz to Thai energy drink Krating Daeng, developed by Yoovidhya's pharmaceutical company during the 1970s, to help to ease his jet lag. Mateschitz and Yoovidhya partnered to bring the drink to European markets and each invested $500,000 into Red Bull GmbH for a 49% share in the company. The remaining 2% stake went to Yoovidhya, and it was agreed that Mateschitz would run the company. Between 1984 and 1987, Mateschitz and Yoovidhya redeveloped the Krating Daeng formula for European tastes and renamed the drink Red Bull. Red Bull launched in Europe in 1987. Red Bull was launched in the United States in 1997 and within one year had 75% of the energy drink market share. In 2001, Red Bull sold its 1 billionth can.

Products

Red Bull produces and distributes the original Red Bull energy drink; Red Bull Sugarfree; Red Bull TotalZero; Red Bull Editions, which are seasonal lines of uniquely flavored Red Bull energy drinks; and ORGANICS by Red Bull, a line of largely caffeine-free organic sodas. In 2020, 7.9 billion cans of Red Bull were sold in over 170 countries worldwide.

In addition to energy drinks and soda, Red Bull has expanded its brand into the media and sports industries. Red Bull Media House is a media company specializing in sports, lifestyle programming, music, and games. Divisions of Red Bull Media House include Red Bull TV, Red Bull Photography, Benevento Publishing, Red Bull Records, its record label launched in 2007, Red Bull Music Publishing, and Red Bull Music Academy, which organizes music workshops and festivals around the world. Red Bull has purchased and re-branded a number of sports teams, including Formula One racing teams Red Bull Racing (formerly Jaguar racing) and Scuderia AlphaTauri, NASCAR Team Red Bull, Austrian football club Red Bull Salzburg (formerly SV Austria Salzburg), FC Liefering, Major League Soccer team Red Bull New York (formerly the MetroStars), Brazilian soccer teams Red Bull Brasil and Red Bull Bragantino (formerly Clube Atlético Bragantino), Austrian Hockey League team Red Bull Salzburg (formerly EC Salzburg, and esports League of Legends team Red Bulls.

Sponsorships

As part of its marketing strategy, Red Bull has sponsored many high-profile competitions, events, athletes, and teams, particularly in extreme sports and motor sports.

Timeline

2008
Organics by Red Bull soda is launched.
2003
Red Bull Sugarfree energy drink is launched.
2001
Red Bull sells one billionth can.
1997
Red Bull energy drink is launched in United States.
April 1, 1987
Red Bull energy drink is launched.
1984
Red Bull GmbH is founded by Dietrich Mateschitz and Chaleo Yoovidhya.
1984
Red Bull was founded by Chaleo Yoovidhya and Dietrich Mateschitz.

Products

Patents

Further Resources

Title
Author
Link
Type
Date

When a Brand Becomes a Publisher: Inside Red Bull's Media House - MediaShift

Dorian Benkoil

Web

November 10, 2014

News

Title
Author
Date
Publisher
Description
Editor
June 20, 2021
PlanetF1
Max Verstappen took a superb victory at the French Grand Prix after passing Lewis Hamilton two laps from the finish.
Lewis Larkam
June 4, 2021
Crash
Sergio Perez kept Red Bull at the top of the timesheets in second practice for Formula 1's Azerbaijan Grand Prix as Mercedes' struggles continued.
F1
May 23, 2021
news.google.com
A cunning piece of strategy from his Red Bull team gave Sergio Perez his joint-best finish this season at the Monaco Grand Prix, with Perez leapfrogging from his P9 starting position to finish P4 at the flag.
May 12, 2021
WebWire
The 10th edition of the famous race stays above the clouds. Austrian adventurer, pilot and athlete Paul Gauschlbauer can't believe come June 20 he'll be competing in Red Bull X-Alps for the sixth time, and again chasing the Eagle across the Alps. "It means I've experienced more than 50 percent of the race's history, which seems crazy somehow," he says. "I have really lived and developed along with that race." Making a tough race tougher The 37-year-old Suunto athlete landed in third...
F1
May 8, 2021
news.google.com
The drivers and teams report back on all the action from a busy final practice and qualifying at the fourth race of the season, the Formula 1 Spanish Grand Prix 2021 from Barcelona...
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References

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