Red Bull had finalised its succession plan following the death of Dietrich Mateschitz. Full story: F1
Just a fortnight after Mateschitz passed away, Red Bull has settled on how the company will be controlled going forward.
In a letter that Mateschitz's son Mark sent to Red Bull staff, he explained that a solution"proposed by my father" and"supported by our Thai partners" would be put in place. The latter comment is a reference to the Yoovidhya family of entrepreneurs. Mateschitz Jr. added:"Franz, Alexander and Oliver were our dream team. I am very happy that they will be taking on this task."will fall under the responsibility of Mintzlaff, who counts sponsorship among his new tasks, and Kirchmayr from now on.
Mintzlaff is no stranger to German sports fans. Most recently, he was chairman of the board of the Bundesliga soccer club RB Leipzig e. V. and managing director of RB Leipzig GmbH.
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