Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Sport
Liam Prenderville

Red Bull announce restructure as Chelsea-linked football CEO oversees F1 operation

Ex-football CEO Oliver Mintzlaff will oversee Red Bull's F1 set-up after a restructure was announced following the death of founder Dietrich Mateschitz.

The Austrian died aged 78 during the weekend of the United States Grand Prix after battling illness with tributes pouring in from across the sport.

Mateschitz had also been CEO of Red Bull, whose F1 team have already claimed the 2022 constructors' championships. His son Mark has confirmed that role has now been split into three separate positions.

And Mintzlaff, who was linked with a role at Premier League side Chelsea recently, will lead corporate projects and new investments, meaning he will oversee all Red Bull sports.

While the F1 giants will come under his remit, Mintzlaff will also oversee football clubs in Austria, Germany and Brazil - including Leipzig where he was previously CEO.

Red Bull's recent constructors' championship success is their fifth since 2002 with Max Verstappen claiming back-to-back titles.

There remains two races in this season - in Brazil and Abu Dhabi - with focus now switching to next season after their cost cap saga came to a conclusion recently.

Max Verstappen with Dietrich Mateschitz in 2018 (Peter Fox/Getty Images)

Team principle Christian Horner insisted things would not change day-to-day for Red Bull with Mateschitz having put in place 'a very strong foundation for the future'.

Mintzlaff will start his new role later this month, having previously dismissed links over a sporting director position with Chelsea following their takeover.

“I’m under contract with Leipzig until 2026, I will fulfil my contract here with great pleasure," he stated. “We still have a lot of plans. Not only on the pitch. I feel comfortable here at Leipzig.”

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.