Connect with us

Dietrich Mateschitz

Red Bull mogul paying EUR 3m for Salzburgring

Published

on

Red Bull mogul paying EUR 3m for Salzburgring

Red Bull mogul paying EUR 3m for Salzburgring

More details about Dietrich Mateschitz’s latest acquisition have emerged.

Last September, we reported that the Red Bull mogul and billionaire, already the owner of the F1 circuit in Spielberg, is adding another Austrian track to his collection.

“I can confirm that,” said a spokesman for the Salzburgring, a 4.2km circuit east of Salzburg that hosted MotoGP until 1994.

Kronen Zeitung, an Austrian newspaper, now has the details.

Mateschitz, 71, is buying the circuit with his company Distribution and Marketing, of which he is the 100 per cent owner.

“Currently we are still working on the last details of the contract, which is legally very complex,” said a representative of the Salzburg authorities.

Kronen Zeitung said the agreed price is about EUR 3 million.

Comments

Latest Results




Latest F1 News

2018 F16 hours ago

Sirotkin, Wehrlein eye Ferrari role for 2019

Two drivers may be eyeing Daniil Kvyat’s job at Ferrari for 2019. This year, Russian Kvyat was a Ferrari development...

2018 F17 hours ago

“I just wanted to make it better,”- Verstappen

Max Verstappen has revealed that he is prepared to be patient with Honda in 2019. Especially in 2018 as the...

2018 F17 hours ago

Gasly ‘not afraid’ of Verstappen

Pierre Gasly says he is not worried about pairing up with Max Verstappen at Red Bull next year. Gasly replaces...

2018 F17 hours ago

Vettel says new teammate Leclerc ‘a good guy’

Sebastian Vettel insists he is not worried about getting a new Ferrari teammate for 2019. The German has lost his...

2018 F17 hours ago

Mercedes’ Wolff eyes Mick Schumacher

Mercedes boss Toto Wolff has expressed interest in signing up Mick Schumacher. Schumacher, the son of F1 great Michael and...

2018 F13 days ago

Sirotkin sponsor wanted discount for 2019

Sergey Sirotkin should not be too disappointed that his F1 career is over. That is the view of Mika Salo,...

2018 F13 days ago

Hartley thought he had ‘long term contract’

His F1 adventure may be over for now, but Brendon Hartley says his motor racing career is still very much...

2018 F14 days ago

No ‘off season’ for axed F1 driver Vandoorne

There will be no winter ‘off season’ for one 2018 F1 driver. Dropped by McLaren, Stoffel Vandoorne has been snapped...

2018 F14 days ago

Super Formula ‘good training ground for F1’ – Marko

Japan’s Super Formula is now a “good training ground” for Red Bull’s future F1 drivers. That is the view of...

2018 F14 days ago

Departing Ericsson says F1 ‘artificial’

Marcus Ericsson has departed F1 by saying the category is “a bit artificial”. The Swede drove in F1 for Caterham...




Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

References
We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media