Mateschitz invests another $28 million in Red Bull Ring

Mark Mateschitz is investing approximately $28 million in a new rooftop terrace at the Red Bull Ring, enhancing the venue's facilities as it prepares for a long-term Formula 1 future. The project, which will replace temporary VIP structures, is part of a broader commitment to modernise the circuit ahead of the 2041 agreement.

The rooftop terrace will be about 820 feet long and is expected to be completed before the Austrian Grand Prix scheduled for July 9-11, 2027. This investment follows previous upgrades totalling around $28 million, which included enhancements to the pit complex and nearby hotel, bringing the total recent investment to approximately $57 million.