Red Bull Racing: who owns it, who runs it and what the accounts show
Red Bull Technology Limited's person with significant control on the Companies House register is Mark Mateschitz. In the year to December 2024 Red Bull Technology Limited reported turnover of £492m.
- Registered name
- RED BULL TECHNOLOGY LIMITED
- Company number
- 05202976
- Status
- Active
- Incorporated
- 11 August 2004
- Registered office area
- Milton Keynes
- Industry code on the register
- 32990: Other manufacturing
- Accounts
- Group accounts, covering the companies it owns
- Accounts type
- Full group accounts
- Latest accounts
- Year to December 2024, filed 23 September 2025
What does Red Bull Racing do?
Red Bull Technology is the Milton Keynes engineering company that designs and builds the cars raced by the Red Bull Racing Formula One team. The team makes money from its share of Formula One prize money and commercial revenue, sponsorship and backing from its owner, the Austrian energy drinks company Red Bull. Red Bull entered Formula One in 2005 after buying the Jaguar Racing team, which had begun life as Stewart Grand Prix.
In brief: Formula One · car design and engineering · Milton Keynes · owned by Red Bull
Source: Spark Intel editorial, checked 24 September 2026. Official website: redbullracing.com.
Who owns Red Bull Racing?
The Companies House register records Mark Mateschitz as the person with significant control of Red Bull Technology Limited, company number 05202976.
The register names an individual, not a company, as its controller.
The full ownership record is on the Companies House register. Control is given in the bands the register uses, not as exact shareholdings.
Who runs Red Bull Racing?
The Companies House register lists 2 current officers for Red Bull Technology Limited.
All 2 current officers
| Officer | Appointed |
|---|---|
| Alistair David Rew | 31 May 2007 |
| Laurent Philippe Mekies | 28 August 2025 |
Every current officer, with appointment dates, is on the Companies House register.
What did Red Bull Racing file?
Red Bull Technology Limited reported turnover of £492m in the year to December 2024. That was up 10.2% on £446m the year before.
It reported 969 employees. The year before it reported 787.
It filed a pre-tax profit of £19m for the year, against a pre-tax profit of £17m the year before.
Staff costs came to £127m. That is an average of £131,000 a head. It ended the year with £2m at the bank and net assets of £50m.
| Measure | Dec 2024 | Dec 2023 |
|---|---|---|
| Turnover | £492m | £446m |
| Pre-tax profit | £19m (filed) | £17m (filed) |
| Employees | 969 | 787 |
| Staff costs | £127m | £97m |
| Average staff cost per head | £131,000 | £123,000 |
| Bank and cash | £2m | £4m |
| Net assets | £50m | £36m |
| Dividends paid | n/d | £50m |
| Interest paid | £13k | |
| Interest received | £0.3m | |
| Directors' pay | £9m |
Read the accounts to December 2024 on Companies House, where every set of accounts the company has filed can be downloaded as a PDF.
How Red Bull Racing compares
Red Bull Racing files as Red Bull Technology Limited, whose person with significant control is Mark Mateschitz, with turnover of £492m in its latest filed year.
Questions about Red Bull Racing
What does Red Bull Racing do?
Red Bull Technology is the Milton Keynes engineering company that designs and builds the cars raced by the Red Bull Racing Formula One team. The team makes money from its share of Formula One prize money and commercial revenue, sponsorship and backing from its owner, the Austrian energy drinks company Red Bull. Red Bull entered Formula One in 2005 after buying the Jaguar Racing team, which had begun life as Stewart Grand Prix.
Who owns Red Bull Racing?
The Companies House register records Mark Mateschitz as the person with significant control of Red Bull Technology Limited.
How much does Red Bull Racing make?
Red Bull Technology Limited reported turnover of £492m in the year to December 2024. It filed a pre-tax profit of £19m.
How many people work at Red Bull Racing?
Red Bull Technology Limited reported 969 employees in the year to December 2024.
Who runs Red Bull Racing?
The Companies House register lists 2 current officers for Red Bull Technology Limited. The full list, with appointment dates, is on the Companies House register.
- Figures come from Red Bull Technology Limited's filings at Companies House, company number 05202976, for the period shown at the top of the page.
- These are group accounts: they include the companies it owns.
- Pre-tax profit is the figure the company filed, for both years.
- A figure the filing does not disclose is shown as n/d. A zero in the filing is treated as not disclosed, never as nil.
- Rounding: below £0.1m in thousands, from £0.1m to £2m to one decimal place, from £2m to the nearest million.
- Ownership is shown in the control bands the register of people with significant control uses, not as exact shareholdings.
- Officers' names and appointment dates come from the Companies House register. Job titles come from the company's own website. The description of what the company does comes from its website, or is marked Spark Intel editorial where it is written from stable, checked facts, with the date either way.
Spark Intel, “Red Bull Racing: who owns it, who runs it and what the accounts show”, updated 28 September 2026. https://www.spark-intel.co.uk/companies/red-bull-racing/. Figures from Companies House filings for RED BULL TECHNOLOGY LIMITED (05202976).
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