💨 Abstract

Red Bull has acquired full ownership of Newcastle Falcons, rebranding it as Newcastle Red Bulls. The energy drink company aims to bring its innovative approach to the rugby team, which plays in the Gallagher Premiership. Red Bull already has stakes in several soccer teams and Formula One. Oliver Mintzlaff, Red Bull’s CEO, expressed excitement about elevating rugby and delivering memorable experiences for fans.

Courtesy: WTOP Staff