How Red Bull bought an F1 team for $1, and went on to win 3 titles

Love them or hate them, Red Bull Racing has earned everyone’s respect in recent years, with a brilliant pair of drivers, a genius designer and a determined team principle and staff.

Red Bull rose from the ashes of a disappointing Jaguar Racing team, which it had bought back in 2004 for $1. Yes, the price tag on Jaguar’s F1 team was one US dollar provided that the new owner would invest $400 million in the next three seasons.

We’re not gonna tell you the whole story, because Red Bull themselves have put together a new video, which shows us how it all started in 2005, and how they set a new milestone at the end of 2012.