Red Bull, the beverage company that sponsors high-energy sports ranging from motorcycle racing to cliff diving, has canceled the Red Bull Air Race World Championship after the 2019 European season and axed the October Indianapolis race.
Red Bull issued a statement announcing the series cancellation and thanked “the pilots, their teams, partners, the host cities as well as the Red Bull employees for all they have done to make these enjoyable and memorable events.”
U.S. competitor Michael Goulian posted the news release on social media and fan reaction was swift, with many holding out hope that another company would take over sponsorship and rescue the series, which began in 2003 and presented 90 races. After a three-year hiatus in the race series to restructure from 2011 to 2013, crowds never fully recovered. READ MORE (AOPA)