This happened because Red Bull owner, Dietrich Mateschitz, finally pulled the plug on his Red Bull Air Race CEO, Eric Wolf. Wolf, who retired under duress as a Major General in the Austrian Air Force due to financial improprieties, has lost over $200 million since 2013 running the races. He had little to no experience in promotion of this type of event and was a terrible choice. He finally started bringing people who knew what they were doing in this past year but too little too late. Wolf could not even get the calendar set for the current year much less future years. This failure rests on one person and one person only—Mr. Wolf.