Thai authorities plan to revoke the passport of a fugitive heir to the Red Bull energy drink fortune who is wanted on deadly hit-and-run charges.

Thai prosecutors are to ask police to issue an arrest warrant for an heir to the Red Bull fortune if he does not turn up to face charges over an alleged hit-and-run that killed a police officer almost five years ago, officials said.

The billionaire family of the Red Bull energy drink heir accused of killing a policeman in a hit-and-run has struck a deal which will pay the officer’s siblings less than €75,000, police in Thailand said today.

A grandson of the inventor of the Red Bull drink has been arrested accused of killing a Bangkok police officer in a hit-and-run.