Big Red (soft drink) from Citigroup Venture Capital and Goldman Sachs. Gary Smith now serves as the Chairman and CEO of Big Red and All Sport, Inc. In 2008 Keurig Dr Pepper purchased a minority interest in Big Red, Inc. Dr Pepper distributes almost 80% of the product that Big Red sells annually. Although the production facility is still in Waco, Texas, Big Red relocated their corporate headquarters to Austin, Texas in 2009. Big Red (soft drink) Big Red is a soft drink created in 1937 by Grover C. Thomsen and R.H. Roark in Waco, Texas and originally known as Sun Tang Red Cream
Waco, Texas lasting into a fourth season before folding in 2000. Both teams played at the Heart O' Texas Coliseum, one of Waco's largest entertainment and sports venues. The Southern Indoor Football League announced that Waco was an expansion market for the 2010 season. It was rumored that they would play in the Heart O' Texas Coliseum. However, the league broke up into three separate leagues, and subsequently a team did not come to Waco in any of the new leagues. Professional baseball first came to Waco in 1889 with the formation of the Waco Tigers, a member of the Texas League.