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 Southwest League of Professional Baseball in 2019. A new ballpark is planned for the suburb of Bellmead. The American Basketball Association had a franchise for part of the 2006 season, the Waco Wranglers. The team played at Reicher Catholic High School and practiced at Texas State Technical College. Previous professional sports franchises in Waco have proven unsuccessful. The Waco Marshals of the National Indoor Football League lasted less than two months amidst a midseason ownership change in 2004. (The team became the beleaguered Cincinnati Marshals the following year.) The Waco Wizards of the now-defunct Western Professional Hockey League fared better,