Assertion: red bull | /r/CapableOf | own the flugtag
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text: Red Bull also owns and conducts the Flugtag ("flight day" in German), a competition where entrants launch themselves off a 10-metre ramp in homemade "flying machines" into a body of water (reminiscent of the Birdman Rally); its own version of the soapbox derby called the Red Bull Soap Box Race which was recently held in Cincinnati, Ohio; the Red Bull Crashed ice, a world tour, in the winter extreme sporting event, ice cross downhill, which involves downhill skating in an urban environment, on a track which includes steep turns and high vertical drops.