Red bull - logo, icon, branding

Actually i was a little hesitant to post it. I tried to redesign the Red Bull logo, my version, after i saw their new logo.

What do you think? Does my version look even worse?

And by the way i just uploaded the latest design process video on my YouTube channel: https://www.youtube.com/channel/UCXLM9IIq7RWH5AWECW9Kbrw