Curious about the relationship between Red Hat and Fedora

I am learning about community-based Linux distros as they are my preferred choice compared to corporate ones. And when I get to Fedora, what I see from the fence is a sofisticated, well-supported OS.

However, seeing that it is sponsored by the Red Hat corporation, the question arises: could Red Hat eventually take control of the project? I suppose the answer comes down to how much weight Red Hat actually has on the development of said distro. From what I know, it has employees dedicated full-time to it.

Let's rephrase the question and say that the Fedora project ditched Red Hat from its development due to some irrepairable decision; how viable would the continuation of the OS development be as compared to, for example, Debian, which is also community-based but, as far as I know, has no such backing from a corporation?

Please, note that, while I am indeed a Debian user, I am not trying in any way to shit on Fedora. I myself am curious to try it out as I have recently arrived to Linux.