Guenther Steiner and Investor Group to Acquire Tech3 MotoGP Team

A significant shift in the MotoGP landscape is on the horizon, as former Haas Formula 1 team leader Guenther Steiner, backed by a powerful group of investors, is poised to complete the acquisition of the Tech3 MotoGP team. This strategic move, which has been under negotiation and recently finalized, signifies a new era for the satellite team and is expected to bring heightened attention to the sport.
The formal announcement of this pivotal transaction is scheduled for Friday during a press conference at the Catalan Grand Prix. Steiner himself will be present to mark this occasion, signaling his direct involvement and leadership in the team's future. The consortium of investors, largely originating from the United States, played a crucial role in facilitating this deal, which carries an estimated value of just under €20 million. Notably, the Apex fund, known for managing capital for high-profile athletes and its recent acquisition of a stake in the Alpine F1 team, has been instrumental in this venture. Among its prominent investors is McLaren F1 driver Lando Norris, though other notable figures from the F1 grid have chosen to remain anonymous.
This change of ownership has garnered positive reception from all key stakeholders, including KTM, which is committed to supplying motorcycles to the Tech3 team at least until the close of the 2026 season. Dorna and Liberty Media, now the primary shareholders of the Spanish company, also welcome the transition. Speculation suggests that Steiner has secured assurances from the promoter to safeguard Tech3's two grid positions beyond the upcoming year, ensuring stability and continuity for the team.
Under the new leadership, the team's current rider roster, featuring Maverick Vinales and Enea Bastianini, will be retained, along with the existing staff, and the team's operational base in France will remain. While initial reports indicated some denial from Tech3 co-founder and former owner Herve Poncharal regarding the deal, the impending announcement underscores the prevailing sentiment in motorsport where executive interests often dictate the direction of teams. It is understood that Poncharal will progressively transfer his responsibilities to Steiner, allowing the Italian engineer a smooth transition from the Formula 1 environment to the unique dynamics of MotoGP.
Both Dorna and Liberty Media anticipate that Steiner's charismatic presence and extensive influence will serve as a catalyst for MotoGP's global expansion. His widespread fan following, attributed to his vibrant personality, is seen as a valuable asset for promoting the sport. Indeed, Steiner has already been observed in the Barcelona paddock, indicating his proactive engagement with the MotoGP community. This acquisition promises to inject fresh energy and strategic direction into the Tech3 team, with potential ripple effects across the entire MotoGP series, enhancing its appeal and reach on an international scale.