Racing

Rovanperä Extends Rally Finland Lead Despite Puncture Drama

The Rally Finland stages have been a true test of skill and endurance, with drivers battling challenging conditions and unexpected setbacks. This report details the thrilling morning action where Kalle Rovanperä asserted dominance despite facing adversity, while his rivals fought to keep pace amidst the ever-changing weather.

Unwavering Determination: Rovanperä's Command Amidst Chaos

Rovanperä\'s Morning Mastery and Unexpected Challenge

Kalle Rovanperä, the Toyota ace, picked up right where he left off, skillfully conquering three out of four gravel stages in the morning session of Rally Finland. This impressive performance allowed him to stretch his lead over Hyundai's Thierry Neuville from 4.9 seconds overnight to a commanding 14.7 seconds. Remarkably, Rovanperä’s swift times were achieved even as he admitted to not feeling entirely at ease behind the wheel. During the 11th stage (Parkkola 1, 15.51km) in damp conditions, he outpaced Neuville by 3.4 seconds. Subsequently, on stage 12 (Västilä 1, 18.94 km), despite a distracting incident involving his windscreen visor, he was 3.7 seconds quicker than the defending champion, pushing his lead to 12.0 seconds. However, a slow puncture towards the end of stage 13 (Päijälä 1, 20.1 km) momentarily reduced his advantage to 9.3 seconds. Rovanperä downplayed the impact of the puncture, stating it was "not too bad" and a common surprise. He also noted the distraction caused by his lost visor, which significantly altered his vision.

Neuville\'s Persistent Push and Technical Troubles

Thierry Neuville continued to showcase his prowess on Finland’s demanding gravel tracks, a type of terrain not typically his favorite. Early in the day, he was momentarily distracted by a loose wheel nut gun inside his car. Despite this, he proved to be the quickest Hyundai driver across the morning stages. Neuville even managed to win stage 13 following Rovanperä’s puncture. Nevertheless, a persistent rear brake issue, which first appeared the previous day, became more pronounced in the final test of the loop, costing him crucial seconds and impacting his confidence.

The Rest of the Contenders: Shifting Positions and Challenges

Adrien Fourmaux held his ground in the pursuit of a podium finish, concluding the morning loop in third place, just 0.3 seconds adrift of Neuville and 15.0 seconds behind the leader. He significantly widened his gap to Takamoto Katsuta, who held fourth position, by 10.9 seconds. Katsuta expressed frustration over time lost in the initial stage but progressively found his rhythm. Eight-time world champion Sebastian Ogier narrowly avoided a major incident when his GR Yaris’s rear wheel dipped into a ditch on stage 11. Ogier conceded he lacked the necessary commitment to match the front-runners but still advanced to fifth, surpassing his Toyota teammate Sami Pajari by 36.4 seconds. Championship leader Elfyn Evans finished the loop in seventh, 1.4 seconds behind Pajari, while M-Sport’s Martins Sesks led the Ford team in eighth. Josh McErlean and Gregoire Munster rounded out the top ten. Meanwhile, Ott Tänak, who had incurred a five-minute penalty and a suspended 35-point deduction due to a collision with a scrutineer after Friday’s stage seven, climbed from 28th to 22nd. Tänak described the incident as unintentional and offered apologies for the unfortunate occurrence. In the WRC2 category, Roope Korhonen expanded his lead to 7.7 seconds over the 18-time WRC winner, Jari-Matti Latvala. The afternoon promises further excitement as crews prepare to re-tackle the stages, with additional rainfall anticipated.

Steiner's Strategic Move: Acquiring Tech3 MotoGP Team

This report details Guenther Steiner's impending acquisition of the Tech3 MotoGP team, exploring the financial aspects, strategic motivations, and broader implications for the motorsport landscape, particularly in light of recent major industry consolidations.

A New Horizon: Steiner's Bold Entry into MotoGP Leadership

The Imminent Acquisition of Tech3 MotoGP Team

Guenther Steiner, widely recognized for his tenure as team principal for Haas in Formula 1, is reportedly nearing the completion of a deal to purchase the Tech3 MotoGP team. Sources suggest the transaction for the team, established in 1990 by Hervé Poncharal and Guy Coulon, is valued at approximately €20 million.

Tech3's Legacy and MotoGP Journey

Tech3, a team with a rich history, first entered the top tier of motorcycle racing in 2001. Their debut followed a successful period in the 250cc world championship, where they notably secured a title with rider Olivier Jacque. This long-standing presence in the paddock makes Tech3 a respected entity in the MotoGP community.

Shifting Dynamics in Motorsport Ownership

This development signifies a pivotal moment in motorsport, occurring shortly after Liberty Media, the current owners of Formula 1, finalized their substantial €4.3 billion takeover of Dorna, the commercial rights holder for MotoGP. This major consolidation hints at a future where Formula 1 and MotoGP interests may become increasingly interconnected, potentially leading to further cross-discipline investments and collaborations.

Steiner's Influence and Strategic Backing

Steiner's charismatic personality and extensive experience in motorsport, especially amplified by his public profile from the Netflix series Drive to Survive, are expected to be instrumental in this new venture. His bid for Tech3 is reportedly bolstered by significant financial backing from Apex, an investment firm managing assets for numerous professional athletes, including notable figures from Formula 1. Apex's previous high-profile investments, such as a 20% stake in the Alpine F1 team, underscore their strategic interest in motorsport.

Transition and Future Outlook for Tech3

Hervé Poncharal, Tech3's long-time principal, has openly discussed his plans for the team's future, expressing a positive view of Steiner's potential involvement. The transition is anticipated to be gradual, with Steiner assuming operational leadership over time. The deal includes a commitment to retain the existing team personnel, riders, and the team's headquarters in France, ensuring continuity and stability. The acquisition also comes at a crucial time for KTM, Tech3's current prototype supplier, amidst financial restructuring with the intervention of Bajaj. Despite these changes, KTM has affirmed its commitment to MotoGP until 2026, assuring the new Tech3 ownership access to their RC16 bikes for the upcoming seasons.

A New Era of Investment in MotoGP

The current landscape of MotoGP is ripe for investment, with Liberty Media's recent acquisition catalyzing interest from various corporations, investment funds, and wealthy individuals. This burgeoning interest reflects a shifting perception of MotoGP's commercial potential. Past attempts at team acquisitions, such as Andrew Fox's near-purchase of Gresini, highlight the competitive nature of these deals and the strategic considerations involved for team owners navigating this evolving market.

See More

Guenther Steiner Nears Acquisition of Tech3 MotoGP Team

In a significant development within the world of motorcycle racing, former Haas Formula 1 team principal Guenther Steiner is reportedly on the verge of acquiring the Tech3 MotoGP team. This substantial transaction, estimated at more than €20 million, signals a potentially transformative period for the sport, particularly following Liberty Media's recent high-profile purchase of MotoGP promoter Dorna. The move is poised to inject new energy and strategic direction into the Tech3 outfit, which boasts a rich history dating back to its founding in 1990 by Herve Poncharal and Guy Coulon. This acquisition is a testament to the growing convergence and investment interest between the F1 and MotoGP racing circuits, promising a future where cross-promotional opportunities and shared strategic insights could redefine the landscape of global motorsport.

The impending takeover of Tech3 by Guenther Steiner, a figure well-known for his charismatic leadership in Formula 1, represents a strategic pivot in the MotoGP paddock. Sources indicate the agreement for the team, established in 1990 by Hervé Poncharal and Guy Coulon, is valued at over €20 million. This acquisition arrives shortly after Liberty Media's substantial €4.3 billion purchase of Dorna, the commercial rights holder for MotoGP, suggesting a broader strategy to integrate the two premier motorsport series.

Steiner's venture is not a solitary effort. Financial backing largely originates from Apex, an investment management firm that counts prominent professional athletes, including Formula 1 star Lando Norris, among its approximately 100 investors. While other high-profile F1 drivers are understood to have invested through Apex, their identities remain undisclosed. Apex has a track record of strategic investments, notably a 20% stake in the Alpine F1 team, underlining its interest in high-tier motorsport properties.

Hervé Poncharal, Tech3's long-standing team principal, has openly acknowledged discussions with various interested parties regarding the team's ownership, specifically mentioning Steiner on multiple occasions. Poncharal noted Steiner's direct and agreeable nature, coupled with his extensive motorsport experience, making him an ideal candidate to potentially join as an investor, partner, or even a minority shareholder, particularly in attracting new sponsorships.

Regarding the operational continuity of Tech3, there is a clear commitment to retain the existing staff, riders, and the team's headquarters in France. Poncharal is expected to gradually transition his responsibilities to Steiner, allowing the former Haas team principal to immerse himself in the intricacies of managing a MotoGP team. This smooth handover aims to preserve the team's operational stability while introducing fresh leadership and strategic vision.

Steiner's widespread popularity and engaging persona, significantly amplified by his role in the 'Drive to Survive' documentary series, are anticipated to attract a broader audience to MotoGP. This acquisition is particularly timely, as it coincides with a period of uncertainty surrounding KTM's involvement in the championship. KTM, the current supplier of prototypes to Tech3 riders Maverick Viñales and Enea Bastianini, recently navigated a challenging financial phase with substantial investment from Bajaj, an Indian brand that assumed control of KTM with an investment of approximately €800 million. Despite these financial shifts, both Viñales and Bastianini remain under direct contracts with KTM, ensuring their immediate future with the team is secure. KTM has also reaffirmed its commitment to MotoGP until 2026, guaranteeing the new ownership access to RC16 bikes for the upcoming season. However, with all current team contracts with Dorna expiring in 2026, the 2027 season presents a crucial juncture for satellite teams to renegotiate existing agreements or explore new alliances for motorcycle suppliers.

This significant deal reflects a changing perception of MotoGP, especially since Liberty Media's announcement to acquire the series. This heightened interest has led to numerous offers from corporations, investment funds, and affluent individuals seeking to acquire full or partial control of satellite teams. A notable example was last year's near-finalized sale of Gresini to Andrew Fox, the owner of logistics giant Linfox and the Phillip Island circuit, although Nadia Padovani, the widow of the team's founder Fausto Gresini, ultimately decided against the sale. The trend underscores a burgeoning investment landscape within MotoGP, attracting diverse and influential stakeholders.

See More