US EditionFormer F1 Team Boss Steiner Leads Takeover of KTM Tech3 MotoGP Team
Guenther Steiner will lead the Tech3 MotoGP team as CEO from 2026, supported by a consortium including IKON Capital, aiming to evolve the team into a sports franchise.
- On Friday at the Catalan Grand Prix, Guenther Steiner, former Haas Formula 1 team principal, will lead an American-backed consortium to acquire Tech3 MotoGP team from Hervé Poncharal, formalizing the deal at a Montmelo press conference.
- Steiner has been evaluating MotoGP opportunities for more than two years, pursuing the deal to leverage MotoGP's sports entertainment strength and evolve Tech3 into a broader franchise after months of talks with Hervé Poncharal and Apex.
- The deal, valued at just under 20 million, was facilitated by Apex and funded by a group led by IKON Capital, with KTM supplying bikes through next year while Tech3 stays in Bormes-les-Mimosas, France.
- Steiner will assume the role of CEO, with Richard Coleman becoming team principal from next year, while Hervé Poncharal will lead through this year before becoming a consultant.
- The new ownership aims to convert F1 audiences and broaden MotoGP's reach, with Dorna and Liberty Media welcoming Steiner's role in global expansion and securing Tech3's two grid slots beyond next year.
22 Articles
22 Articles
The team that operates in the MotoGP and Moto3 championships, has been bought by a consortium of investors with Italian leader Günther Steiner, former manager of the Formula 1 Haas team, announced Friday the MotoGP
Former F1 team boss Steiner leads takeover of KTM Tech3 MotoGP team
Steiner will assume the role of CEO while project partner Richard Coleman will become the team principal of one of the MotoGP paddock’s longest-serving teams. The acquisition will be funded by a group of investors led by IKON Capital.
F1 favourite beats Lewis Hamilton with takeover to help rescue motorsport giants
Former Formula 1 team principal Guenther Steiner has beaten Lewis Hamilton to the punch with the purchase of a MotoGP team. The outspoken fan favourite from Netflix’s Drive to Survive will take over as CEO of Tech3, who have been competing in the top tier of two-wheeled racing since 2002. A delighted Steiner held a press conference at the Catalan Grand Prix to announce his takeoverGetty In doing so, he beats Hamilton to become the first F1 star …
A large page of the history of the Tech3 team was shot this Friday, with the announcement on the sidelines of the Catalonia Grand Prix of the acquisition of the French team by a group of investors led by Guenther Steiner. Founder of the team in 1990, Frenchman Hervé Poncharal (68 years old) is passing on, even though he will retain a role as a consultant and coach of young talents, from next season. Former boss of the Formula 1 Haas team, and tr…
Günther Steiner acquires Tech3 MotoGP team in '€20m' deal - BlackBook Motorsport
Acquisition was financed by Ikon Capital Hervé Poncharal will continue to lead the team until the end of the year Former Haas Formula One team boss Günther Steiner has bought the MotoGP outfit Tech3 in a deal reportedly worth just under €20 million (US$23.5 million). Financed by Ikon Capital, the acquisition will see a consortium led by Steiner assume control of the team, including its Moto3 entry, from the 2026 season. Steiner will take on the …
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