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Guenther Steiner Confirms Takeover of Tech3 MotoGP Team at Catalan GP

The deal underscores renewed investor appetite in the series since Liberty Media bought Dorna Sports.

Overview

  • The takeover was announced Friday at the Catalan Grand Prix, confirming a full purchase of Tech3 by a consortium led by Steiner.
  • From 2026 Steiner will become CEO and Richard Coleman will be team principal, with founder Hervé Poncharal leading through 2025 before moving into a consultancy role.
  • Operations remain intact as the team keeps the Tech3 identity, KTM machinery, its French base and staff, with Maverick Viñales and Enea Bastianini retained under existing contracts.
  • The transaction is valued at just under €20 million, with funding led by IKON Capital and the athlete-backed Apex fund reported among the investors.
  • Reporting indicates promoter assurances over Tech3’s grid slots beyond next year and that the purchase also includes the Moto3 outfit, with some terms not disclosed publicly.