Steiner Tech3 KTM MotogP acquires team

Former Has Formula 1 Team Principal Guenther Steiner has completed its long-handed acquisition of Tech3 Motogp Team With support from a union of investors.

By -out was announced at a press conference Circuit de Barcelona-Catalunya On Friday in Catalan Grand Prix. Autosport returned back in August He was close to finalizing the steinner deal.

Steiners were present for the announcement and will handle the management of the squad from Herway Ponchal in 2026.

Steiners will play the CEO, in which the name of the project partner Richard Coleman is the team principal. The Ponchal will continue to lead the TECH3 through the current campaign and then infection for an advisory role.

The acquisition, valuable by only € 20 million, was smooth by Apex, a fund that manages the capital of several high-profile athletes, including the McLaren F1 driver Lando Noris and many other anonymous grand pricks.

TECH3 has been competing in the major category of motorcycle racing since 2001, initially riding a bike from Yamaha based on a customer. It changed the loyalty in KTM in 2019 and its only satellite team remains.

Under the terms of the agreement, TECH3 will maintain both Maveric Welins And Ineni Bastianini Keeping the team headquarters in France, in its line-up with all the current employees.

It is also widely believed that the steinner has guaranteed Dornna to maintain two grid slots of TECH3 beyond next year. In 2027, the current contracts between the teams and the dearna end up, when the Motogp 850cc engine will turn into rules.

The news of Steiner’s Tech 3 takeover follows the owner of F1 Liberty Media is becoming majority shareholder Motogp promoter in July at Sports.

Under the Liberty Media, the evaluation of the F1 teams has skyrocketed, allegedly with McLaren Racing, Bahrain’s sovereign Dhan Kosh Mumtalakat and Abu Dhabi’s Cyvn Holdings purchased the remaining stake in the squad from other investors this week.

Stanner started his career as a mechanic at a rally before switching to F1 with Jaguar in 2001. He served as his Technical Operations Director in 2005 by Milton Keins Squad after his takeover by Red Bull.

He led the entry of Red Bull in NASCAR next year, but the US-based F1 is the most famous for the creation of the team which later came to be known as Has.

His no-nonsense attitude depicted through Netflix Drive to survive The series, turned it into a domestic name.

Italian was not maintained by Has at the end of its contract in 2023, and has since focused on media work as a pundit and columnist. Acquisition of TECH3 symbolizes its return to motorsport in a managerial capacity.

“This is a great opportunity,” said the steinner. “TECH3 is a great team with large amounts of capacity and an impressive heritage.

“The impact of the herven on the team and the Motogp cannot be eliminated itself, and we are honored for handling and building those foundations.

“We are excited to be part of the Motogp Padock and maximize the ability of the team and the game as it keeps on growing, helps to bring it to the new audience.”