Former Haas Formula 1 team principal Günther Steiner has officially completed the acquisition of the Tech3 MotoGP squad.
The deal marks one of the biggest ownership changes in the series in recent years and could play a significant role in opening MotoGP to more investments in the future.
The announcement was made on Friday at the Circuit de Barcelona-Catalunya, ahead of the Catalan Grand Prix, during a press conference staged by MotoGP promoter Dorna.
Steiner, who rose to global recognition during his time leading the Haas F1 project, heads a consortium of American investors led by Apex Capital, a fund that manages investments of high-profile athletes, including several F1 drivers.
The ~€20 million transaction secures Tech3’s future on the MotoGP grid, with guarantees from Dorna ensuring the team’s two entries remain locked in beyond 2027.
Hervé Poncharal, Tech3’s long-time co-founder and team principal, confirmed he will begin a gradual handover process to Steiner, joining his then former team as a consultant for the 2026 season.
Poncharal, who, earlier in the season, had denied that a full sale had been finalized, described Steiner as “a straightforward and good person to work with,” and emphasized that his priority was safeguarding Tech3’s long-term stability.
The new ownership will retain Maverick Viñales and Enea Bastianini as its riders for 2026, along with the existing technical staff.
The team’s French base will also remain unchanged. KTM will continue supplying motorcycles until at least the end of 2026.
Steiner’s arrival has been widely welcomed by Dorna and MotoGP’s new majority shareholder, Liberty Media.
Both parties see his popularity among the F1 fan base – ultimately driven by his breakout role in Netflix’s Drive to Survive – as an opportunity to attract new audiences.
A MotoGP-focused documentary project is already under consideration, with Steiner expected to play a central role.
