Pierre Gasly, an Alpine Formula 1 driver, has joined a group of investors led by Guenther Steiner in acquiring the Tech3 MotoGP team. The acquisition, finalized as part of a €20 million ($23.4 million) deal, was announced last September, with Steiner stepping into the role of CEO at the start of 2026. Gasly’s involvement marks him as the first active F1 driver to invest in a MotoGP team, supporting the continued growth of the sport.
Details of the Tech3 Team Acquisition and Investor Group
The Motorsports investment was led by the US-based IKON Capital, which along with Steiner, disclosed the full consortium behind the purchase on Friday. Alongside Gasly, notable investors include David Blitzer and Main Street Advisors. Gasly’s stake is held through the SLAM/TRAIL investment group, reflecting his commitment to the MotoGP brand and its future potential.
Steiner, former Haas team principal, spearheaded the deal and now serves as Tech3’s CEO development plan from 2026 onward. Tech3 operates out of France and has been competing in MotoGP’s premier class since 2001. Presently, it functions as a satellite team for KTM, the Austrian manufacturer known for competitive motorcycle racing.
Gasly’s Enthusiasm and Vision for Tech3’s Growth
Expressing excitement about his investment, Gasly stated,
“I’m thrilled to have the opportunity to invest in Tech3 alongside SLAM Fund.”
He affirmed his belief in the Tech3 brand’s strength and the sport’s long-term expansion, adding,
“Tech3 has significant untapped potential, and I look forward to contributing to further elevating the team’s profile.”
Guenther Steiner also highlighted the importance of assembling a dedicated group of investors who share a clear vision for the future.
“It’s a very exciting time to be entering MotoGP, and it was important to IKON Capital and me to bring together a group of like-minded investors who share a long-term vision for the Tech3 team,”
said Steiner. He emphasized the group’s commitment to maintaining Tech3’s heritage while adopting a measured approach to growth,
“This is about building on what already works, and I’m looking forward to working together to shape the team’s future.”
Context Within the Broader Motorsport Landscape
The Tech3 acquisition is taking place amid growing interest in expanding MotoGP, especially following Liberty Media’s €4.2 billion acquisition of Dorna Sports, the commercial rights holder of MotoGP, completed last July. Liberty Media, which also owns Formula 1, has underscored its goal of expanding the sport’s presence in North America, a strategy likely to benefit teams like Tech3 in the long term.
With this strategic investment, Gasly not only diversifies his sports involvement but also positions himself at the intersection of the two premier global motorsport championships. As the MotoGP team evolves under new leadership, Gasly’s role as an investor could become influential in shaping Tech3’s competitive and commercial future.
