French Alpine F1 driver Pierre Gasly has joined a consortium led by Guenther Steiner to acquire full ownership of the Red Bull KTM Tech3 MotoGP team. This landmark deal, completed recently, involves influential investors including US-based Bolt Ventures and Main Street Advisors and marks the first time a currently competing Formula 1 driver holds a stake in a MotoGP outfit. The move reflects growing integration between the top tiers of motorsport while aligning with MotoGP’s expansion strategy into new global markets.
Consortium Acquisition Brings New Stakeholders and Vision
The takeover of the long-established French satellite team, Tech3, is spearheaded by former Haas F1 team principal Guenther Steiner, now CEO of the consortium. Alongside Steiner, investors such as IKON Capital, David Blitzer’s Bolt Ventures, and Main Street Advisors—known for their association with LeBron James—have joined forces to invest tens of millions of euros in the franchise. This collaborative ownership aims to strengthen Tech3’s position as MotoGP evolves into a more franchise-style competition with heightened commercial and global ambitions.
Tech3’s Future Strategy Under New Ownership
Gasly and the consortium emphasize respect for Tech3’s rich heritage while planning to enhance its marketing reach and commercial strategies ahead of the 2026 MotoGP season. The team is set to benefit from Liberty Media’s increasing focus on expanding MotoGP’s footprint in North America and Asia through its partnership with Dorna, the series’ commercial rights holder. The refreshed ownership envisions Tech3 transforming into a front-running franchise that matches the sport’s worldwide growth trajectory.
“We see strong potential in the Tech3 brand and believe in MotoGP’s long-term upside as its global audience grows.” ?Pierre Gasly, Alpine F1 driver
This historic acquisition not only strengthens the connection between two premier motorsport categories but also signals a new era where cross-disciplinary investments become key to future success. The involvement of a current F1 driver in MotoGP ownership could inspire further collaborations and growth, making the 2026 season a significant milestone for Tech3 and the sport as a whole.
