In a surprising move that bridges Formula 1 and MotoGP worlds, former Haas F1 team principal Guenther Steiner has completed a takeover of the Tech3 KTM MotoGP team [1]. This acquisition marks a significant shift in MotoGP team ownership and brings fresh leadership to one of the sport's established satellite teams.
The deal, valued at approximately $23 million [2], represents a major career shift for Steiner, who is best known for his prominent role as team principal at the Haas Formula 1 team. This move into MotoGP ownership demonstrates the increasing crossover between different motorsport disciplines at the management level.
Tech3 KTM has been a significant presence in MotoGP as a satellite team, working closely with KTM Factory Racing to develop talent and compete at the highest level of motorcycle racing. The team has served as a proving ground for upcoming riders and has achieved notable success in its partnership with KTM.
Steiner's acquisition suggests a potential fresh direction for Tech3, bringing his extensive motorsport management experience from Formula 1 to the MotoGP paddock. His reputation for direct leadership and team building could introduce new dynamics to the team's operations.
The timing of this acquisition comes at a crucial point in the MotoGP season, with teams and riders preparing for upcoming races and beginning to plan their strategies for the future. Steiner's involvement could influence Tech3's approach to team development and rider selection for upcoming seasons.
