Summary
- Pierre Gasly has joined a Guenther Steiner-led consortium that has completed its takeover of the Red Bull KTM Tech3 MotoGP team
- The deal brings in heavyweight US investors Bolt Ventures and Main Street Advisors as MotoGP pushes into a more franchise-style, global growth era
- Gasly becomes the first active Formula 1 driver to own a stake in a MotoGP team, signaling deeper crossover between the two premier racing worlds
The Red Bull KTM Tech3 MotoGP team has quietly become one of the most interesting crossover plays in global motorsport. Former Haas F1 boss Guenther Steiner has taken over as CEO, fronting a consortium that includes IKON Capital, David Blitzer’s Bolt Ventures and Main Street Advisors, the investment vehicle long associated with LeBron James. Together they have acquired full ownership of the long-standing French satellite squad, with reports valuing the overall transaction in the tens of millions of euros.
At the cultural center of the move is Alpine F1 driver Pierre Gasly, who has taken a stake in Tech3 via the SLAM/TRAIL investment group and in the process becomes the first active F1 driver to invest in a MotoGP team. Across multiple statements, Gasly has emphasized his belief in the strength of the Tech3 brand and the long-term upside of MotoGP as Liberty Media’s ownership of the series’ commercial rights holder Dorna sparks a fresh push into North America and Asia. For Tech3, the new ownership arrives ahead of the 2026 season with a promise to respect the team’s heritage while dialling up its marketing, commercial strategy and global profile, positioning the orange satellite squad as a potential front-running franchise in MotoGP’s next era.
