P1racenews AI automatic summary:
New Tech3 owner Guenther Steiner doesn’t think Liberty will copy F1 in MotoGP
Guenther Steiner, the future CEO of Tech3, expressed his belief that Liberty Media will not simply replicate Formula 1’s model in their ownership of MotoGP. Steiner, the former Haas F1 team principal, is set to lead a consortium in a €20 million takeover of Tech3 from Herve Poncharal. This move will see Steiner as CEO and Richard Coleman as team principal starting next year. The acquisition of Tech3 by Steiner’s group follows Liberty Media’s approval to purchase MotoGP earlier this year, marking Liberty’s initial influence in the motorcycle racing world. Steiner, who experienced Liberty’s impact on F1 during his time at Haas, highlighted the importance of MotoGP continuing to chart its own course rather than mimicking F1. He emphasized that there is already a strong foundation in MotoGP for continued success without needing to replicate elements from Formula 1. The shift from F1 to MotoGP has surprised Steiner, particularly in terms of the warm reception he received from the MotoGP paddock compared to the political atmosphere and pressure he experienced in Formula 1.
