P1racenews AI automatic summary:
KTM is leaving Tech3 team talks to Herve Poncharal
KTM motorsport boss Pit Beirer clarified that the Austrian brand is not part of the talks between Tech3 and potential investors interested in taking over the MotoGP team. Tech3, a KTM satellite partner since 2019, has seen success with KTM machinery, including two grand prix victories, strengthening their ties with the parent brand. Speculation has circulated about the potential takeover of Tech3, with former Haas F1 team boss Gunther Steiner’s name often mentioned. While there has been interest in the availability of bikes from different parties, Beirer emphasized that KTM is not actively participating in the negotiations at the moment. KTM trusts Herve Poncharal to handle the business side and hopes that the Tech3 team remains stable. Additionally, KTM reaffirmed its long-term partnership with Red Bull amid rumors of a possible switch to Honda in the future.
