P1racenews AI automatic summary:
MotoGP’s newest team owner sets out timeline for lofty title ambition
Guenther Steiner, owner of the incoming Tech3 KTM MotoGP team, believes they can compete for a world title within three to five years. Earlier this month, Steiner led a consortium in a €20 million takeover of the Tech3 team. Herve Poncharal will remain as team principal until the end of the year before Steiner takes over as CEO. This takeover demonstrates MotoGP’s growth potential under new owner Liberty Media, attracting interest from F1 names like Max Verstappen in team ownership. Steiner aims to learn in the first year before implementing major changes, highlighting MotoGP’s unique aspect where customer teams can vie for championships. Tech3 has enjoyed two wins under their KTM partnership and Steiner envisions them challenging for a title within the next three to five years.
