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Tech3 MotoGP team boss rubbishes Guenther Steiner sale reports
Tech3 MotoGP team owner Herve Poncharal has denied rumors that the squad has been sold to former Formula 1 team boss Guenther Steiner.
Steiner’s interest in Tech3 has been ongoing since the British Grand Prix in May, with discussions of potential investment taking place between him and Poncharal.
Poncharal confirmed talks with multiple parties, including Steiner, regarding potential investment, partnership, or even ownership of the Tech3 team.
Recent reports claiming a €20 million acquisition of Tech3 by Steiner and the Apex group were dismissed by Poncharal as “fake news.”
The 68-year-old Poncharal is rumored to be looking to scale back his involvement in MotoGP, following his resignation as president of IRTA earlier this year.
The potential investment interest in MotoGP due to Liberty Media’s ownership has attracted attention, with figures like Lewis Hamilton expressing interest in investing in a MotoGP team.
