Red Bull KTM Tech3 is poised to enter a transformative new era, as a consortium led by a prominent motorsport figure secures full ownership of the MotoGP outfit—including its Moto3™ operations. This strategic shift will take full effect in 2026, marking a significant milestone in the team’s evolution.

Under the new leadership structure, Guenther Steiner will take the helm as CEO, while project partner Richard Coleman steps into the role of Team Principal. Founder and current Team Principal Hervé Poncharal will continue to guide Tech3 through the ongoing season before transitioning into a consultancy role. In this capacity, Poncharal will focus on mentoring emerging talent and sharing his decades of invaluable MotoGP experience.

Despite the ownership change, the team will retain its identity as Tech3, continue racing with KTM machinery under existing agreements, and remain headquartered in its long-standing base in Bormes-les-Mimosas, France.

Steiner, renowned for his candid leadership as the founding Team Principal of the Haas F1 Team, began his motorsport journey in rally engineering. Over the past four decades, he has held senior positions at Jaguar Racing and Red Bull Racing, building a reputation as one of the sport’s most seasoned figures. Coleman brings over ten years of world championship-level experience, having made his mark in touring cars and through his own sports management consultancy.

Guenther Steiner: “This is a fantastic opportunity. Tech3 is a great team with a huge amount of potential and an impressive legacy. Hervé’s impact on the team and MotoGP itself cannot be overstated, and we’re honoured to take over and keep building on those foundations. We’re excited to become part of the MotoGP paddock and maximise the potential of the team and the sport as it continues to grow, helping to bring it to new audiences.”

Richard Coleman: “We are approaching this project with humility, recognising the incredible talent and expertise that already exists across the MotoGP paddock, but also with ambition. We’re here to compete, not just participate, on every level, with a real passion for the sport. We want to connect with even more fans and show off the best of MotoGP.”

Founded in 1990, Tech3 is one of the MotoGP paddock’s longest-serving teams. Joining the MotoGP class in 2001 after winning the 2000 250cc title, the team has taken 38 MotoGP podiums and won two MotoGP Grand Prix races to date.

Herve Poncharal: “This is the end of an era, but also the beginning of an exciting one for all of us. I’m very proud of everything we’ve achieved since Tech3 was born, winning MotoGP races and taking so many podiums, as well as what we have built over these decades with all the people we crossed paths with. When Guenther approached me with an interest in the team, it seemed to fall into place as the perfect moment to make this change. I know that Guenther will lead the team with direction, ambition, and integrity – not forgetting that little bit of rock’n’roll spirit it was founded on. Tech3 will be in good hands to help it grow even more in this new era for MotoGP.”

Steiner has been evaluating opportunities in MotoGP for more than two years, driven by a long-standing belief in MotoGP’s strength as a sports entertainment property alongside the potential to evolve Tech3 from a successful racing team into a sports franchise. The mission on arrival is to maximise both – retaining the team’s sporting pedigree whilst beginning a new era at the forefront of fan connection as the sport continues its trajectory of growth. The acquisition transaction will be funded by a group of investors led by IKON Capital.

Carlos Ezpeleta, Chief Sporting Officer: “It’s a pleasure to welcome Guenther to MotoGP. We’re in a great moment for the sport, continuing our trajectory of growth, and poised for that to accelerate even more. Tech3’s legacy speaks for itself, as does Hervé’s contribution to the sport, and this new era is set to build on that even further, so this is an exciting win-win. Although he will still be around as he transitions into a consultant role from next year, we want to thank Hervé for everything he has achieved and contributed to MotoGP, and to give Guenther and Richard a warm welcome to our paddock. We’re excited to work all together.”