Why it matters: Herve Poncharal, the Tech3 MotoGP team principal, strongly denied recent rumors that former Haas F1 boss Guenther Steiner is close to buying his team, calling them "fake news." He also playfully suggested Steiner "loves to be the centre of attention."
The context: Speculation arose during the F1 Hungarian Grand Prix weekend, linking Steiner – who departed Haas at the end of the 2023 season – with a return to motorsport through a potential acquisition of the Tech3 MotoGP team. MotoGP was recently acquired by Formula 1 owner Liberty Media.
Poncharal's reaction: Poncharal expressed his annoyance and confusion after receiving a flood of congratulatory messages about the supposed sale. He clarified, "Nothing has changed! We are still talking and we hope we will still find a solution." He confirmed that Tech3 is actively seeking a partner to assist with significant investments required for their 2027-2031 contract but emphasized that no deal has been signed.
He humorously added that Steiner would likely be pleased with the widespread speculation, stating, "It’s more publicity for Guenther than for me, but he loves it! He loves to be the centre of attention." Steiner has not commented on the reports.
What's next: While Tech3 continues its search for a partner, Poncharal reiterated that no immediate announcement is planned, contrary to some rumors suggesting one might occur at the recent MotoGP Austrian Grand Prix. The future ownership or partnership structure of Tech3 remains an open question.