Pierre Gasly invests in MotoGP's Tech3 as Guenther Steiner era begins

Alpine F1 driver Pierre Gasly has become a shareholder in the Tech3 MotoGP team, joining a new ownership consortium led by former Haas F1 boss Guenther Steiner. The move makes Gasly the first active Formula 1 driver to invest in a premier motorcycle racing team, signaling a strategic expansion of his portfolio beyond the track.

Why it matters:

This investment bridges two top tiers of global motorsport and highlights a growing trend of cross-series financial involvement by drivers. For Tech3, securing high-profile investors like Gasly and Steiner provides fresh capital, business acumen, and a broader international platform to elevate the team from its traditional satellite status. It reflects the increasing commercialization and interconnectedness of motorsport's business landscape.

The details:

• The investment was made as part of a consortium that took over Tech3 last year, spearheaded by new CEO Guenther Steiner alongside Richard Coleman and IKON Capital.
• Other notable investors have since joined, including Bolt Ventures (led by US sports investor David Blitzer) and Main Street Advisors (founded by Paul Wachter of Fenway Sports Group).
• The group acquired the team from founder Hervé Poncharal, who handed over control at the start of the year, marking a significant shift in the team's structure and ambition.
• Gasly stated his "strong conviction in the strength of the Tech3 brand and the long-term growth of the MotoGP sport," viewing it as a project with "significant untapped potential."
• This is not Gasly's first sports investment; he also holds a stake in French football club FC Versailles.

What's next:

With Steiner's leadership and a syndicate of well-connected investors, Tech3 is positioned to leverage its new financial muscle and global network. The team aims to shed its satellite image and grow into a more competitive and commercially powerful entity within the MotoGP paddock. For Gasly, this move establishes a foothold in the two-wheeled world and diversifies his interests as he continues his F1 career with Alpine.