The acquisition of the Tech3 MotoGP racing team, led by the Ikon Capital investment group, has been completed, with fellow funds Bolt Ventures and Main Street Advisors (MSA) joining the wide-ranging consortium.
Ikon confirmed the acquisition in September 2025, and now Bolt Ventures (the family office of US investor and sports franchise owner David Blitzer) and Main Street Advisors (the wide-ranging sports and commercial business fund) have been added to the ownership mix alongside a swathe of other investors.
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Taking over from former owner Herve Poncharal, this new regime will install Guenther Steiner, long-time team principal in the Formula 1 motor racing category, as the new chief executive of the team, which is known as Red Bull KTM Tech3 for sponsorship reasons.
Ikon says that the new investment from Bolt and MSA will be used to “further professionalize its commercial infrastructure, and build its franchise value through increased brand development, fan engagement, and sponsor activation.”
Tech3 was founded in 1999, and competes in both the elite MotoGP series and the lightweight class Moto3.
Speaking on the investment, Blitzer commented: “MotoGP is well positioned to enjoy the type of meteoric rise we’ve seen with Formula 1, and we’re confident our investment in Tech3 is an investment in the future of motorsports.”
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By GlobalDataBlitzer adds the motorcycling team to an investment portfolio that already includes Crystal Palace of English soccer’s top-tier Premier League, FC Augsburg of Germany's Bundesliga, the New Jersey Devils of the National Hockey League (NHL), and NBA’s Philadelphia 76ers, and North American soccer teams Real Salt Lake (MLS) and Utah Royals (NWSL).
MSA, meanwhile, holds stakes in the likes of MMA promotion PFL, baseball’s Boston Red Sox, Italian soccer heavyweights AC Milan and English giants Liverpool, golf’s PGA Tour, sports-focused e-commerce business Fanatics, and sportswear company Nike.
Paul Wachter, chief executive and founder of MSSA, added: “MotoGP is one of the most compelling investment opportunities in sports today, and we are thrilled to partner with Bolt, Ikon, and Guenther to help write the next chapter of Tech3 and support the evolution of the broader series.
“Our platform, which blends investing, business building, and strategic advisory, is uniquely positioned to help accelerate the growth of Tech3 and MotoGP, and we can’t wait for more people, especially in the US, to be introduced to this exciting sport and its rich history.”
Other investors in Tech3 include Formula 1 driver Pierre Gasly (through the Trail Slam investment fund), private equity group ALK Capital, and influential individual businesspeople Barry English (Penman Holdings), Tom Stafford, Charles de Carvalho, and Richard Cook (Dolphin Capital).
