Pierre Gasly’s Path Slam funding fund has bought shares within the Tech3 MotoGP staff. His purchase into the squad follows the acquisition of the staff by an funding group led by former Haas F1 staff principal Gunther Steiner final 12 months.
In September 2025, a bunch of traders led by Steiner and IKON Capital took management of the Tech3 staff. This alteration of possession led to the departure of Herve Poncharal, with Steiner now on the helm – though the staff’s operations stay the identical in Bormes-les Mimosas, France.
The staff has now introduced the arrival of a spread of further traders, primarily BoltVentures and Principal Road Advisors. The previous is led by David Blitzer, the primary particular person to carry stakes in groups competing throughout all 5 main American sports activities leagues: NBA, NHL, NFL, MLB, and MLS. The latter is a fund run by Paul Wachter, who manages $8.7 billion in belongings, significantly within the worlds of sport and leisure.
Among the many different traders is the Path Slam fund, of which Gasly is a co-founder. The Alpine F1 driver has due to this fact positioned himself forward of Max Verstappen and Lewis Hamilton, who’ve additionally explored the potential of changing into shareholders in MotoGP groups in latest months.
This isn’t Gasly’s first funding within the sports activities world, as he’s additionally a shareholder within the French soccer membership FC Versailles.
Pol Espargaro, Pink Bull KTM Tech3
Picture by: Tech 3
The opposite traders introduced on Friday embody ALK Capital, Barry English (Penman Holdings), Tom Stafford, Charles de Carvalho, and Richard Cook dinner (Dolphin Capital). The distribution of shares among the many numerous shareholders has not been disclosed.
“It’s a really thrilling time to be getting into MotoGP, and it was necessary to IKON Capital and me to deliver collectively a bunch of like-minded traders who share a long-term imaginative and prescient for the Tech3 staff,” mentioned Steiner, CEO of Pink Bull KTM Tech3. “We’re joined by a robust group that understands motorsport, brings real value-added capabilities, and shares our core values.
“Simply as importantly, we’re dedicated to preserving Tech3’s heritage whereas taking a measured, strategic method to progress. That is about constructing on what already works, and I’m trying ahead to working collectively to form the staff’s future.”
Carlos Ezpeleta, chief sporting officer at MotoGP, was equally enthusiastic concerning the new funding within the KTM squad, suggesting that it was a “sturdy endorsement for MotoGP”.
“We’re excited to welcome the group to the paddock and stay up for working in partnership to deliver the championship to new audiences all over the world,” he concluded.”
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