News Details

Boss denies MotoGP team sale to Steiner as ‘fake news'

Aug.7 Tech3 boss Herve Poncharal has denied reports that he sold his MotoGP team to well-known former F1 team principal Guenther Steiner, calling the speculation 'absolute fake news.' Widespread headlines last week claimed Steiner, 60, would take over Tech3 with backing from US investment group Apex in a deal worth over 20 million euros. But Poncharal told Italian site GPOne.com that no agreement exists. 'They are talking, as you know. But nothing was signed!' he insisted. 'I've never made a secret of the fact that discussions are taking place. But I'm very annoyed by these new rumours and speculations.' While Poncharal admits something is bubbling in the background, he remains in charge...
Full Story »
Share

You May Also Be Interested In...

Steiner set to take over Tech3 MotoGP team

Aug.3 Guenther Steiner is poised to take over the Tech3 MotoGP team,...
3w ago from OneStopStrategy.com

Guenther Steiner poised to take over Tech3 MotoGP team

© XPB  Phillip van Osten 02/08/2025 at 14:1802/08/2025 at 14:29...
3w ago from F1i.com

Axed F1 boss 'set to BUY' grand prix team

A former F1 team boss is getting ready to buy a motorsport team, as he...
3w ago from GPFans.com

Horner's goal is F1 team ownership – Ecclestone

Aug.4 Christian Horner is still coming to terms with his sudden ousting...
3w ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Santino Ferrucci: Alternate aero package needed for...

For this weekend’s IndyCar finale at Nashville Superspeedway, the...

IndyCar partners with iRacing for standalone video...

The NTT IndyCar Series will feature in a new branded video game title,...

Popular On TotalWRC.com

Rovanperä leads, Fourmaux stars in Paraguay

Kalle Rovanperä and Jonne Halttunen took the lead of the inaugural Rally...

Popular On GunnersToday.com

Medical this weekend: Ornstein shares latest on...

Arsenal have now agreed on a deal to sign Piero Hincapie from German club...
4h ago from CaughtOffside.com

Arsenal agree Hincapie deal

Arsenal have agreed a deal with Bayer Leverkusen to sign Piero Hincapie on...
4h ago from SkySports.com

Mikel Arteta backs Eberechi Eze to make impact on...

t;li>‘He’s a player that loves those scenarios and moments’Saka...
4h ago from TheGuardian.com

No excuses for Arteta and Arsenal with new signings...

ee seasons of work from the head coach on the same host body have led in a...
6h ago from TheGuardian.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.