Tech3 MotoGP crew proprietor Herve Poncharal has rubbished reviews that his squad has been bought to former Components 1 crew boss Guenther Steiner.
Steiner’s hyperlinks to the Tech3 crew has been ongoing since Might’s British Grand Prix, after the previous Haas F1 boss was noticed on the Silverstone occasion.
Within the ensuing weeks, Poncharal confirmed that talks between himself and Steiner over the latter investing in Tech3 had taken place.
“There are fairly a couple of individuals [interested] from varied locations, from Components 1,” Poncharal stated in early June.
“However there’s a title that’s at all times popping out [in the media], and it’s Gunether Steiner.
“He has plenty of expertise in motorsport. However for the time being, it’s solely discuss and other people explaining to me what their imaginative and prescient is, what they wish to do.
“It might be coming as an investor, as a associate, a minority shareholder, serving to with the sponsorship.
“I even have some proposals to ultimately purchase out Tech3, to run the crew, with me serving to them to do the transition.”
Over the weekend, a report from es.motorsport.com claimed Steiner and the Apex group are actually near finalising a €20 million acquisition of the Tech3 squad.
Italian publication GPOne has now printed a response from Poncharal on these reviews, the place the Frenchman dismisses them as “faux information”.
“That is completely faux information,” he stated.
“We’re speaking, as . However nothing was signed. I’ve by no means made a secret of the truth that discussions are going down.
“However I’m very irritated by these new rumours and hypothesis. I don’t wish to go into that element as a result of there’s no information to report.”
At 68 years previous, it’s thought that paddock stalwart Poncharal is trying to reduce his presence in MotoGP.
Earlier this yr, he stood down as president of IRTA (the worldwide race groups’ affiliation) and was changed by LCR crew boss Lucio Cecchinello.
That was introduced in the course of the British Grand Prix weekend, when rumours of Steiner’s involvement in Tech3 emerged.
The takeover of MotoGP by F1 proprietor Liberty Media has caught the eye of the business and the funding potential the two-wheel sequence could maintain because the US media big’s affect takes maintain.
Final yr, Liberty confirmed that seven-time F1 world champion Lewis Hamilton had expressed curiosity in investing in a MotoGP crew upon information of the corporate’s takeover.
He had additionally been linked to funding in KTM earlier this yr amid its uncertainty stemming from its main monetary disaster.