IKON Capital, Bolt Ventures, and Main Street Advisors Acquire Red Bull KTM Tech3

January 30, 2026

IKON Capital led an investor group including David Blitzer's Bolt Ventures and Main Street Advisors to acquire Red Bull KTM Tech3, a long-tenured MotoGP team based in France. The new ownership has installed Guenther Steiner as CEO and plans to professionalize Tech3's commercial operations, boost sporting performance, and grow franchise value through increased fan engagement and sponsor activation.

Buyers
IKON Capital, Bolt Ventures, Main Street Advisors, TRAIL SLAM, Pierre Gasly, ALK Capital, Barry English, Tom Stafford, Charles de Carvalho, Richard Cook
Targets
Red Bull KTM Tech3
Sellers
Hervé Poncharal
Location
Provence-Alpes-Côte d'Azur, France
Transaction Type
Buyout

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