Now back in the hands of the Castiglioni family after Harley-Davidson's brief 15-month tenure, Italy's historic MV Agusta trophy brand now boasts a clean balance sheet and is cash-rich for the first time in recent years thank to a $20 million golden goodbye from its American ex-owners.
Now back in the hands of the Castiglioni family after Harley-Davidson’s brief 15-month tenure, Italy’s historic MV Agusta trophy brand now boasts a clean balance sheet and is cash-rich for the first time in recent years thanks to a $20 million golden goodbye from its American ex-owners. MV also added half that amount after clearing out more than 1000 unsold units from its inventory, with reduced overhead thanks to a slashed workforce and more rational operating systems. With the promise of the acclaimed F3 three-cylinder 675cc model on the horizon, it seems that after repeated visits to the last chance saloon that MV Agusta is at last on the right track towards future survival — even prosperity. While the late Claudio Castiglioni’s son Giovanni has taken over the reins of the company, he will be aided as consigliere by Massimo Bordi, the former Ducati chief engineer and general manager. Under their direction, it appears that MV Agusta is very much back in business.
Photo Gallery: 2012 MV Agusta F4RR Corsacorta - Sport Rider Magazine
Photo Gallery: 2012 MV Agusta F4RR Corsacorta - Sport Rider Magazine
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