Cycle News

Cycle News 2019 Issue 06 February 12

Cycle News is a weekly magazine that covers all aspects of motorcycling including Supercross, Motocross and MotoGP as well as new motorcycles

Issue link: https://magazine.cyclenews.com/i/1081122

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MV AGUSTA CEO TIMUR SARDAROV PART 1 P78 Interview Our strategy for 2018 was to stabilize everything, from production to the sales network to get back to normal again after so much uncertainty about its long-term existence." and Black Ocean essentially financed the restructuring of MV Agusta after its latest bout of financial uncertainty. Sardarov has had a hands-on role at MV's Varese factory since June 2017, and is now responsible for the overall management of the prestigious manufacturer, winner to date of 270 Grand Prix races, 38 World Riders' Championships, and 37 World Constructors' Championships. The chance to speak with Timur Sardarov after his acquisition of a majority slice of MV Agusta equity revealed his key pointers for the company's future direction. Timur, please bring me up to date on the ownership of this company. Well, I guess I became the captain of the ship at MV Agusta. Our investment company Black Ocean has purchased a majority shareholding in the company, and as a result of this I've become CEO and Chairman of the MV Agusta Group, while Giovanni Castiglioni has been ap- pointed President. It's exciting times, because Gio and I will be working together to restore MV Agusta to its cor- rect place in the motorcycle market. We've completed a capital injection of over 50 million euros in total to strengthen the company's resources, and to underwrite its future business plan. What will be your respective responsibilities? Giovanni's skills are in product, he's an abso- lutely incredible visionary on the design side, whereas my expertise is more in technology, as well as marketing and sales— that's what I'm good at. I know how the tech world works, and one reason I decided to come in to MV two years ago was to work on a new way to sell these bikes, as part of a multi-year effort for developing MV Agusta as a company. I believe my skills are compli- mentary to Gio's, so together we can create an MV Agusta that hasn't existed before— a soundly financed, stable, The Cagiva Elephant will, once again, be in production and will serve as MV's electrically powered cousin.

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