Cycle News

Cycle News 2024 Issue 30 July 30

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/1524627

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VOLUME ISSUE JULY , P103 Luca Dovesi (left) comes to the American helm at MV Agusta after a stint with Ducati in Thailand and as Head of After Sales & Network Development for KTM in Singapore. PHOTO: RYAN NITZEN M V Agusta has always enjoyed a special reputation in the interna- tional motorcycle industry. The glory years of Giacomo Agostini waltzing his way to title after title in the 1960s brought with it a glamor image money simply can't buy, but the afterburn of Ago's success had long faded by the turn of the century de - spite creating legendary motor- cycles like the 750S of 1970 and the F4 of 1998, among others. MV Agusta has endured quite the ride over the past 15 years. Bought by the late Claudio Cas- tiglioni for the third time in 2010 (purchasing the brand from then-owners Harley-Davidson), and sold to Russian billionaire, Timur Sardarov, in 2019, MV Agusta was a bit of a hot potato when compared to the rela - tive stability of compatriot and archrival, Ducati. That all started to change when rumors of Pierer Mobility AG possibly buying the brand began to surface towards the end of the pandemic. In November 2022, the Austrian giants behind KTM, Husqvarna and GasGas, pur- chased a 25.1 percent stake in MV Agusta. A year later, Pierer Mobility AG stated its intention to acquire a controlling share in MV Agusta with a plan to bring some much- needed security to the brand. RE-ARRIVING IN AMERICA MV Agusta is in the middle of a rebirth under Pierer Mobility AG that the company hopes will transform it into the ultimate luxury two-wheeled brand in the North American market. BY RENNIE SCAYSBROOK

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