Cycle News

Cycle News 2015 Issue 03 January 20

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

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VOL. 52 ISSUE 3 JANUARY 20, 2015 P71 M A R R Y I N G M E R C E D E S G iovanni Castiglioni is the only son of the late Claudio Castiglioni, the man whose love affair with MV Agusta was such that he acquired, sold and repurchased the historic Italian brand no less than three times in the space of 20 years. In the months leading up to his father's sad pass- ing in August 2011, Giovanni took over re- sponsibility for running MV Agusta, assuming the role of President of the family-owned company. A graduate of the London Business School, the thirty-four year old joined MV Agusta in 2002 as Director of Communi- cation after working in the U.S. for a year with the company's then-importer for North America, Eraldo Ferracci. Giovanni had previously owned and run his own fashion business, but with his father's illness, that diversion from the family's core business was sidelined after the opportunity to reac- quire MV Agusta from Harley-Davidson arose in 2009. Harley had pur- chased MV in July 2008 for a reported $109 million, including $70 million in assumed debt. After throwing millions of dollars at its new Italian trophy marque—to clean up the balance sheet and to fund investment in new models and CASTIGLIONI TALKS MERCEDES-BENZ PARTNERSHIP AND THE FUTURE OF MV BY ALAN CATHCART PHOTOGRAPHY BY KEL EDGE, GOLD & GOOSE AND MV AGUSTA

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