Cycle News

Cycle News 2016 Issue 46 November 22

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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IN THE WIND P48 LEARNING FROM THE MASTER Graham Jarvis plays Obi-Wan to his young Jedi Padawan Pascal Rauchenecker in this new video from Husqvarna Motorcycles. Jarvis gives his Rockstar Energy teammate a step-by-step tutorial on being a hard enduro icon. Can a five-minute video help elevate your ability to Jarvis' level? Probably not. But watch as Pascal sharpens his skills with some help from "The King of Extreme Enduro." CN MV AGUSTA GE TS RUSSIAN RESCUE CASH M V Agusta has, once again, saved itself from the brink of financial collapse after securing an investment deal with Russian investment group Black Ocean. MV Agusta has been in a world of finan- cial turmoil in the last 18 months, including filing for Chapter 11 bankruptcy in the Italian courts in March of this year to safeguard itself against financial claims by suppliers and contrac- tors. It now appears CEO Giovanni Castiglioni has saved his once glorious brand from the axe yet again through the Black Ocean deal, although no financial details have yet been released. Black Ocean is a private investment firm founded by entrepreneurs Oliver Ripley and Timur Saradov, whose interests include private aviation, real estate and agriculture investments. "I am very pleased that we have reached this agreement with Black Ocean," said Castiglioni. "Beyond the strengthening of our capital, which is important for the future growth of MV Agusta, I strongly believe that Mr. Sardarov, Mr. Ripley and their global team will be able to contribute with their entrepreneurial and managerial skills in the consolidation of MV Augusta as key players in the super premium motorcycle market." CN

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