Cycle News

Cycle News Issue 29 July 25, 2017

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/853132

Contents of this Issue

Navigation

Page 38 of 119

ahead of Jonass, followed by Jonass' teammate Jorge Prado Garcia, Husqvarna's Thomas Kjer Olsen and Suzuki's Seewer. A first-lap fall ended Coving- ton's chances for the overall, but he still climbed up to 10th in the moto for a spot on the podium in third. Jonass passed Garcia for the lead early in the race and went on to win, finishing just ahead of Seewer, Yamaha's Benoit Paturel and KTM rider Brian Bo- gers while Garcia slipped back to sixth. Jonass stood on the top step of the podium at the end of the day, joined by Seewer in second and Covington in third. Paturel was fourth overall and Garcia fifth overall. CN MXGP 1. Antonio Cairoli (KTM) 3-1 2. Clement Desalle (Kaw) 2-2 3. Tim Gajser (Hon) 1-4 4. Jeffrey Herlings (KTM) 5-3 5. Gautier Paulin (Hus) 4-5 MX2 1. Pauls Jonass (KTM) 2-1 2. Jeremy Seewer (Suz) 5-2 3. Thomas Covington (Hus) 1-10 4. Benoit Paturel (Yam) 6-3 5. Jorge Prado Garcia (KTM) 3-6 IN THE WIND P38 COMPANIES LINE UP TO BUY DUCATI T he line of possible buyers for Italian manufacturer Ducati just got a little longer, with Italy's Benetton family the latest to express interest in the iconic motorcycle brand. Ducati's parent company, Volkswagen AG, is taking ex- pressions of interest in Ducati as part of a wider asset sell-off to recoup billions of dollars in fines leveled at the Volkswagen Group—Europe's largest carmak- er and one of the largest corpo- rations in the world—following the Diesel-gate scandal of 2015, where the company was found to be cheating on vehicle emis- sions testing. According to a Reuters report published on July 20, the Benet- ton family—which has business interests in a wide range of industries including fashion, transport and hospitality—has valued Ducati at $1.2 billion via the family's investment vehicle, Edizione Holding, after Ducati's 2016 revenues totaled 731 mil- lion euros. The Benetton family might be a romantic place for Ducati to eventually land, but there are plenty of other companies vying for Ducati's hand in financial marriage. The most publicized of which has been Harley-David- son, however, according to the Reuters report, they have pulled out of the race to own Ducati after balking at the valuation, which Reuters sources say has reached $1.4 billion in some buyout funds. There's still U.S. interest in Ducati, with Polaris reported to be keen in picking up the brand after winding down their in-house-owned Victory Mo- torcycles earlier this year. U.S. buyout fund Bain Capital, who PHOTOGRAPHY BY JUAN PABLO ACEVEDO/HUSQVARNA IMAGES American Thomas Covington won the first MX2 moto.

Articles in this issue

Links on this page

Archives of this issue

view archives of Cycle News - Cycle News Issue 29 July 25, 2017