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After recently announcing the return of MV Agusta to the Canadian market, MV Agusta’s Canadian distributor Motovan has outed the Italian company’s new Brutale model. While it doe not seem that this model is the 675cc “Brutalina” that Castiglioni hinted at earlier this year, this Brutale instead appears to be an F4 derived street-naked, and is expected to hit the North American markets in mid-summer 2011. With pricing starting at $15,595 CAD, we expect pricing here in the United States to be closer to $14,595.

Likely based off the revised MV Agusta F4, which debuted at EICMA back in 2009, the new Brutale should see a style update to keep the street-naked inline with MV’s current take on the F4. Noticebale from Motovan’s pricing is the new Brutale’s lower price tag amount, which should help move some more units. We expect the new Brutale to have a 920cc displacement, and borrow heavily from the F4’s chassis design and aesthetic.

UPDATE: The MV Agusta F3 has officially broken cover.

Italian news site Il Sole 24 Ore sat down with the new owner of MV Agutsa, Claudio Castiglioni, and asked the Italian perhaps the most pertinent question about his new company: what’s next? Striking to the point of things, Castiglioni says much of MV Agusta’s future will depend on the company’s new three-cylinder motorcycles, which the company hopes to sell 10,000 of during the next model year.

Officially now called the MV Agusta F3, Castiglioni was also forthright on some of the details. Already rumored to be a 675cc three-cylinder powered motorcycle, Castiglioni has confirmed this setup along with the fact that there will be at least two price points, with a base and sport model being available.

Have you ever wanted a 2010 MV Agusta 1099RR, but thought the bike’s 144hp just wasn’t enough umpf for you. Well MV Agusta has you in mind with this “track only” Cannonball Kit that adds 21hp (165hp in total) to the top of the 1099RR’s peak horsepower figure.

Not an actual new bike from MV, the Cannonball Kit features a new ECU, cylinder head, camshafts, valves, and titanium exhaust system, which boosts horsepower on the Brutale 1090RR without sacrificing any of the bike’s down low torque, which remains at 84.81 lbs•ft.

The intention is to make the Brutale 1090RR a track day weapon, however we think most of the kits will find their way onto daily riders…but keep that on the down-low, it’s not exactly street legal.

Most of the internet is still abuzz over the news of Buell’s demise (don’t worry, your friends who read print magazines will hear the news in a month or two), but for the people at MV Agusta, right now is perhaps even more precarious because their future is uncertain. Harley-Davidson’s decision to circle the wagons around the HD brand, meant for MV that they would once again be up for auction to the highest bidder. This timing perhaps comes at the absolute worst moment, as the Italian brand was finally having to come to terms with how it would move forward as a company without Massimo Tamburini inking the designs.

More spy shots for you this week as Motociclismo snapped shots of what appears to be the 2010 MV Agusta Brutale lapping around the Almeria Circuit in Spain.

It looks like both the 989RR and 1078RR were doing their testing duties on the track, and the photos reveal a new trellis frame design, possibly a new motor configuration, along with come other cosmetic changes to the current models.

What do you do with an $18,000 motorcycle that already stands apart from the streetfighter crowd as pure sex being masqueraded around town in two-wheel form? You buy another $7770 kit to make it drip that much more unadulterated lurid appeal, of course.

And, that’s exactly what Yacouba Galle, a french artisan and powersports enthusiast did back in 2007. Well, when MV passed on putting the Bestiale into production, Galle took it upon himself to offer a bolt-on kit for Brutale owners. Follow the jump for more hyperbole, video, and pictures…in that order.