After unveiling the MV Agusta F3, the Italian company’s new three-cylinder supersport model, at the 2010 EICMA show with virtually no concrete specifications, MV Agusta has been quiet about its new motorcycle ever since. Expected to arrive as a 2012 model, the wait from unveiling to production has been excruciatingly long for those who fell in love with the F3′s take on Massimo Tamburini’s classic design.

Since its launch, the only progress we’ve seen is Castiglioni’s quoted target price steadily rising, so MV Agusta wants to make sure would-be buyers (and the press) remain intrigued by the model the newly liberated company is counting on for its future profitability. As such, MV Agusta has sent out a press release giving a status update on the 2012 MV Agusta F3, and the news bodes well for Italian motorcycle fans, as it suggests things are ahead of schedule in Varese.

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.

The new MV Agusta F3 is supposed to be unveiled until tomorrow, but you wouldn’t know it by the rate at which information is leaking from the Varese-based company. With more photos showing off the lines of the F3, will also get details on its design and mechanics. We already know the MV Agusta F3 will use a compact three-cylinder design for its supersport inspired 675cc motor. Helping achieve that compact design though is a counter-rotating crankshaft, which when combined with the elongated swingarm, should help keep the front wheel down when on the gas.

MV Agusta is also including a variety of electronics for the F3, with ride-by-wire, traction control, and multiple rider-selectable engine maps being available. The chassis is comprised of steel tubing mated to aluminum side panels, while suspension comes from Marzocchi Forks and Sachs shocks. Photos after the jump.

UPDATE: Photos of the MV Agusta F3 have been posted to Asphalt & Rubber.

After teasing us relentlessly with spy photos of the MV Agusta F3, the Italian company’s three-cylinder supersport finally bares all in this photo. The recently repurchased MV Agusta is pinning high-hopes on the middleweight machine, hoping to attract wouldbe buyers with a low price-point that Claudio Castiglioni said could start as low as €9,000.

While it remains to be seen if Castiglioni can achieve that goal, a higher-spec F3 is also expected to hit the market in the €10,000-€11,000 range, which should have a direct 1:1 price conversion to US dollars if MV Agusta keeps its pricing scheme in place.

MV Agusta is also expected to come out with a smalled Brutale-esque machine that also uses the F3′s three-cylinder power plant. While The MV Agusta F3 is expected to official debut this Tuesday in Milan during the EICMA show, it’s not clear if the “Brutalina” will also debut at the event, or will make an appearance later next year. Click on the photo above and after the jump for 4,000 pixels of F3 goodness, and check out the gallery after the jump.

We should preface right off the bat that this is a photoshop’d render of the much anticipated MV Agusta F3 (that Castiglioni hopes will save MV Agusta), and not an actual image of what the final product will look like. Odd logos and checkered flags aside though (let’s do the time warp again), this photoshop by Russian website Motogonki.ru is a good start to imagining what the F3 will look like when MV Agusta drops the F4 camouflage later this year at Milan.

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.

Autoblog‘s Jeremy Korzeniewski got a chance to talk with MV Agusta USA boss man Larry Ferracci, where the Director of Operations confirmed that MV Agusta is working on a small-displacement motorcycle, saying “a smaller displacement bike is definitely in the plans for MV Agusta in the near-term future.” The news should be somewhat obvious to A&R regulars, as the “F3″, as its been called, three-cylinder prototype has been spotted both on the road and on the track several times now in F4 fairings.

MCN is reporting that the long-rumored MV Agusta three-cylinder, dubbed the MV Agusta F3 by the media (but not likely to be called this by MV), has been put on hold while MV Agusta looks for a new home outside of Harley-Davidson family. MCN goes on to report that the F3′s rumored displacement has been bumped up from 675cc to nearly 800cc.

We’ve already worked out that this is not the cylinder head to the fabled MV Agusta F3, but these latest photos from a track day in Almeriá, Spain, continue to suggest that the Italian company is testing a new bike in sheep’s clothing. Seen here in F4 bodywork, the bike is rumored to sport a 675cc three-cylinder motor. Photos and more after the jump.

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.