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Interesting news from MV Agusta, as the Italian brand has launched a new design studio in the Principality of Monaco, which will operate in addition to the Castiglioni Research Center that is San Marino.

The Monaco Design Studio is an off-shoot of the MV Agusta dealership in Monte-Carlo, which is run by notable Italian motorcycle racer Virginio Ferrari.

The purpose of the Monaco Design Studio is to cater to the über-wealthy that call the principality home, providing them with a boutique and bespoke customizing experience in direct relationship with the Italian factory.

There must have been someone going around the MotoGP paddock many years back, handing out bad financial advice to any rider they could find, because Loris Capirossi is now the second MotoGP rider (that we here at A&R can think of), that’s been slapped with an income tax evasion fine in the past few years.

Capirex, like Valentino Rossi before him, has found himself on the wrong-end of the law, after losing an appeal to his charge of income tax evasion, and accordingly must pay a €2 million fine for his actions.