MV Agusta has unveiled in court its plan to get back to financial stability, after seeing cash flow issues reaching a zenith in March 2016. The plan is exactly as it has been previously advertised by MV Agusta CEO Giovanni Castiglioni: MV Agusta will reduce its workforce, produce fewer machines, focus on high-margin models, and seek a freeze on its debts to creditors and suppliers. Whether the Varesini court will accept this plan remains to be seen, it will also require some buy-in from MV Agusta’s creditor and suppliers, who are owed €50 million from MV Agusta. Right now, MV Agusta is working with roughly 200 employees at its Varese factory. Those remaining employees will be focusing their attention on MV Agusta’s more profitable models, namely the company’s four-cylinder platform.
With the news that Bologna is showing its new lightweight project, the Ducati 1299 Superleggera to would-be owners, it shouldn’t surprise us then to see information leaking out about the superbike. Unsurpsingly then, some of the component images and details have leaked out from the Project 1408 microsite, posted to forums by invited guests. These leaked details give us a glimpse as to how Borgo Panigale is going to improve upon its namesake even further, namely through the use of carbon fiber. Before these images surfaced, we know already that the 1299 Superleggera model would pick up where its 1199 counterpart stopped, using carbon fiber instead of magnesium to shave even more weight off the Panigale.
Is there such a thing as an Alien? The provenance of the term is uncertain, though most people believe that…
There are plenty of ways of explaining the results of qualifying at Phillip Island. Lack of setup time in consistent…
