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After torrential rains this weekend, the MV Agusta factory has been flooded by the nearby Lake Varese. The MV Agusta factory sits on the edge of the lake, and the recent weather has brought the waterline to include the Italian company’s R&D, racing, and testing facilities.

Because of the flooding (nearly a meter higher than usual), production has been halted, and the ~100 employees have been sent home. It’s not clear how long the flooding will continue in Varese, though the current weather, and future forecasts, are favorable to the water subsiding.

The first major piece of debris to hit North American soil from the 2011 Tōhoku earthquake and tsunami, there is a happy ending to the story about the Harley-Davidson motorcycle that ended up floating across the Pacific Ocean over the past year after the Japanese natural disaster. Using the VIN and license plate, which were still readable on the motorcycle, Ikuo Yokoyama was ultimately identified as the owner of the Harley-Davidson Softail Night Train, and efforts were put in place to put the motorcyclist back in possession of his Harley-Davidson, but this is where the story gets interesting.

Alex Briggs, Valentino Rossi’s mechanic and A&R super friend, has put together the ultimate Ducati MotoGP experience auction, with all proceeds going towards the disaster relief efforts for the flooding in Australia. Called the worst flood in Australia in the past 50 years, the waters have hit the states of Queensland and Victoria with devastating affect since December 2010 (damages are being estimated in the 10’s of billions of dollars), causing Briggs to want to do something for his home country (most of Rossi’s crew hails from Australia as well).

Bringing his cause before Ducati MotoGP Project Director Alessandro Cicognani, the Marlboro Ducati team has gotten behind Briggs’ desire to help his home country, and has put together an attractive offer to help bring awareness to the floods, and raise some money for the disaster relief effort in the form of an eBay auction that will help raise money for the flood victims. Check after the jump for a full description of the auction details.