Holding Company Acquires Mercedes-AMG’s Stake In MV Agusta

The 25 per cent stake formerly held by Mercedes-AMG in motorcycle manufacturer MV Agusta has been acquired by MV Holding, the holding company owned by Giovanni Castiglioni and the Sardarov family.

In purchasing this 25 per cent stake in MV Agusta, the holding company now owns 100 per cent of the Italian motorcycle brand.

Ownership of MV Agusta has been like an expensive game of musical chairs over the last decade and a half. In 2004, it was purchased by Proton before being passed on to a Swiss financing company. Shortly after, MV Agusta’s Husqvarna subbrand was sold to BMW and for 12 months, Harley-Davidson acquired a controlling stake in the company. MV Holding then jumped on board.

In 2014, Mercedes-AMG purchased a 25 per cent stake in MV Agusta, potentially in response to Audi’s purchase of Ducati.

Mercedes-AMG announced its intention to sell its MV Agusta stake in July.

PHOTO GALLERY

  • Prefiero Elanonimato

    why?

Audi’s Stillborn RS8 Prototype Shows What An RS Super Limo Could Look Like

Should Audi have built the RS8 super luxury sedan as an absolute pinnacle of the A8 lineup?.

Aston Martin Ready To Step In If Honda Bails On Red Bull

If Honda ever decides to withdraw from Formula 1, Aston Martin will be there to take over.

Autonomous Shuttle Bus Strikes Pedestrian In Vienna

The incident resulted only in minor injuries, yet sufficed so as to halt Austrian trials.

2020 Nissan Juke Is Such A Tease, Debuts September 3 (Update)

Nissan’s funky crossover is growing up for its all-new second-generation that’s coming this fall.

Volvo Recalling 507,000 Cars Globally Over Potential Fire Hazard

Volvo is recalling models produced between 2014 and 2019, packing a 2.0-liter four-cylinder diesel engine.

Is The New Renault Clio All The Small Hatchback You’ll Ever Need?

Good looks, modern, high-tech interior and comfortable ride define the new generation Renault Clio.

Carlos Ghosn Sues Nissan And Mitsubishi Seeking $16.8 Million

Ghosn says his former employers needed to inform him of the accusations before they fired him.

BMW iNext Electric SUV’s Polygonal Steering Wheel Interacts With The Driver Like No Other

The unique shape of the steering wheel has been inspired by motorsport, facilitates access, visibility and much more.

New Cupra Concept Teased Once More As All-Electric Coupe SUV

Cupra says the new electric concept combines styling cues from crossovers, SUVs, and sports coupes.

Facelifted 2020 Audi SQ7 TDI Gets A Nose Job And Massively Updated Interior

Audi will launch it in Europe this month, asking €96,420 for the five-seater in Germany.