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Showing posts with label Garelli. Show all posts
Showing posts with label Garelli. Show all posts

Moto Morini Dead? Looks Possible Now...

Yep, the bad news is that it seems the deal between Paolo Berlusconi, his New Garelli company, and Moto Morini has fallen apart. The interested parties are blaming the labor unions for this situation, but we will not know the whole truth until we hear from both sides. As it is now, though, there seems to be little hope that Moto Morini will be able to survive as it is. What will likely happen is a bankruptcy, selling of assets and then someone, possibly Berlusconi, will purchase the rights to the name and start all over again...All we can do is hope that Moto Morini will survive somehow...

http://tinyurl.com/23g72f7

HOPE! Hope for Moto Morini - Berlusconi Buys!

Brother to Italian Prime Minister Silvio, Paolo Berlusconi has purchased Moto Morini and may have just saved it from becoming history. This is great news if Mr. Berlusconi is a fan of the marque's heritage and its desire to build its own engines. The word is that a new business plan - and, hopefully, an emergence from bankruptcy - should be in place by the 2010 EICMA show in Milan. Berlusconi also owns Italian marque Garelli and is in serious talks to take over MV Agusta...the plot thickens...

http://tinyurl.com/y3ykd27