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Category: Dailies

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Italy's Motociclismo magazine is reporting that Paolo Berlusconi, the Prime Minister's brother, has made a €2.9 million offer for Moto Morini, a move that could possibly save the brand. The tiny manufacturer declared bankruptcy back in September, slashing production in the intervening months. If the purchase is accepted by the liquidator, Berlusconi will purchase the brand, its 1200cc v-twin, the manufacturing rights to the bikes and the company's factory; the whole thing. The prominent businessman already owns Garelli, an historic mark that now makes scooters, and is connected to a possible Italian purchase of MV Agusta. If all three companies were combined under Berlusconi's ownership, it would give him a range of bikes running from 50cc scooters to quirky high-performance retros to exotic superbikes, a portfolio rivaling that of the Piaggio Group.

Thanks for the tip, Michael.

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