Moto Morini Auction in 5 days.....
http://blog.cycleworld.com/2011/03/moto-morini-up-for-auction%e2%80%94by-bruno-deprato/
The second life of Moto Morini that started in 2003 has come to a sad end.
On April 10, all that remains of one of the makes that helped create the legend of the Italian light- and middleweight bikes from the 1930s to the ’60s will go to the highest bidder. Moto Morini’s assets have been valued at 5.5 million euros, but bidders will be given the opportunity to bid either for the premises alone, starting at 3.3 million euros, or for the brand and what is still in stock, starting at 2.2 million euros. The lack of credible offers to acquire Moto Morini after it applied for Chapter 11 was the gloomiest aspect of the collapse, a condition that progressively turned into a black hole from which the company was unable to recover.
Chief project engineer Franco Lambertini will say goodbye to his beloved Moto Morini for the second time, having resurrected it with the help of the “other half” of the Morini family. But Lambertini will probably not be able to perform a third miracle, being that he is now 74 years old. Too bad. He poured into Moto Morini all of his passionate dedication and superb competence.
In other News it seems Malaguti Moto and Malaguti spares might separate so even if someone needs parts regardless of what happens to the Malaguti factory my friends at the factory are saying parts will be available. Considering there are over 300,000 Malaguti units on the road in Europe from the 1990s until now there is plenty of market in Italy alone for the spare parts.
Here in Miami we have over $100,000 worth of Malaguti parts in stock, so if US riders, dealers, and collectors should have no problem finding the parts until the situation clears up. The fact that the parts business and the manufacturing side are different entities does help.
For more on Malaguti Moto visit www.Malaguti.com
http://blog.cycleworld.com/2011/03/moto-morini-up-for-auction%e2%80%94by-bruno-deprato/
The second life of Moto Morini that started in 2003 has come to a sad end.
On April 10, all that remains of one of the makes that helped create the legend of the Italian light- and middleweight bikes from the 1930s to the ’60s will go to the highest bidder. Moto Morini’s assets have been valued at 5.5 million euros, but bidders will be given the opportunity to bid either for the premises alone, starting at 3.3 million euros, or for the brand and what is still in stock, starting at 2.2 million euros. The lack of credible offers to acquire Moto Morini after it applied for Chapter 11 was the gloomiest aspect of the collapse, a condition that progressively turned into a black hole from which the company was unable to recover.
Chief project engineer Franco Lambertini will say goodbye to his beloved Moto Morini for the second time, having resurrected it with the help of the “other half” of the Morini family. But Lambertini will probably not be able to perform a third miracle, being that he is now 74 years old. Too bad. He poured into Moto Morini all of his passionate dedication and superb competence.
In other News it seems Malaguti Moto and Malaguti spares might separate so even if someone needs parts regardless of what happens to the Malaguti factory my friends at the factory are saying parts will be available. Considering there are over 300,000 Malaguti units on the road in Europe from the 1990s until now there is plenty of market in Italy alone for the spare parts.
Here in Miami we have over $100,000 worth of Malaguti parts in stock, so if US riders, dealers, and collectors should have no problem finding the parts until the situation clears up. The fact that the parts business and the manufacturing side are different entities does help.
For more on Malaguti Moto visit www.Malaguti.com
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