German car giant Mercedes has followed Audi’s example and bought a 25 per cent stake in MV Agusta, which will no doubt brighten the day of any World Superbike rider who happens to sign for the Varese factory.
No details have been disclosed of the price to be paid for the stake in MV Agusta Motor. Mercedes-AMG will appoint one member of MV Agusta's board of directors. The partnership is still subject to the approval of the relevant authorities, which is expected to be granted in late November.
"In MV Agusta, we have found the perfect two-wheel partner for Mercedes-AMG. This manufacturer with a long tradition and Mercedes-AMG are connected not only by a long and successful racing history, but also by shared values and goals for the future - allowing the experience of utmost perfection, optimal performance and motorsport technology for the road,” said Tobias Moers, Chief Executive of Mercedes-AMG Gmbh.
“The cooperation with MV Agusta also underscores the importance of AMG as the sports-car and high-performance brand of Mercedes-Benz Cars. The partnership provides us with an entry into a world of additional high-performance enthusiasts."