MV Agusta’s World Superbike team will continue with business as normal despite the factory’s financial problems as it is owned and run by a separate company and not affected.
MV has applied for a ‘concordato di continuità’ which is a protection from creditors and allows the firm to gather itself, re-structure and show the Italian legal system that carrying on in business is in the best interests of its creditors.
The Varese company, which is part owned by Mercdedes-AMG, has seen a 30 per cent growth in the last financial year but hasn’t been able to keep costs down. It is thought that Mercedes-AMG has put together a buy-out plan which could some into effect in the next two months.
Bikesportnews.com contacted Leon Camier at home in Andorra and he confirmed to us the MV Agusta Reparto Corse squad will continue as normal and he will be racing at Aragon next weekend.