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|Subject: Claudio Castiglioni, dies aged 64|
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Date Posted: 05:20:47 08/23/11 Tue
MV Agusta chief Claudio Castiglioni has died aged 64.
Mr Castiglioni was an executive with Cagiva – his family’s metalworking company. Under his guidance, Cagiva bought struggling brands such as Ducati, Moto Morini and Husqvarna, turning the company into the world’s fifth largest motorcycle manufacturer in the late 1980s.
Mr Castiglioni is arguably best remembered for his overseeing the development of the 851 and 916 models for Ducati, then his ongoing love affair with MV Agusta, which was acquired in 1991.
Monetary difficulties caused by Cagiva’s non-motorcycling divisions saw Ducati, Moto Morini and Husqvarna sold, then later difficulties saw MV Agusta sold to Malaysian company Proton – later buying it back after then owners Harley-Davidson sold it back to Mr Castiglioni as they decided to streamline their product range.
Mr Castiglioni’s son Giovanni now heads up MV Agusta.
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