hehe..since you asked. I heard that there is a group of investors that were trying to buy Benelli but seems the deal was not going down good with a certain someone and he is having a big fight with daddy over it.
Shucks..this sounds like a soap opera. Sorry!!! Someone shoot me now.
I had a conversation with Neil from KJM recently, who had just returned from a factory visit and he informed me that the factory was not being sold, so there must be some investment coming from somewhere as he seemed confident that things would improve very soon!
Its true father and son are fighting. Vittorio has removed Andrea from Benelli.
Unfortunately it was too late. Vittorio should have made that decision back in 02.
Just to make things more interesting. I am filing suite in Europe for damages, with an injunction in the U.S to stop Benelli entering the U.S. Benelli has failed to return our $250.000.00 deposit for the first shipment of motorcycles and scooters that we paid in December 02
Have just spoke to a UK bike journalist who has confirmed that something is definately about to happen, no real details but indications are that the deal is almost done, new tornado almost ready to go into production apparently just waiting for new owner i suppose.
As per todays issue of the reputed Italian news paper "La Republica" (www.repubblica.it/2005/f/motori/ luglio2005/benellivenduta/benellivenduta.html) it seems to be confirmed that Benelli has been bought by another billionaires youngster (25y old Russian Nikolai Smolenski) who owns already the British car company TVR and whose father has an "interesting, Russian business background"... Lets hope Benelli will benefit from it and they take this investment serious and don't turn it from bad to worse.
Thanks for the news TTom.
I heard the same thing today. The people that bought Benelli definitely have the wherewithal to make a really good go at making Benelli what it should be. They have incredible resources from what I heard. I also heard that they already have a new sportbike in the works.
This is really good news for us at Benelliforum as it'll give us a good reason to upgrade the website and get a better forum going ( not that there's anything bad about the one we have now. ).
I'm sure the new owners will need all the help they can get to get Benelli back on the map again.
Let's hope this deal get's off the ground fast.
To Nikolai: good luck from all us here. We're here if you need us.
I assume this new sportbike will be a revamped tornado, probably the 1000cc engine and a few minor improvements, the RS I have only lack a few niceties, the other thing it could be is this new Multistrada type machine, which could prove interesting
Will TVR's boss stay focused on TVR?TVR's owner, Nikolai Smolenski, has bought Italian superbike maker Benelli. Although the acquisition appears to have been cemented some time ago, only recently had news emerged.
Details are still scarce -- it's not even clear if the acquisition was made by Smolenski or TVR -- but the price according to Italian newspaper La Repubblica was €90 million (about £62 million), which sounds like a lot.
Sources close to the factory said that it was very much a personal project of Nikolai Smolenski, owner of TVR. "Nick was very excited by it, and it's why areas of the factory were cleared -- to make Benelli bits", said PistonHeads' source. The source also suggested that the reliability questions that continue to swirl round TVR are very similar to those that that surround Benelli.
The bike company was started in 1911, but its modern reputation was built on machines made in the 1970s. As a company, Benelli appears to have had a rollercoaster ride again similar to TVR's with interruptions to production over the years resulting from financial crises.
It remains to be seen if Smolenski's focus on TVR will be as tight as it has recently been following his latest acquisition, and that issue has already been raised by some TVR owners.
Benelli fans are enthusiastic though. One Benelli biker said in a forum: "That's the best news I've heard for a long time. It looks like the future of Benelli could well be assured in the hands of him if TVR is anything to go by. I don't think us Benelli owners could have hoped for a better result. Well done Nikolai!!!"