Audi close on deal with Ducati

April 12, 2012 – (Motor Sports Newswire) – According to The Detroit News, Volkswagen’s Audi may finalize a deal to buy Italian motorcycle maker Ducati Motor Holding from owner Investindustrial as early as the end of next week, two people familiar with the situation said.

Audi’s review of Ducati’s finances has largely been completed and the two sides are negotiating details of an agreement, said the people, who declined to be identified discussing private matters.

VW Chairman Ferdinand Piech first publicly expressed interest in buying Ducati in April 2008, eventually losing out to current owner Investindustrial. Purchasing Ducati would add a motorcycle maker to VW’s nine brands, which include the Audi, Skoda and Lamborghini auto marques as well as heavy truckmakers Scania AB and MAN SE.

Ducati would complement Audi’s luxury car lineup with products such as the $28,000 Superbike 1199 Panigale S Tricolore.

Audi and Investindustrial declined to comment.