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/ Home / Machines / Classics /
Cascina Costa Beauties
MV Agusta Racing Classics
Ray Thursby
10/01/2005
David Gooley
David Gooley

The machines that brought so much glory to Cascina Costa were seldom innovative. Though MV eschewed traditional chain-type final drives for shafts at times, experimented with a 500cc 6-cylinder powerplant, and tried out a flat-four boxer engine toward the end of its racing days, the company was most successful with its simple—albeit superbly conceived—2-, 3-, and 4-cylinder racers. Another key to MV’s success was perseverance; other companies came into racing, stayed for a while, then left. The MVs were there year after year.

Racing, however, could not keep MV healthy. The motorcycle market in the 1950s, ’60s, and ’70s was cyclical. Increasing prosperity in Italy brought a boom in automobile sales and a corresponding slump in the demand for two-wheelers. MV tried hard to accommodate changing times, but even the sportbike boom of the later 1960s and early ’70s—and the introduction of excellent 600 and 750cc models—did not bring in sufficient funds to keep production going.

Count Agusta’s death in 1971 seemed to take the heart out of the company. After an agreement with Bell in the United States to manufacture helicopters, motorcycle production tapered off. The Castiglioni family—which owns Cagiva and Ducati—acquired the rights to build MV Agusta motorcycles in 1992, and has since offered new models under that name. But the last “real” Cascina Costa MV Agusta was built in 1978 and delivered to a customer in 1980.

During the years when MV made the transition from motorcycles to aviation, the surviving racing bikes from the factory’s extensive museum were being stored in a warehouse on the grounds. In 1986, a space shortage prompted the company to offer all remaining bikes and parts for sale. While competing in a French motorcycle race, Jeff Elghanayan saw an ad for the sale and began negotiations to buy everything in a single lot. His attorney, Italian-American Roberto Iannucci, negotiated with MV on his behalf, and eventually consummated a sale. Included in the treasure trove were 12 complete MV racers, plus frames, engines, and other components for six more motorcycles, plus a substantial quantity of spare parts. Elghanayan chose to keep three machines plus spares for himself, and sold the rest.

 
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