For the cost of a small waterfront Condo in Miami Moto-Morini was sold at auction
For one million nine hundred thousand euros about $2.8 million dollars. Two Milanese entrepreneurs, Sandro Capotosti, former chairman of Banca Profilo, and Ruggeromassimo Jannuzzelli, former vice president and group Camuzzi. The two are at the head of the new company 'Eagle Bike', created for the occasion. If the court awards them the company it will be the first time I see an Italian brand sell for the cost of a small waterfront condo in Miami.
It's a sad day when Miami foreclosures are worth as much as entire Motorcycle companies. Just saying.....
Let's all thank Silvio Berlusconi for this sad state of events....
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