Audi-Ducati deal could be approved tomorrow for $1.1 billion - report

Four years ago, we reported Volkswagen Chairman Ferdinand Piech wanted to buy a motorcycle company and he regretted not buying Ducati in 1985. Fast forward to today and Piech could be just hours away from getting everything he wants.

According to Reuters, Audi has reached an agreement to purchase Ducati from Investindustrial for $1.1 billion (€837,138,500 / £690,520,600). The deal hasn't been finalized, but Volkswagen's supervisory board will reportedly approve it sometime tomorrow.

If everything pans out, Ducati's future lineup could be expanded to compete with motorcycles made by BMW and Husqvarna.

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Automaker Audi
Article type MotorCycle
Tags audi-ducati, ducati, ducati buyout, ducati sale, volkswagen-ducati, vw-ducati