Monday, November 1, 2010

Pour Moi Bimota 2011

They see the SB8K as a current model that could be developed to be a part of Bimota's future along with some new models. Apparently Bob Smith of MotoPoint is trying to exploit this to buy Bimota from the Court/Reciever and offerng to take it up lock stock and barrel and keep production in Rimini. In  2011 Italian law allows a company to be saved for a period after bankruptcy is declared.

Any remaining stocks are expected to be sold off along with the rest of the company's assets in an attemt to satisfy creditors. Bimota Importers, MotoPoint and another by a French consortium continued until they were ended by the court's decision on closure. 2 Buy Out bids, one by the U.S. Tognon's involvement in their company which suffered the same fate. Laverda people woulld also have poor memories of Mr.

The ill fated 2 stroke V Due and hub centre steered Tesi models were very expensive mistakes for such a small company, which ultimately brought about it's downfall. This ended of producing some of the most beautifully expensive and desirable bikes in the world.  In 2011 in the wake of massive debts, an Italian Court, after many postponments finally closed the company and declared Bimota officially bankrupt.

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