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Report: Ducati Sold to Audi for US$1.13 Billion

Reuters is reporting Audi has reached a deal with Investindustrial to acquire Ducati for a price of 860 million euros (US$1.13 billion). Citing two unnamed sources familiar with the deal, Reuters reports the purchase price includes Ducati‘s debts, estimated by one of those sources at below 200 million euros (US$262.6 million). As previously reported, the deal will be officially announced April 18, ahead of the annual shareholders meeting for Audi’s parent company, the Volkswagen Group.

Ducati to Defend Pikes Peak International Hill Climb Crown [Video]

Ducati North America announced it will return to Colorado to defend its title in the 2012 Pikes Peak International Hill Climb. Ducati riders have won the two previous years in the 1205cc motorcycle class with the Multistrada 1200, and the winning riders will be back with Ducati for 2012. Carlin Dunne, the 2011 1205cc class winner and the Hill Climb’s motorcycle class record holder will be joined by 2010 class winner and six-time overall Pikes Peak winner Greg Tracy to ride Ducati Multistrada 1200s prepped by the Spider Grips team for the July 8 event.

Greg Tracy to Ride Amarok P1A Electric Sportbike for Pikes Peak International Hill Climb

Canada’s Amarok Racing has secured quite a coup in signing six-time Pikes Peak International Hill Climb winner Greg Tracy to ride its P1A electric superbike for the 2013 edition of the event. Tracy has six class victories in the Pikes Peak International Hill Climb, winning in 1996, 1999, 2006, 2008, 2009 and 2010. His victories have come riding motorcycles from several manufacturers: Honda, Yamaha, BMW and, more recently, Ducati.