Ducati Motor Holding

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Ducati Motor Holding S.p.A
Type Public (Borsa Italiana:DMH)
Founded 1926
Founder Bruno Cavalieri Ducati
Adriano Ducati
Marcello Ducati
Headquarters Flag of Italy Bologna, Italy
Key people Giampiero Paoli (Chairman)
Gabriele Del Torchio (CEO)
Industry motorcycle manufacturer
Products motorcycles
Revenue 304.7 million (2007)[1]
Net income 13.2 million (2007)[1]
Employees 1,142 (2007)[1]
Subsidiaries Ducati Corse (MotoGP and SBK Superbike racing)
Website www.ducati.com

Ducati Motor Holding S.p.A (Borsa Italiana:DMH) is an Italian motorcycle manufacturer located in Bologna, Italy.

Ducati Mach 1
Ducati Mach 1

From their first post-Second World War bicycle-like low-displacement motorbikes Ducati has gained prominence in motorcycle racing and in the motorcycle industry.

In the 1960s, Ducati earned its place in motorcycling history by producing the then fastest 250 cc road bike available, the Mach 1.[2][3][4] In the 1970s Ducati began producing large-displacement L-twin (i.e. a 90° V-twin) motorcycles and in 1973 released an L-twin with the trademarked desmodromic valve design. In 1985, Cagiva bought Ducati and planned to rebadge Ducati motorcycles with the lesser-known Cagiva name (at least outside of Italy). By the time the purchase was completed, Cagiva kept the "Ducati" name on its motorcycles. In 1996, Texas Pacific Group bought for US$325 million a 51% stake in the company and in 1998, bought the remaining 49% and became the sole owner of Ducati. In 1999, TPG issued an IPO of Ducati stock and renamed the company Ducati Motor Holding SpA. TPG sold over 65% of its shares in Ducati. In December 2005 Ducati returned to Italian ownership with the sale of Texas Pacific's stake (minus one share) to Investindustrial Holdings, the investment fund of Carlo and Andrea Bonomi.

Contents

[edit] Company history

[edit] Ownership

  • (1950 - 1967) Government IRI management years (In 1953 split into Ducati Meccanica, and Ducati Elettronica, now called Ducati Energia SpA)
  • (1967 - 78) Government EFIM management (control over day-to-day factory operations)
(1967 - 73) Headed By Montano
(1973 - 78) Headed by De Eccher
  • (1978 - 85) Subsidiary of state-subsidized VM Group
  • (1985 - 1996) Cagiva Group ownership
  • (1996 - 2005) Texas-Pacific Group ownership and going public
Headed by Federico Minoli, 1996-2001 and who returned for 2003-2007
  • (2005 - present) Investindustrial Holdings: Back in Italian Hands

[edit] Beginnings

In 1926, three brothers Adriano, Marcello and Bruno Ducati founded Societa Scientifica Radio Brevetti Ducati in Bologna. The company produced tubes, condensers and other radio components. The cornerstone of a new factory in Borgo Panigale was laid in 1935. During the war, the factory was a target for Allied bombing. Although badly hit more than once, production was maintained. About this time Aldo Farinelli began working with the small Turinese firm SIATA (Societa Italiana per Applicazioni Tecniche Auto-Aviatorie) with the idea of developing a small engine that could be mounted on a bicycle. The noise of the engine's short stubby exhaust inspired the name "Cucciolo" (Italian: "little puppy"). Barely one month after the official liberation of Italy, SIATA announced their intention to sell Cucciolo engines to the public; it was the first new automotive design to appear in postwar Europe. The first Cucciolos were available only as a motor to be attached by the owner to a normal bicycle. Some businessmen bought the little engines in quantity, installed them in frames and offered these complete units for sale.

By 1950, with 200,000 Cucciolos already sold, Ducati finally offered its own complete motorcycle based on the successful little pushrod engine. The collaboration with SIATA resulted in a well designed little 60 cc bike. This first Ducati motorcycle weighed 98 pounds and had a top speed of 40 mph (64 km/h). Its 15 mm carburetor gave a little under 200 mpg (85 km/L). In the 1950s, Ducati officially dropped the "Cucciolo" name, replacing it with "55M" or "65TL".

The market was moving towards bigger motorcycles though, and Ducati's IRI management felt diversification was the only answer. Ducati made an impression at the early 1952 Milan Show, introducing the Ducati 65 TS cycle and the Cruiser, a four-stroke motor scooter. Despite being described as the most interesting new machine at the 1952 show, the Cruiser was not a great success. A couple thousand were made over a two year period before being withdrawn from production.

In 1953, management decided to split the operation into two separate entities, Ducati Meccanica SpA, and Ducati Elettronica, under separate management. (Ducati Elettronica became Ducati Energia SpA in the eighties.)

Dr. Giuseppe Montano took over as head of Ducati Meccanica SpA and the old Borgo Panigale factory was modernized with government assistance. By 1954, Ducati Meccanica SpA was producing 120 bikes a day, but cheap cars were entering the market, and sales for many motorcycle manufacturers would decline.

From the 1960s to the 1990s the Spanish company MotoTrans licensed Ducati engines and produced motorcycles that were recognizably Ducati derived, although incorporating many subtle differences. MotoTrans' most notable machine was the 250 cc 24 Horas (Spanish: 24 hours), a 285 cc version that won the Barcelona twenty-four hour race at the Montjuic circuit for three consecutive years, 1956 to 1958.

[edit] Motorcycle designs

Ducati is best known for high performance motorcycles characterized by large capacity four-stroke, 90-degree L-twin[5] engines featuring a desmodromic valve design.[6] Modern Ducatis remain among the dominant performance motorcycles available today partly because of the Desmodromic valve design, which is nearing its 50th year of use. Desmodromic valves are closed with a separate, dedicated cam lobe and lifter instead of the conventional valve springs used in most internal combustion engines. This allows the cams to have a more radical profile, thus opening and closing the valves more quickly without the risk of valve-float which is likely when using a "passive" closing mechanisms under the same conditions.

While most other manufacturers utilize wet-clutches (with the spinning parts bathed in oil)[7] Ducati uses multiplate dry clutches in many of their current motorcycles. The dry clutch eliminates the power loss from oil viscosity drag on the engine even though the engagement may not be as smooth as the oil bath versions, and the clutch plates can wear more rapidly.

[edit] Product history

The chief designer of Ducati motorcycles from the 1950s was the late Fabio Taglioni (1920-2001). He designed most Ducatis during this period, ranging from the small single cylinder machines that were successful in the Italian 'street races' up to the large capacity twins of the 80s. Ducati introduced the Pantah in 1979; its engine was updated in the 1990s in the Ducati SuperSport (SS) series. All modern Ducati engines are derivatives of the Pantah, which uses a toothed belt to actuate the engine's valves. Taglioni used the Cavallino Rampante (identified with the Ferrari brand) on his Ducati motorbikes, Taglioni chose this emblem of courage and daring as a sign of respect and admiration for Francesco Baracca, a heroic World War I fighter pilot that died during an air raid in 1918[8]

[edit] 1950s

Main article: Ducati Singles

[edit] 1960s

Main article: Ducati Apollo

[edit] 1970s

In 1973, Ducati also commemorated its 1972 win at the Imola 200 with the production model green frame Ducati 750 SuperSport.

(In 2006 the retro styled Ducati PaulSmart1000LE, which shares styling cues with the 1973 750 SuperSport (itself a production replica of Paul Smart's 1972 race winning 750 Imola Desmo) was released, as one of a SportClassic series representing the 750 GT, 750 Sport, and 750 SuperSport Ducati motorcycles.)

[edit] 1980s

Ducati's liquid-cooled multi-valve V twins made from 1985 on are known as Quattrovalvole ("four-valve"). These include the 916 and 996, 999 and a few predecessors and derivatives.

[edit] 1990s

In 1993, Miguel Angel Galuzzi introduced the Ducati Monster,[9] a naked bike with exposed trellis and engine. Today the Monster accounts for almost half of the company's worldwide sales. The Monster, which has been out since 1994, has undergone the most changes of any motorcycle that Ducati has ever produced. After more than a decade of manufacturing, Ducati continues to create innovative changes to this classic motorcycle.

In 1993 , Pierre Terblanche , Massimo Bordi and Claudio Domenicali designed the Ducati Supermono . A 550cc single cylinder light weight “Catalog Racer”. Only 67 were built between 1993-1997.

In 1995, the company introduced the Ducati 916 model designed by Massimo Tamburini, a water-cooled version that allowed for higher output levels and a striking new bodywork that featured aggressive lines, underseat exhausts, and a single-sided swingarm. Ducati has since ceased production of what many called the bike of the 1990s, supplanting it with the 749 and 999.

[edit] Current lineup

For the 2008 model year, Ducati lineup is as follows:

Monster
  • 695
  • 696
  • S2R 1000
  • S4R Testastretta
  • S4R S Testastretta
  • S4R S Testastretta Tri-Colore
Multistrada
  • 1100
  • 1100 S
SportClassic
  • GT 1000
  • Sport 1000 monoposto
  • Sport 1000 biposto
  • Sport 1000 S biposto
Superbike
Other
Engines
  • Desmodue: Desmo two valve air cooled, 40° included valve angle, (800SS, Multistrada 620, Monster 620 695 696 803 992)
  • Desmodue Double Spark: Desmo two valve , air cooled, 40° included valve angle, (1000DS, Multistrada 1000, 1000S, Monster S2R 1000, SportClassic GT 1000, Sport 1000, 1000S, Hypermotard 1100, 1100S)
  • Desmotre Double Spark: Desmo three valve, liquid cooled, 40° included valve angle, (ST3)
  • Desmoquattro Testastretta: Desmo four valve, liquid cooled, 25° included valve angle, (999, 749, Monster S4R, S4RS)
Motors introduced for 2007+
  • Testastretta Evoluzione: Desmo four valve, liquid cooled, 25° included valve angle, (848/1098)

[edit] Future

The Ducati MotoGP Team has finished the 2007 testing of the Desmosedici GP8 with World Champion Casey Stoner and his new team mate Marco Melandri. The bike will be officially launched in January 2008.

[edit] Motorcycle design history

Ducati (in its various incarnations) has produced several styles of motorcycle engines, including varying the number of cylinders, type of valve actuation and fuel delivery. Ducati is best known for its "L-Twin" motor which is the powerplant in the majority of Ducati-marqued motorcycles. Ducati has also manufactured engines with one, two, three or four cylinders; operated by pull rod valves and push rod valves; single, double and triple overhead camshafts; two stroke and even at one stage manufactured a stationary diesel engine, many of which were used as emergency pumps (eg for fire fighting). Currently, Ducati makes no other engines except for its motorcycles.

On current Ducati motors except for the Desmosedici, the valves are actuated by a standard valve cam shaft which is rotated by a timing belt driven by the motor directly. The teeth on the belt keep the camshaft drive pulleys indexed. On older Ducati motors, prior to 1981, drive was by solid shaft that transferred to the camshaft through bevel-cut gears. This method of valve actuation was used on many of Ducati's older single cylinder motorcycles - the shaft tube is visible on the outside of the cylinder.

Ducati is also famous for using the desmodromic valve system championed by engineer and designer Fabio Taglioni though they have also used engines that use valve springs to close their valves. In the early days, Ducati reserved the desmodromic valve heads for its higher performance bikes and its race bikes. These valves do not suffer from valve float at high engine speeds, thus a desmodromic engine is capable of far higher revolutions than a similarly configured engine with traditional spring-valve heads.

In the 1960s and -70s Ducati produced a wide range of small two-stroke bikes, mainly sub-100 cc capacities. Large quantities of some models were exported to the U.S.

Ducati has produced the following motorcycle engine types:

  • Single cylinder,
    • bevel actuated, spring valved: 98 cc, 100 cc, 125 cc, 160 cc, 175 cc, 200 cc, 239 cc, 250 cc, 350 cc, 450 cc
    • bevel actuated, desmodromic valved : 239 cc, 250 cc, 350 cc and 450 cc
    • belt actuated, desmodromic valved : 549/572 cc Supermono, only 65 made.
  • Two cylinder,
    • bevel actuated, spring valved (L-Twin): 750 cc, 860 cc
    • bevel actuated, desmo valved (L-Twin): 750 cc, 860 cc
    • chain actuated, spring valved (parallel twin): 350 cc, 500 cc (GTL)
    • chain actuated, desmo valved (parallel twin): 500 cc (500SD)
    • belt actuated, desmo valved (L-Twin): Almost all motors since 1986.
  • Four cylinder,
    • gear actuated, desmo valved (L-quattro): (Desmosedici)
    • bevel actuated, spring valved (L-4): Prototype Apollo, only two made.

[edit] Ducati products other than motorcycles

Ducati Meccanica (as the company was previously known) has its marque on non-motorcycle products as well. In the 1930s and 40s, Ducati manufactured radios, cameras, and electrical products such as a razor. The Ducati Sogno was a half-frame Leica-like camera which is now a very rare collectors' item.

Currently, there are four Ducati companies: Ducati Motor Holding (the subject of this article), Ducati Corse (which runs the Ducati racing program and is wholly owned by Ducati Motor Holding), Ducati Energia, a designer and manufacturer of electrical and electronic components and systems and Ducati Sistemi, a subsidiary of Ducati Energia. All are located in Borgo Panigale in Bologna, Italy.

Ducati Motor Holding often uses electrical components and subsystems from Ducati Energia.

[edit] Merchandising

Like companies like Ferrari, Lamborghini and others, Ducati has a wide range of accessories, lifestyle products and merchandising bearing their logos and designs. One of the more recent tie-ups was with SanDisk.[10]

[edit] Racing History

See also: Ducati Corse

[edit] MotoGP World Championship

Ducati rejoined Grand Prix motorcycle racing in 2003, after a 30 year absence.[11] On September 23, 2007 Casey Stoner clinched his and Ducati's first Grand Prix World Championship.

When Ducati re-joined MotoGP in 2003, MotoGP had changed its rules to allow four-stroke 990 cc engines to race. At the time Ducati was the fastest bike. In 2007, MotoGP reduced the engine size to 800 cc, yet Ducati continued to be the fastest bike. Ducati continued that trend in 2007 with a bike that was markedly faster than its rivals as was displayed by Casey Stoner on tracks with long straights.

For the 2008, Ducati Marlboro Team will campaign their Desmosedici GP8 with Casey Stoner and Marco Melandri.[12] Loris Capirossi who was with the team from 2003 to 2007 will leave Ducati and ride for Suzuki.[13]

Ducati also supplies bikes to Pramac d'Antin which for 2008 has been renamed the Alice Team, who are running the Desmosedici GP8.[14]

Year Champion Motorcycle
2007 Flag of Australia Casey Stoner Ducati Desmosedici GP7

[edit] Superbike World Championship

For 2008, Ducati will race a homologated version of the 1098R. The FIM, the sanctioning body for the Superbike World Championship, has raised the displacement limit for 2 cylinder engines to 1,200 cc.[15] In 2007, Ducati raced their 999F07 which is a homologated racing version of the 999R because maximum displacement for a 2 cylinder engines was limited to 1,000 cc.

The company has won twelve rider's world championships since the championship's inception in 1988. It has been argued that Ducati has amassed more wins than any other manufacturer because the rules are deliberately set to favour their bikes through manufacturer lobbying; this, of course, is a matter of dispute.[16]

Year Champion Motorcycle
1990 Flag of FranceRaymond Roche Ducati 851
1991 Flag of the United StatesDoug Polen Ducati 888
1992 Flag of the United States Doug Polen Ducati 888
1994 Flag of the United KingdomCarl Fogarty Ducati 916
1995 Flag of the United Kingdom Carl Fogarty Ducati 916
1996 Flag of AustraliaTroy Corser Ducati 916
1998 Flag of the United Kingdom Carl Fogarty Ducati 916
1999 Flag of the United Kingdom Carl Fogarty Ducati 996
2001 Flag of AustraliaTroy Bayliss Ducati 996R
2003 Flag of the United KingdomNeil Hodgson Ducati 999F03
2004 Flag of the United KingdomJames Toseland Ducati 999F04
2006 Flag of AustraliaTroy Bayliss Ducati 999F06

Ducati has also won fourteen manufacturer world championships for years 1991–1996, 1998–2004, and 2006.

[edit] AMA Superbike Championship

In the AMA Superbike Championship, Ducati has had its share of success, with Doug Polen winning the title in 1993 and Troy Corser the following year in 1994. Ducati has entered a bike in every AMA Superbike season since 1986, but withdrew from the series after the 2006 season.[17][18][19]

[edit] British Superbike Championship

The British Superbike Championship has been won by Ducati riders on seven occasions:

Year Champion
1995 Flag of Scotland Steve Hislop
1999 Flag of Australia Troy Bayliss
2000 Flag of England Neil Hodgson
2001 Flag of England John Reynolds
2002 Flag of Scotland Steve Hislop
2003 Flag of England Shane Byrne
2005 Flag of Spain Gregorio Lavilla

[edit] References

  1. ^ a b c Ducati Motor Holding financial statement FY2007 (PDF) http://www.ducati.com/company/fd_eng_1042_0_relazionetrimestrale_31_12_07_en__2_.pdf
  2. ^ Mach 1. ducati.com. Retrieved on 2007-01-25.
  3. ^ DUCATI MOTOR HOLDING SPA Annual and Transition Report (foreign private issuer) (20-F) Item 4. Information on the Company. edgar-online.com (2004-06-30). Retrieved on 2008-01-25.
  4. ^ History of the Motorcycle. mecossemi.com. Retrieved on 2007-01-25.
  5. ^ History of the Two-Valve Twin. Retrieved on 2008-01-25.
  6. ^ Desmo for Dummies. Retrieved on 2008-01-25.
  7. ^ What is in an oil. yamaha-motor.ca. Retrieved on 2008-01-25.
  8. ^ Fabio Taglioni: a Legend. ducati.com. Retrieved on 2008-01-25.
  9. ^ Desmo 2 Valve History. monsta.at. Retrieved on 2008-01-25.
  10. ^ SANDISK EXTREME DUCATI USB. bikervoodoo.com. Retrieved on 2008-03-24.
  11. ^ 2003 Ducati MotoGP Team. ducati.com. Retrieved on 2008-01-25.
  12. ^ Williams, Evan (2007-07-22). Melandri To Marlboro Ducati. superbikeplanet.com. Retrieved on 0228-01-25.
  13. ^ Capirossi to join Suzuki in 2008. bbc.co.uk (2007-08-16). Retrieved on 2008-01-25.
  14. ^ Pramac d'Antin MotoGP becomes Alice Team. eurosport.yahoo.com. Retrieved on 2008-01-25.
  15. ^ Changes to the Technical Rules for 2008. worldsbk.com. Retrieved on 2008-01-25.
  16. ^ KTM's RC8 superbike targets Ducatis 1098S. gizmag.com. Retrieved on 2008-05-23.
  17. ^ Minoli, Federico (2006-08-22). AMA Next Year. ducati.com. Retrieved on 2008-01-25.
  18. ^ Williams, Evan (2007-03-08). Ducati AMA Superbike Streak Ends. superbikeplanet.com. Retrieved on 2008-01-25.
  19. ^ Adams, Dean (2006-08-22). Bombshell: Ducati Pulls Out Of AMA Superbike. Superbikeplanet.net. Retrieved on 2008-01-25.

[edit] See also

[edit] External links