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Volkswagen Group to sell Ducati?

Fresh speculation surrounding Ducati’s future has emerged after a report by the Financial Times suggested Volkswagen Group could consider selling some of its most valuable brands as it looks to improve its financial position. While no decision has been made, Ducati is once again being mentioned as a potential asset that could attract significant buyer interest if the German automotive giant chooses to raise capital through divestments.

The renewed rumours come shortly after Volkswagen completed the sale of its marine engine business, Everllence, in a deal worth approximately NZ$19.5 billion. Combined with the earlier sale of Bugatti and ongoing restructuring plans announced by CEO Oliver Blume, including proposals to reduce the company’s global workforce, the successful Everllence transaction has fuelled suggestions that other high-value brands could also be considered.

According to the Financial Times, advisers believe investor appetite created by the Everllence sale could extend to Volkswagen’s so-called “crown jewel” brands, including Ducati. The publication notes that the idea of selling the Bologna-based motorcycle manufacturer was previously explored in 2017, while a stock market listing for Lamborghini has also reportedly been discussed.

Ducati Multistrada V4

Ducati sits within Volkswagen Group’s extensive portfolio alongside brands such as Porsche, Lamborghini, Audi and Bentley. Although it is much smaller than the automotive divisions, Ducati remains one of the group’s most recognisable and consistently profitable premium brands. That combination of strong financial performance, global brand recognition and racing pedigree would almost certainly make it an attractive acquisition target should it ever become available.

Recent activity across the motorcycle industry also demonstrates that premium motorcycle brands continue to attract investors. KTM’s restructuring ultimately saw Bajaj take control of the business, while other heritage motorcycle brands have also changed hands in recent years. Ducati, however, occupies a different league altogether. Its presence in MotoGP, strong global sales and premium positioning arguably make it one of the most valuable motorcycle manufacturers in the world.

Despite the speculation, a sale is far from inevitable. The *Financial Times* also cites analysts who believe Volkswagen is more likely to divest underperforming businesses than profitable ones. Assets such as PowerCo, the group’s battery division, have been identified as businesses that may require restructuring, while selling a consistently profitable company like Ducati could remove one of the group’s strongest-performing premium brands.

FIM Racing Motorcycle Museum © Francesco_Vignali_Photography

If Volkswagen did eventually decide to sell Ducati, the financial implications would be enormous. While Everllence reportedly changed hands for around NZ$19.5 billion, Ducati’s combination of profitability, heritage, technology and global brand value could command a substantially higher valuation. Exactly how much remains impossible to predict, and any figures circulating at this stage are purely speculative.

For now, Ducati’s future remains unchanged, and there is no indication that Volkswagen has formally put the company up for sale. However, with the German group continuing to reshape its business and investors pushing for improved financial performance, the prospect of Ducati once again becoming the subject of takeover speculation is unlikely to disappear anytime soon.

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