Now international press agency Reuters reports that VW has told the final shortlisted bidders to hold off on binding bids.
The shortlist included American motorcycle and powered recreational vehicle company Polaris Industries, investment firm Bain Capital, private equity fund PAI and the Italian Benetton family through former Ducati owner Investindustrial.
Their bids valued Ducati at €1.3-1.5 billion which is more than 13 times the company’s annual earnings of €100 million.
The sale was expected to be concluded in October after a board meeting later this month, but that now seems unlikely.
Reuters reports that the sale is either finally quashed or will not go ahead until next year.
Meanwhile, it’s business as usual at Ducati with the launch of the Desmosedici Stradale V4 engine being unveiled on Thursday night before the Misano MotoGP.