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Ducati Motor Holding S.p.A. is a privately owned Italian motorcycle manufacturer located in Bologna, Italy. Ducati has achieved prominence in the motorcycle industry and in motorcycle racing.
Since 1926, Ducati has been owned by a number of groups and companies:
An investment vehicle formed by Investindustrial Holdings, BS Investimenti and Hospitals of Ontario Pension Plan
In 1926, three brothers, Adriano, Marcello and Bruno Ducati, founded Societa Scientifica Radio Brevetti Ducati in Bologna to produce vacuum tubes, condensers and other radio components, becoming successful enough by 1935 to construct a new factory in the Borgo Panigale area of the city. Production was maintained during World War II, despite the Ducati factory being a repeated target for Allied bombing.
Meanwhile, at the small Turinese firm SIATA (Societa Italiana per Applicazioni Tecniche Auto-Aviatorie), Aldo Farinelli began developing a small pushrod engine for mounting on bicycles. Barely a month after the official liberation of Italy in 1944, SIATA announced its intention to sell this engine, called the "Cucciolo" (Italian for "puppy," in reference to the distinctive exhaust sound) to the public. The first Cucciolos were available alone, to be mounted on standard bicycles, by the buyer; however, businessmen soon bought the little engines in quantity, and offered complete motorized-bicycle units for sale.
In 1950, after more than 200,000 Cucciolos had been sold, in collaboration with SIATA, the Ducati firm finally offered its own Cucciolo-based motorcycle. This first Ducati motorcycle was a 60 cc bike weighing 98 lb (44 kg) with a top speed of 40 mph (64 km/h) had a 15 mm carburetor giving just under 200 mpg (85 km/L). Ducati soon dropped the Cucciolo name in favor of "55M" and "65TL".
When the market moved toward larger motorcycles, Ducati management decided to respond, making an impression at an early-1952 Milan show, introducing their 65TS cycle and 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, and only a few thousand were made over a two-year period before the model ceased production.
In 1953, management split the company into two separate entities, Ducati Meccanica SpA and Ducati Elettronica, in acknowledgment of its diverging motorcycle and electronics product lines. Ducati Elettronica became Ducati Energia SpA in the eighties. Dr. Giuseppe Montano took over as head of Ducati Meccanica SpA and the Borgo Panigale factory was modernized with government assistance. By 1954, Ducati Meccanica SpA had increased production to 120 bikes a day.
In the 1960s, Ducati earned its place in motorcycling history by producing the then fastest 250 cc road bike available, the Mach 1.[7][8][9] 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 a 51% stake in the company for US$325 million; then, in 1998, bought most of the remaining 49% to become 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, leaving TPG the majority shareholder. 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.
From the 1960s to the 1990s, the Spanish company MotoTrans licensed Ducati engines and produced motorcycles that, although they incorporated subtle differences, were clearly Ducati-derived. MotoTrans's most notable machine was the 250 cc 24 Horas (Spanish for 24 hours).
Ducati is best known for high performance motorcycles characterized by large capacity four-stroke, L-twin (90° twin-cylinder) engines featuring a desmodromic valve design. 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 in consumer vehicles. 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 causes a loss of power, that is likely when using a "passive" closing mechanism under the same conditions.
While most other manufacturers utilize wet clutches (with the spinning parts bathed in oil) 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.
Ducati also extensively uses the Trellis Steel Frame configuration, although Ducati's MotoGP project broke with this tradition by introducing a revolutionary carbon fibre frame for the Ducati Desmosedici GP9.
The chief designer of most Ducati motorcycles in the 1950s was the late Fabio Taglioni (1920-2001). His designs ranged from the small single-cylinder machines that were successful in the Italian 'street races' to the large-capacity twins of the 1980s. 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.
1970s
In 1973, Ducati commemorated its 1972 win at the Imola 200 with the production model green frame Ducati 750 SuperSport. In 2006, the retro-styled Ducati PaulSmart1000LE was released, which shares styling cues with the 1973 750 SuperSport (itself a production replica of Paul Smart's 1972 race winning 750 Imola Desmo), as one of a SportClassic series representing the 750 GT, 750 Sport, and 750 SuperSport Ducati motorcycles.
Ducati's liquid-cooled multi-valve L-twins made from 1985 on are known as Quattrovalvole ("four-valve"). These include the 916 and 996, 999 and a few predecessors and derivatives.
In 1993, Miguel Angel Galuzzi introduced the Ducati Monster, 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 1993, 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 550 cc 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, an underseat exhaust, and a single-sided swingarm. Ducati has since ceased production of the 916, supplanting it (and its progeny, the 748, 996 and 998) with the 749 and 999.