(Alliance News) - Elica Spa announced Tuesday that it has signed a partnership with Ducati's racing team ahead of the start of the 2024 MotoGP world championship.

Francesco Casoli, president of the Elica Group, commented, "Elica shares values and a common history with Ducati, that of a company from central Italy that has been able to transform itself by crossing different eras expanding globally, while remaining faithful to its Italian origins. Ingenuity, innovation, design and the ability to successfully challenge the ordinary are for Elica, as for Ducati, the basis of efforts to excel internationally."

Elica is flat at EUR2.30 per share.

By Claudia Cavaliere, Alliance News reporter

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