MV Agusta F3‘s taillights, the wheels and the front of the bike are similar to 2010 MV Agusta F4. In addition, the bike’s front brake calipers are radial and the forks are upside down. The GP-style tire out is hidden by the single-sided swing arm and rear wheel. The sports bike lovers will have to wait till the first week of November when the all-new MV Augusta F3 will be showcased at the 2010 EICMA show.

Harley-Davidson will buy Italian motorcycle maker MV Agusta Group for about $109 million to boost its presence in Europe. The deal will enable Harley-Davidson expand into the European market. Sport, bikes constitute about 80 percent of sales in Europe, Harley-Davidson Chief Executive Jim Ziemer said."Harley-Davidson's sales there have been growing in the double digits for the past three years, and the company now has nearly 10 percent of that market."

The MV Agusta aquisition gives Harley-Davidson a chance to go after European sport motorcycle riders, who tend to be younger than U.S. motorcycle riders, Ziemer said.Sport motorcycles are typically high performance and require riders to lean forward. Heavy weight motorcycles like Harley-Davidson's top-selling touring bikes are heavier and allow for a more laid-back riding style since drivers can sit upright.

The heavier-weight bikes are more popular in the U.S., but worldwide, sport motorcycles account for half of all sales. It's a big market for Harley-Davidson to enter. "This gives us a better way to get into that and understand that customer base at a different level than we're currently playing at," Ziemer said.

Apparently MV Agusta could have a new owner or at least a large shareholder in the form of Tata Motors, according to Italian bike magazine euroMoto. MV Agusta used to be owned by Proton and was disposed of a few years ago for a sum fo 1 Euro. Since then, MV Agusta's new owners have not been able to do much with the company, and its ails continue, lacking funds to channel towards new product development.