March 1921, the company "SocietàAnonima Moto Guzzi" was established for "the fabrication and sale of motorcycles, and all other activities pertinent or correlated to the metalworking and mechanical engineering industries". Moto Guzzi is an Italian motorcycle producer and the oldest European as well who are still in continuous motorcycle production.
The associates in the Company were the well-known Genoese ship owner Emanuele Vittorio Parodi, his son Giorgio and his friend Carlo Guzzi. Guzzi was a former comrade of Parodi's in the Italia Air Corps, as was another friend giovanniRavelli, an aviator - like Parodi - who died, however, on 11 August 1919 throughout a test flight. It was in memory of this friend that the spread-winged eagle motif in the Moto Guzzi badge was chosen. The company's first motorcycle was the legendary 8 HP Normale. This was tracked by prosperous models such as the 1928 Guzzi G.T., dubbed “Norge” to commemorate the expedition to the Polar Arctic Circle, and the Airone 250 (1939), which remained Italy's bestselling medium capacity motorcycle for over 15 years. In the meanwhile, the marque also notched up numerous racing successes. The first was in the prestigious Targa Florio in 1921, which marked the beginning of an impressive succession of victories: up until its abstraction from motorsports in 1957, Moto Guzziamassedadesirable collection of tributes including, among other titles, an astonishing 14 world GP championships and 11 Tourist Trophies.
On 30 December 2004 Moto Guzzi became a part of the Piaggio Group (chairman and managing director Roberto Colaninno), the European leader in the two-wheeler market and one of the world's major constructors in the sector. Nowadays this company is successfully doing business in most of the continents, and the best market is seen in the US.