With the acquisition by Piaggio, the new President of Aprilia is Roberto Colaninno (President of Piaggio & C.), and the Managing Director is Rocco Sabelli. The founder, Ivano Beggio, was the Honorary President and died on 13 March 2018. On 15 August 2010, Aprilia became the most successful motorcycle racing brand in history, surpassing fellow Italian MV Agusta with a record 276th victory. Despite being a relatively small company by global motorcycling standards, Aprilia is very active in motorcycle sports. It contested many Road Racing formulae, including the now-defunct 125 cc, 250 cc and 500 cc Grand Prix classes of the FIM World Championship. From 2002 to 2004 they participated in the FIM MotoGP World Championship, and from 1999 to 2002 they participated in the FIM Superbike World Championship. Aprilia has returned to World Superbike since the 2009 season and in MotoGP since the 2012 season. Aprilia also feature in the off-road racing world, with their 450 cc V-2 motocrosser producing respectable results (including race wins) in both off-road (Motocross) and on-road (Supermoto) categories. Aprilia made their international racing debut in the Motocross World Championship competing in the 125cc class from 1976 until 1981 with a best result being a fifth place in the 1979 season with rider Corrado Maddi. The firm then focused on the Grand Prix road racing world championships in 1985 and since then it has seen varying successes. Aprilia won their first world championship race at the 1991 Czechoslovak motorcycle Grand Prix with rider Alessandro Gramigni winning the 125cc race. In they won their first road racing world championship with Gramigni winning the 125cc class. They continued to be successful in the smaller displacement categories, winning numerous races and championships in the 125 cc and 250 cc Grand Prix classes. However, their 500 cc Grand Prix bikes failed to attain the same success. They began campaigning in the 500cc class in 1994 with a 250 V twin motor enlarged to 380cc in hopes of using its lighter weight and nimble handling as an advantage against the heavier, V4 engine bikes used by the competition. The bike eventually displaced 430cc and had its best result with a third place by rider Doriano Romboni at the 1997 Dutch TT but, could never overcome power disadvantage during the starting line sprint and was withdrawn at the end of the season for further development.