Apparently, not everything is lost http://www.piaggiogroup.com/it/archivio/comunicati/fmi-celebra-95-anni-moto-guzzi
Auto translated from Italian:
"...at the very moment in which we celebrate 95 years, we open up a five-year period that will take us to the centenary of this glorious brand. We have amazing new products that will implement a range which today is giving us great satisfaction, even approaching Moto Guzzi motorcycle and a new and younger generation of fans. But Moto Guzzi also has a sporting history of great value, an extraordinary legacy that inspires us to think about a return to racing. Aprilia Racing is the tip of the Piaggio Group's technological research excellence and nothing prevents this technology, as already happens for production motorcycles, can be transferred to the Moto Guzzi brand even in racing. Maybe it won't happen in the very short term but certainly we don't feel to exclude this fascinating scenario..."
Auto translated from Italian:
"...at the very moment in which we celebrate 95 years, we open up a five-year period that will take us to the centenary of this glorious brand. We have amazing new products that will implement a range which today is giving us great satisfaction, even approaching Moto Guzzi motorcycle and a new and younger generation of fans. But Moto Guzzi also has a sporting history of great value, an extraordinary legacy that inspires us to think about a return to racing. Aprilia Racing is the tip of the Piaggio Group's technological research excellence and nothing prevents this technology, as already happens for production motorcycles, can be transferred to the Moto Guzzi brand even in racing. Maybe it won't happen in the very short term but certainly we don't feel to exclude this fascinating scenario..."