Home / Auto News / News article: Ferrari Motorcycle Sells at Auction for Almost $138,000 - AutoGuide.com News
 |  May 02 2012, 5:32 PM

Most people think of low, wide-sitting coupes when the Ferrari name makes its rounds, but in this special case it’s a motorcycle bearing the iconic badge.

In a tribute to Enzo Ferrari, David Kay Engineering built the bike which aside from its unique licensing is completely unimpressive. Still, as the only officially Ferrari-licensed bike in the world, you might think people would pay top dollar for it as a collectible item.

Unfortunately, that doesn’t seem to be the case. As an unfortunately plain bike, riding enthusiasts seemed unwilling to bite, at least at at the original £180,000 reserve it held during a 2008 auction.

Four years later, the bike finally sold for a comparatively miniscule £85,000, which is almost $138,000. While that’s no small sum, the figure is also a far cry from the original asking price.