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News

The Quest for the Million-Dollar Motorcycle: Will Ducati Make History?

The Quest for the Million-Dollar Motorcycle: Will Ducati Make History?
Michelle Liew
April 26, 2024

Get ready for the motorcycle auction event of the year as enthusiasts eagerly anticipate the potential million-dollar sale of a legendary Ducati with a storied racing history.

The Quest for the Million-Dollar Motorcycle: Will Ducati Make History?

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In the world of motorcycle auctions, there’s a magical threshold that has yet to be crossed: the million-dollar mark. It’s a realm reserved for the rarest and most iconic machines, a symbol of prestige and historical significance. Despite several close calls over the years, no motorcycle has officially surpassed this lofty milestone at auction. But all eyes are now on an upcoming event that could change that narrative forever.

Over the years, enthusiasts have witnessed tantalizing near misses. From the gold-plated speedway bike of Ivan Mauger to the iconic Captain America Harley ridden by Peter Fonda in Easy Rider, these machines have flirted with million-dollar valuations, only to fall short due to various complications and controversies.

Elvis Presley’s 1976 Harley-Davidson FLH 1200 Electra Glide wowed crowds at the Pioneer Auto Museum for years. When it hit the auction block in 2019, bids soared to $800,000. But the bike didn’t sell. Would it ever break the million-dollar mark?

As of April 26, 2024, the record price at auction stands at $935,000 for a 1908 Harley-Davidson ‘Strap Tank’. It is tantalizingly close to the coveted million-dollar mark. But the spotlight now shifts to a new contender poised to rewrite history: a Ducati with a storied past.

This Ducati holds a special place in the hearts of motorcycle enthusiasts, particularly those of the baby boomer generation. It is one of the original eight debutante bikes that Ducati unveiled at the 1972 Imola 200-mile race, a watershed moment in the brand’s history. With Paul Smart and Bruno Spaggiari at the helm, Ducati dominated the race, marking the beginning of a legendary legacy.

Unlike its predecessors, this Ducati boasts desmodromic valve gear, enabling it to reach higher RPMs and unleash unprecedented power. Its significance in Ducati’s racing lineage is indisputable, with the brand going on to achieve global domination in motorcycle road racing, including consecutive wins in the premier MotoGP class and the World Superbike series.

Authenticity is paramount in the world of collectable motorcycles. This Ducati has been meticulously inspected and validated by Ian Falloon, a renowned motorcycle historian. With Falloon’s stamp of approval, prospective buyers can rest assured of the bike’s provenance and historical significance.

The last time one of the original eight Ducati Imola race bikes went under the hammer, it set a world record price of $121,250, a staggering sum at the time.

Fast forward to today, and replicas of this iconic Ducati routinely fetch upwards of $200,000 at auction, with some even reaching the half-million-dollar mark in private transactions.

Now, as this legendary Ducati prepares to take centre stage at the upcoming Gooding & Company auction, anticipation reaches a fever pitch. With an estimated value of $650,000 to $750,000, the stage is set for history to be made. Will this Ducati defy expectations and shatter the million-dollar barrier? Only time will tell.

Enthusiasts and collectors alike eagerly await the outcome of this momentous event. Whether it’s a seasoned collector looking to add a crown jewel to their collection or a passionate enthusiast bidding on a piece of motorcycle history, one thing is certain: the world will be watching as Ducati vies for its rightful place in the annals of motorcycle lore.

As the Gooding & Company auction draws near, one message resonates loud and clear: go big, or go home. The quest for the million-dollar motorcycle is about to reach its climax, and Ducati stands at the precipice of immortality.

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April 26, 2024
Michelle Liew

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