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Nice chat with @amey this morning, good to see you!
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Someone with better Italian than me might be able to figure out what is going on with this. Looks like it is some kind of track bike with a battery in the rear hub, disc brakes and spleen piercing handlebars? http://www.labestianera.com/
Still, it's only £13,389 so might be worth one of us picking one up to see what the deal is. Also, Telegraph article describes it as "super flexible" which is ideal. Actually this article is packed with anti: http://www.telegraph.co.uk/luxury/technology/63677/the-worlds-coolest-bikes.html
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Yeah he did not last long at the front