2003 Petronas FP1 With Zero Miles

$48,150

Reserve Bike With Non-Refundable Deposit

$3,371

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Description

Additional photos of this Petronas FP1 are available here for your perusal.

The FP1 was the result of Sauber and Petronas coming together in late 2001 to compete in MotoGP. Their GP1 prototype was powered by a 989cc triple, but Petronas decided to instead tackle WSBK and so the engine had to be modified to fall under the 900cc limit. Per FIM homologation, Petronas had to built 150 examples – leading to the FP1, touted as “Malayasia’s First Superbike”.

Well, only half of the bikes were built in Malaysia – the first 75 were built in the United Kingdom so the bike could compete in 2003. 100 of the 150 examples were offered to the public in colors like Misty Grey, Exotic Black, and the Panache Green of today’s bike for sale. The other 50 were kept for racing.

FP1 stands for Foggy Petronas – Petronas partnered with none other than Carl Fogarty to form the Foggy Petronas Racing team, but the five year project ended with just two pole positions and two podiums to show in four seasons of racing. To be fair, a lot of that had to do with bad timing. As mentioned previously, Petronas had to bring displacement down to 900cc for WSBK, but the year they entered, rules were changed to allow 1,000cc – putting Petronas at an almost instant disadvantage. But unless you’re Rossi, you won’t be able to tell the difference – this is still a racer for the road with lights, turn signals, mirrors, and the other components required for street legality.

Want more of the story? It took until 2005 (and power from the race bike dropped from 185 horses to 127 ponies for the street), but the FP1 eventually went on sale to the public, though only officially through one dealership in Malaysia. Several years ago, a stash of 60 FP1s (estimated value of about 2 million pounds) was discovered in a bunker, which was surprising as Petronas said they were going to ship the bikes back to Malaysia and destroy them. At that point, 129 bikes were left unsold, and another Malaysian company called Momoto bought up the bikes and rebranded them the MM1. At least they tried to – apparently Petronas never bothered paying taxes/duties for the majority of their bikes, so the Malaysian government seized the inventory. Momoto sued Petronas for $83 million in October of 2013, and that’s one of the many reasons why these are so rare to find nowadays.

This example is VIN: PN9AA90543M000097.

The odometer shows zero kilometers with 0.6 kilometers (0.37 miles) on the trip meter.

Cosmetic Blemishes:







Inside of tank:

It is riding on the original Michelin Pilot Sport tires from 2003.

The sale includes one key.

Please note that while this FP1 has a new battery and starts right up, it has been stationary for nearly twenty years. If you want to ride it, our White Glove Service would be happy to handle a recommissioning – we strongly recommend a complete fluid flush, fork oil, tires, and possibly a caliper rebuild to ensure they are working as they should. Our usual painter can also help with any cosmetic imperfections as he already has Panache Green on hand.

Currently located at our facility in Santa Monica, California, (please make an appointment for an inspection), this Petronas is offered on a Bill of Sale only. Have any FP1 stories or questions about this listing? Let us know in the comments!

Additional Information

Location

Santa Monica, California

Year

2003

Make

Petronas

Model

FP1

Mileage

Zero

VIN

PN9AA90543M000097

Title

MSO

Title State/Country

N/A

Private Party/Dealership

Private Party

Additional Charges

No

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Shipping Information

Continental US:
Haul Bikes will ship anything sold through Iconic for $660 in the Continental US, and Iconic will handle the paperwork on your behalf. You do not need to crate your bike or drain the gas/disconnect the battery if you go with Haul Bikes. We are glad to work with the shipper of your choice as well, but you will have to arrange it.

Please note:

  • spares/extras will have to be shipped separately via FedEx or similar.
  • the fee includes $15,000 of insurance with a $500 deductible. Additional insurance can be purchased at a cost of $50 per additional $5,000 of value.
  • additional details can be found here

Southern California
On a case-by-case basis, we can transport motorcycles in our van.

We are located in Santa Monica, California 90405.
Local Rates (one way):
0-50 miles: $150
50-150 miles: $300

Alaska/Hawaii:
Please contact concierge@iconicmotorbikes.com for a quote.

Canada:
We recommend TFX

$1,500 for Los Angeles, CA to Canada is a ROUGH ballpark, please contact TFX for an exact quote including shipping and customs.

Europe and Asia:
We recommend Shippio

$1,500 for US to Europe/Asia is a VERY ROUGH ballpark, please contact Shippio for an exact quote including shipping and customs.

Australia/New Zealand:
We recommend Bikes Abroad

$1,500 for US to Australia is a ROUGH ballpark, please contact Bikes Abroad for an exact quote including shipping and customs.

Sorry, CycleVIN report not available.

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