2003 Petronas FP1

SOLD FOR: $59,920

Out of stock

Sold on January 18, 2021


To help aid you in valuing certain “iconic” motorbikes, we’re adding some of the machines we’ve sold before the auction site started!

Additional photos of this 2003 Petronas FP1 are available here for your perusal.

We were over the moon when the Ducati Pierobon rolled in our doors a week or so ago. Thrilled with the yellow Ducati 996, and the rare Laverda that soon followed. But WOW, WOW, WOW did we flip when this one came to us on consignment! As you know by now, we specialize in rare, exotic, and low mileage motorbikes so when this amazing machine became available, first thing that came into mind is, “What do we need to sell to keep this one for the museum?”

If you don’t know this bike, you damn well should!

This is an FP1, originally developed by Petronas and Sauber Petronas Engineering to compete in MotoGP. They decided instead to shift focus and enter the bike in the World Superbike Championship and, according to the regulations at the time, they were required to create 150 production versions for FIM homologation. Unfortunately, rules changes in WSBK meant the race bike was shelved and the project cancelled, so no one really knows exactly how many of the street version were produced and sold to the public.

We’ve had to roll the bike around quite a bit for photos and such and let me tell you, it’s like pushing a bicycle: it’s amazing how light she feels. It’s loaded with carbon fiber, covered with that stunning paint that only Petronas bikes wore and check out that exhaust exit! The bike is powered by a raucous inline triple that displaces 899cc engine and has been known to throw flames from the exhaust when under throttle…

This particular machine was sitting for quite some time so the owner had it completely gone through and ready for the next owner. Service included, new fuel lines to tank and fuel injection, new brake lines, new oil cooler lines, new throttle cables and a complete flush of the cooling system (water pump too), fresh oil and filter and a brand new battery. If you’re planning to ride it, the tires are barely used, but they are original to the bike so she would need new rubber! Only shows 17 km on the odometer so it’s practically brand new.

Come see her in person, you’ll fall in love!! If it doesn’t sell right away, we’re selling some other ones to get this one for our museum, I’m literally tearing up at the thought of her leaving and she only just arrived!

With our VIP service, we’d be happy to pick you up at LAX (only 12-15 minutes away), help you with transport and if you’re nice, Danny may give you one of those Thai shoulder rubs. Bike comes with a Bill of Sale. The bike has a 17-digit VIN, so a title can be arranged, although mileage is too low for one in CA.

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Shipping Information

Continental US:
Haul Bikes will ship anything sold through Iconic for a starting rate of $750 in the Continental US (prices may increase in rural markets), 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

Please contact concierge@iconicmotorbikes.com for a quote.

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

$5,000 for US to Europe/Asia is a VERY ROUGH ballpark which includes transport as well as customs fees and duties. Please contact Shippio for an exact quote.

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, VIN Report not available.

Iconic Motorbike Auctions