A one-off officially-endorsed Ferrari motorcycle has been sold at auction, taking in 85,000 British pounds (US$137,700). That’s a hefty sum for a motorcycle, but far less from the initial reserve price of 180,000 pounds asked for when the bike was first up for auction in 2008.

The Ferrari motorcycle was designed and built by former MV Agusta engineer David Kay in 1995 as a tribute to the Italian car-maker’s founder, Enzo Ferrari. Kay received the blessing of Piero Ferrari, Enzo’s son, to use the company’s famous prancing horse logo.

The tribute bike is powered by a 900cc DOHC eight-valve Inline-Four engine with a five-speed transmission bolted on to a Reynolds 531 tube chassis. The aluminum body work was produced by Terry Hall, who also crafted the four megaphone-style exhausts (two on each side).

Suspension is comprised of Forcelle Italia upside-down forks while stopping power is provided by twin-piston Brembo brakes.

[Source: Visordown]