Ferraris of any era, provenance or condition tend to command eye-wateringly high price tags, but the 2017 Bianchi for Scuderia Ferrari SF01 might be one you could theoretically afford, some 15,000 Euro (RM76,167) worth. Ferrari brand bicycles are not new, of course, with legendary Italian frame maker Colnago having previously made a series of “TF” road racing bicycles for the Prancing Horse.

Made from carbon-fibre, the SF01 begins life as a Bianchi Specialissima, weighing in at 780 grammes for a 55-centimetre frame before being hand-painted. Prospective customers can then choose between Campagnolo Super Record EPS or Shimano Dura-Ace Di2 groupsets, and each SF01 comes equipped with a Fulcrum – Campagnolo’s off-brand range – Speed 40C wheelset shod with Pirelli P Zero Velo 25 mm clincher tyres.

Design input for the SF01 comes from both Bianchi and Ferrari R&D and design engineers, and this extends to the custom-made components. In the case of the saddle, made by Italian brand Astute, and formed from 3K carbon-fibre weave said by Ferrari to be the same material as used in the seats of its racing four-wheelers, weight is only 94 grammes.

Ferrari and Bianchi intend to extend the line into a full range of bicycles, from road bikes to mountain bikes, city to e-bicycles, as well as children’s bikes. As proof of this, a partial carbon-fibre frame, fork and headstock mock-up of a triathlon bike was shown at the Eurobike trade show in Germany recently.

The 2017 Bianchi for Scuderia Ferrari SF01 comes in two colour options – Rosso Corse (Racing Red) and Nero Setoso (Silky Black). Availability of the SF01 will be from November of this year at premier Bianchi dealers, while the rest of the world gets it in 2018.