Post Sale Update: This Petronas FP1 sold for $32,785 after 41 bids on Collecting Cars in Hampshire, England.
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. You may have noticed “Foggy” in the title of this bike. 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. As it’s equipped with lights, turn signals, mirrors, etc, this bike is street legal in most countries. Unfortunately, for my fellow Americans, the United States is not one of said countries.
Want more of the story? It took until 2005 (and power from the race bike dropped from 185 horses to 127 ponies for he 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 I haven’t been able to figure out what the result was, if there has been one. I’m just going to sadly assume the remaining bikes will never legally see the light of day again, reinforcing how rare this example is.
This example (VIN: SA9AA90S42B124026) is claimed to have “been refurbished to as-new condition, needing only a fresh pair of tyres before the next owner can fully exploit its impressive performance.” The bodywork was repainted in Panache Green and the carbon fiber was relacquered. Mechanically, the fuel pump and lines were flushed, the brakes were rebuilt, and a new battery was installed.
Find this Petronas FP1 for sale in Hampshire, England here on Collecting Cars with bidding up to $22,404.
This bike-uriousity brought to you by Manny B!