A 1997 Honda NSR500V was sold for $267,607 at the Iconic Motorbike Auctions during the 2024 Christmas Rush, setting a new record for Japanese motorcycles at auction. This price exceeded the previous record held by a Honda RC213V-S at $237,700 and a Honda CB750 prototype at $221,600.
The 1997 Honda NSR500V, which set the new auction records, had been stored for 20 years and was purchased directly from HRC in unstarted condition. It had only been used as a static display at promotional events during its original period.
The V-twin racer was re-crated by HRC in Japan after its promotional use and was sent to its American owner in that state. The unboxing after two decades revealed a complete unused spares kit suitable for Grand Prix racing, making it a rare find.
This NSR500V is unique as most former Grand Prix bikes at auction have a racing history, unlike this pristine example of a grand prix racing bike with untouched spares.
Honda NSR500V VIN NUMBER ONE (001) Two Stroke Icon: Up Close & Personal!
After the exceptional $267,000 price achieved by Iconic in December, a video of the uncrating process of the bike revealed the emotional attachment and knowledge shared by enthusiasts at the auction house.
Honda’s historical significance in motorcycle manufacturing is gaining recognition among collectors, leading to an increase in value for Honda memorabilia.
Honda has been the world’s largest motorcycle manufacturer since 1959, showcasing its dominance in the industry over the years.
Throughout its history, Honda has excelled in technological advancements, with the NSR500V epitomizing the spirit of two-stroke racing with its unique characteristics.
Only 20 NSR500V motorcycles were produced by Honda Racing Corporation, with a few notable specimens making their way to auction in the past.
The NSR500V’s performance and rarity make it a desirable over-the-counter racer, showcasing Honda’s engineering expertise in motorcycle racing.
