Two iconic Italian brands have collaborated to introduce an incredible new racing bike.

Ferrari partnered up with Bianchi, the world’s oldest bike manufacturer, to develop the new SF01 racing bike. The bike was recently introduced at Germany’s Eurobike trade show, and it is based on the Bianchi Speciallisima.

The road-racing bicycle boasts an ultra-light 1.7-pound frame crafted solely from carbon fiber. Thanks to Bianchi’s Countervail vibration canceling technology, as much as 80 percent of vibrations have been eliminated in order to offer a smooth and comfortable ride.

Each SF01 frame is hand-painted in Italy using Ferrari’s “Nero Setoso” and “Rosso Corse” original colors. The custom paint is paired with a carbon fiber saddle and wheels. The latter are equipped with Pirelli P Zero tires.

The beautiful new bike is available in November for $18,000.