Honda Dream 50R (CB50R) Bike, Honda CB50R 'Dream' by HRC

Launched in 2004 by Honda Racing Corporation as a modern tribute to the celebrated RC110 of 1962, the Dream 50R is today regarded as one of the most desirable small-capacity racers ever offered by the factory. Intended solely for closed-circuit use, it was never road-legal and was produced in very limited numbers. For many years it was assumed that only 440 had been built, but frame numbers such as this one's – AR02-1000691 – would appear to demonstrate that production extended much further, with the actual total believed to be close to 1,000 units worldwide.

This particular machine is especially noteworthy. Delivered new for the Japanese domestic market, it carries its original Japanese decals and equipment, distinguishing it from the more commonly seen export versions. Even more remarkable, it has never been started. Upon completion at the factory it was placed into storage, where it has remained untouched ever since.

As a consequence, this motorcycle is presented today in genuine 'time-capsule' condition. Light surface oxidation is visible on several metal components, not as the result of wear but as evidence of its untouched originality and years in careful storage. Collectors prize such authenticity, which serves as a guarantee that nothing has been disturbed or altered since this Dream left HRC's hands.

Technical details remain as delivered: a jewel-like 49cc DOHC four-valve single capable of astonishing revs; six-speed gearbox; disc brakes front and rear; 18" wire-spoked wheels; clip-on handlebars; and rear-set footrests. At barely 71kg dry, the Dream 50R embodies the spirit of Honda's golden era of lightweight racing machines.

In short: this is not merely another Dream 50R; with its untouched status, original Japanese-market specification and frame number firmly within the upper production range, it represents an exceptional opportunity to acquire one of the most exclusive small-capacity Hondas ever offered at auction.