MADISON, Wis. (BRAIN) — Schwinn, a brand of Dorel Industries, has released a limited 1,400-unit production run of its Grey Ghost Sting-Ray. The bikes will be available only at Dick's Sporting Goods stores and on the retailer's website, for $399.
The Grey Ghost was originally sold in 1971.
"The Schwinn Grey Ghost embodies the joy of the ride and its classic design makes it one of the most recognizable bikes in our history," said Milissa Rick, the senior director of marketing at Schwinn. "We're thrilled to be able to share the nostalgia of this incredible bike with a new generation of riders, just in time for the holidays."
The replica features a spring suspension fork, 16-inch front wheel and a 20-inch wheel with buffed rear slick tire. The bike includes a striped banana seat, fenders and a coaster brake.
"The Grey Ghost is one of the rarest of the Schwinn Sting-Ray bikes. We wanted to give fans another opportunity to get one of their own, and maybe pass it on to their kids," said Josh Vick, the director of Schwinn product development. "It's not just the history that makes them stand out though — riding them is pure joy. It makes you feel like a kid again."
The bikes include an certificate of authenticity with the specific unit number in the collection, a sticker on the bike with the same corresponding number and a collector color lithograph box.
Schwinn is a brand of Pacific Cycle, a division of Dorel Industries' Dorel Sports segment, which also includes Mongoose, IronHorse, Pacific, InSTEP, Dyno, Playsafe, KidTrax.