Paioli bicycle, Formicone model, BMX type with 20’’ wheels. Very rare bike built by the company Paioli on an Italian prototype, with a variable frame, i.e. a frame that can be enlarged or shortened according to the driver size. Designed as a bike that had to last over time. The bike was designed between the late 1970s and the early 1980s by the company Paioli with the consultation of the Italian champion Francesco Moser, who sponsored it. The bike is a brand new one (it’s a new old stock, never used), extremely rare (you will not find another bike in such conditions!). Rich in original accessories, as the dynamo, the bell and the reflector on the back side of the seat. Very rare, collector’s bike, perfect for experts and enthusiasts. Location: Rome, Italy.