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Colnago unveils new steel road bike "masterpiece" that costs £14,500 and uses only Italian-made components

Just 70 limited-edition Steelnovo frames to be produced, the build complete with Campagnolo Super Record in a "fusion of tradition and technology"

Colnago has today released a £14,500 limited edition steel road bike to mark its 70th anniversary, the Steelnovo featuring "meticulously crafted steel, hidden welds" and "premium, custom components" from Campagnolo and other Italian brands. 

There's no shortage of confidence here, Colnago calling it a "masterpiece" which will be produced for 70 limited edition bikes, a process that takes "an entire working" day for each and is finished with Campagnolo's Super Record Wireless groupset, customised with Tricolore Italian flags. The chain stays also featuring a nod to the Italian components manufacturer.

2024 Colnago Steelnovo Settanta
2024 Colnago Steelnovo Settanta

The "tradition" of the steel frame is married with performance, Colnago tells us, the Steelnovo featuring 35mm tyre clearance, a carbon fork, oversized bottom bracket and a Universal Derailleur Hanger around a frameset of "rich craftsmanship" that has seen input from Columbus, as well as engineering specialists Additiva from the world of motorsport.

Working to a "proudly Italian" marketing tag, Colnago says the Steelnovo is "an ode to Italian craftsmanship excellence" and is finished with exclusively Italian brands' products, from Pirelli P Zero Race tyres to Campagnolo's Bora Ultra WTO 45 wheels. With that said, the Brooks Cambium C13 saddle adds a small splash of England, even if, yes, the iconic saddle manufacturer is now owned by Selle Royal.

2024 Colnago Steelnovo Settanta

It's all a celebration to mark Colnago's 70th anniversary, meaning 70 of the limited edition Steelnovo frames are available for €17,500 each, if you've got a spare £14,500 knocking about.

"In a market dominated by carbon, Steelnovo is a return to the essence: meticulously crafted steel, hidden welds and 3D-printed components," Colnago said. "This edition is for those seeking not just a bicycle but a piece of Colnago's history to take on the road, where past and future converge with every pedal stroke."

Colnago worked with Columbus to develop the custom tube shapes, the Steelnovo designed to enhance the brand's "great tradition" of making steel-framed bikes, a history that includes the iconic Super, Mexico, Master and Arabesque models of the 60s, 70s and 80s.

2024 Colnago Steelnovo Settanta

But, this "partnership goes beyond just supplying tubes", Colnago suggests, pointing to the Master of the early 80s with its distinctive five-point-star tube shape developed with Columbus and equipped with a Campagnolo Super Record pantographed groupset. 

"Several models from the archives represent the successful cooperation from these three brands… With this bicycle [the Steelnovo], there is a real celebration of the history of cycling manufacturers," the brand says.

The Steelnovo's tube shapes "seamlessly integrate with one another" and feature 3D-printed lugs. Given the emphasis on looks and the price tag, it's no surprise to see fully integrated cable routing, but the design flourishes are also seen in the seatpost-clamp system integrated with the seat stays.

2024 Colnago Steelnovo Settanta

Colnago is keen to point out the "competitive weight", especially "for an oversized, fully integrated steel frame". When asked, Colnago said that figure is 1.9kg for the medium frameset.

The geometry is aimed at providing comfort in "everyday or endurance rides", although Colnago says it won't prevent "a more aggressive position for speed-oriented riders".

The Steelnovo is available in seven sizes (420mm, 455mm, 485mm, 510mm, 530mm, 550mm and 570mm). It features 48/32 chainrings, a 10-29t 12-speed cassette, Bora's Ultra WTO 45 wheels and Colnago's CC.01 bars.

2024 Colnago Steelnovo Settanta

The frame has been embellished with personalisations throughout, from the 3D-printed Colnago logo on the front, to the custom steering tube cap, personalised thru-axles and handlebar caps, as well as Campagnolo's Italian-themed customisation on the components.

2024 Colnago Steelnovo Settanta
2024 Colnago Steelnovo Settanta

Priced at €17,500, Colnago is making 70 of the limited edition Steelnovo road bikes to mark the brand's 70th anniversary. Find out more on Colnago's website.

Dan is the road.cc news editor and joined in 2020 having previously written about nearly every other sport under the sun for the Express, and the weird and wonderful world of non-league football for The Non-League Paper. Dan has been at road.cc for four years and mainly writes news and tech articles as well as the occasional feature. He has hopefully kept you entertained on the live blog too.

Never fast enough to take things on the bike too seriously, when he's not working you'll find him exploring the south of England by two wheels at a leisurely weekend pace, or enjoying his favourite Scottish roads when visiting family. Sometimes he'll even load up the bags and ride up the whole way, he's a bit strange like that.

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18 comments

Avatar
nextSibling | 3 weeks ago
2 likes

The point of limited-run models like these isn't to make a profit. It's a marketing exercise to get the brand in the media via filler articles that just re-write the press release.

Avatar
froze | 4 weeks ago
0 likes

Just my opinion, but sorry that bike is UGLY!  I can't see that sort of price for a completed bike, not alone for just the frame and fork!

Now had they come out with a modern lighter steel version of the older fluted tubing with lugs as a limited edition bike.  Even if they had made the bike in the article with fluted tubing that would have looked cool.

Avatar
mark1a replied to froze | 4 weeks ago
3 likes

I'll put you down as a no then. 

Avatar
levestane | 1 month ago
1 like

Reading this and watching the GCN review has made me realise that, for me, it's not the bike being steel (narrow tubes) that is the critical aesthetic. In the GCN video we saw the CF1; it's CFRP so I shouldn't like it on principle, but I do. I now realise that it is horizontal top tubes that make a bike.

Avatar
Velophaart_95 | 1 month ago
1 like

For that money you can buy a Mason, a Fairlight and still have plenty of change......

More overpriced Italian product......and still people fall for it; no surprise GCN where all over it.

Avatar
quiff replied to Velophaart_95 | 1 month ago
0 likes

For that money, I'd go to Matthew Sowter - https://www.saffronframeworks.com/ 

Avatar
Rapha Nadal replied to quiff | 1 month ago
2 likes

I'd buy a motorbike fo rthat kind of money!

Avatar
quiff replied to Rapha Nadal | 4 weeks ago
0 likes

Fair point - I was restricting myself to pedal bikes. As I've never spent that kind of money on anything though (mortgage doesn't count), it's kind of moot. 

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mctrials23 | 1 month ago
1 like

GCN just did a cool video on this. All I could think by the end was that perhaps if you got to do what the presenter did and mince around Italy in a supercar for a few days collecting your bikes parts before its built then perhaps the value wouldn't be quite so mad. 

Avatar
Rendel Harris | 1 month ago
3 likes

Colnago wrote:

"In a market dominated by carbon, Steelnovo is a return to the essence: meticulously crafted steel, hidden welds and 3D-printed components"

Ah yes, the traditional 3D-printed components as used by Italian master craftsmen from time immemorial - first mentioned in Benvenuto Cellini's famous autobiography, IIRC...

Avatar
Simon E replied to Rendel Harris | 1 month ago
2 likes

Ah yes, those are hopefully not the 'master craftsmen' that have constructed a wide range of shoddy Italian cars and motorbikes over the years with dodgy electric, crap build quality and poor paint finishing. 'Friday afternoon' cars were made every day of the week in Italian factories in the 70s and 80s. Fiat, Alfa Romeo, Ducati, Moto Guzzi, Ferrari are just a few of the names that come to mind. 

When people swooned over Colnago in the 1990s (and to a lesser extent Bianchi) I wondered what the fuss was about. Was it justified? Nowadays I would be very surprised if there was anything that sets them apart. But a lot of people want to believe the hype.

Avatar
Destroyer666 replied to Simon E | 3 weeks ago
2 likes

Nonono, not those, but those that have constructed Italian cars and motorcycles that have been driven to hundreds of race and championship victories and speed records, dominated race series for years, pioneered innovations in material use, testing methods etc and designed more iconic models than probably in all other countries combined. Fiat, Alfa Romeo, Ducati, Moto Guzzi, Ferrari are just a few of the names that come to mind. And the same can be said about e.g. Colnago and Bianchi. And you still wonder, what the fuss is all about?

Avatar
Cyclo1964 replied to Rendel Harris | 3 weeks ago
2 likes

Brilliant 🤣

Avatar
anke2 | 1 month ago
6 likes

That's outstanding value:

For GBP 7,500, you usually get no more than 950g of carbon frame. Here, you get twice as much frame (1900g) for not even twice the price.

And if you're lucky, the steel in the frame has been recycled (over many generations) from the sword of Julius Cesar - what pedigree!

Avatar
RobD | 1 month ago
0 likes

It looks nice enough, but for that kind of money I'd really be hoping for some more exciting paint than that.

Avatar
Pub bike replied to RobD | 1 month ago
1 like

Or make it with martensitic--aging stainless steel ie whatever the Italian version of Reynolds 953, Columbus XCr etc is so that it doesn't even need painting.

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Nick T replied to Pub bike | 1 month ago
0 likes

The problen there is whatever you weld or braze the joins with is a different material, so stand out like a sore thumb

Avatar
Pub bike replied to Nick T | 1 month ago
0 likes

Nick T wrote:

The problen there is whatever you weld or braze the joins with is a different material, so stand out like a sore thumb

Here's a welded frame using Columbus XCr

https://www.quiringcycles.net/wp-content/uploads/slider5/IMG_0389.jpeg

It doesn't seem to be a problem.

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