Brian R.
Wore out three sets of tires already!
I picked up this nice, like-new condition 1972 Formula 1 this past weekend. Originally I intended to stay away from 1970s ten-speeds, but have become more interested in road bikes after acquiring a few 1930s track and road racers. I understand the derision some people have expressed for bikes like this, as the 1970s is known as a period of decline for CCM (and other North American makes), sadly, but I picked up this bike for two reasons: its amazingly well-preserved condition, and the Reynolds 531 tubes in its frame (straight tubes, not butted). Except for a few new parts, I'd like to think this is the best-preserved Formula 1 in existence. The bar tape was originally white, and was replaced because it had become fragile. I think black looks better on this bike actually. The tires were also replaced. As for the rest of it I'll let the photos do the talking.
I believe this bike was made for only one year, 1972, and that it was second-highest in the pecking order below the Tour du Canada. Since it was the beginning of the 10-speed boom, I imagine it must have been a failure in the market place for some reason. It's possible that at the higher price points buyers gravitated towards more exotic choices available at the time, like Peugeot, and CCM decided to focus on its bread-and-butter entry-level bikes.
I believe this bike was made for only one year, 1972, and that it was second-highest in the pecking order below the Tour du Canada. Since it was the beginning of the 10-speed boom, I imagine it must have been a failure in the market place for some reason. It's possible that at the higher price points buyers gravitated towards more exotic choices available at the time, like Peugeot, and CCM decided to focus on its bread-and-butter entry-level bikes.