Zhang Xue to auction first title-winning bike

Zhang Xue, founder of Chinese motorcycle manufacturer Zhang Xue Motorcycles, announced on social media that the company's first championship-winning motorcycle will be auctioned, with all proceeds going towards supporting the development of young Chinese motorcycle racers.

In a video, Zhang said: "Zhang Xue Motorcycles will hold a carnival at the Zhuhai International Circuit in November. We will also auction off the No. 53 race bike in its original condition. All proceeds from the auction, as well as ticket sales, will be used to support the development of young Chinese riders.

"If the bike sells for a good price, we may also establish pathways for young riders to progress and receive professional training. For example, we could set up teams and training programs for them in Europe."

Zhang added: "Some netizens have said that the first championship-winning bike should be kept. But I think auctioning it to help young Chinese riders develop is more meaningful. Who knows? We might even help produce a future world champion."