Honda Allegedly Spent $225 Million Building An Irrelevant, Completely Ridiculous Piece Of Motorcycle Art: Holy Grails

04 Rune Static C2
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Every once in a while, a motorcycle manufacturer puts out a machine that makes reviewers and the buying public scratch their heads. Honda has repeatedly shown that it isn’t afraid to put ambitious ideas into production, but not all of them work out. Back in the 2000s, motorcycle manufacturers were tearing up the streets with large, powerful cruisers that made just as much of a statement sitting still as they did on the road. Honda, a company that already flirted with the idea in the past, put out the power cruiser to rule them all. The Honda Valkyrie Rune was a piece of art cosplaying as a motorcycle. It was expensive, impractical, arguably irrelevant, and Honda allegedly lost $225 million selling the things, yet so many riders still cannot resist the allure.

Last week on Holy Grails, reader ClemsonWahoo showed us the best version of a meme car. The Nissan Altima SE-R took an otherwise forgettable family sedan and added a few spicy touches to turn it into a Nissan Z-inspired sporty sedan. Unfortunately, those sporty touches came with a huge hike in price, making the car a sort of bad deal compared to the even sportier Infiniti G35. But, if you wanted an Altima, the SE-R is the ultimate Altima.

This week, we’re doing something a bit different. Since this series made its debut, every “grail” thus far has been a car. That’s fine, of course! There are a lot of rare, interesting cars that have been lost to time. I want to expand on the theme of this series. Cars aren’t the only type of vehicle to come in variations worthy of being called a grail!

Rune 1

I’d love to see some motorcycles, trucks, or maybe even RVs that few people know about. To kick this idea off, I’m cheating a little and instead of a reader nomination, this vehicle comes from us.

Today’s journey keeps us in the same enthusiast hot spot that was the early- to mid-2000s. However, instead of cars, we’re looking at motorcycles. As with cars, this was a great time to love motorcycles. Honda’s dependable CBR600F sportbike gained fuel injection for the first time, as did Suzuki’s versatile SV650 as well as the influential Ducati Monster. If you don’t like fooling with carburetors, the 2000s had tons of bikes with EFI. The 2000s also saw excitement from Buell, more than one revival of Indian Motorcycle, jet fuel-powered motorcycles went into military service, and oh yeah, cruisers got properly nutty. The power cruiser–a cruiser with an emphasis on huge power–rose to popularity during this time, and led to developments like the Harley-Davidson VRSC (V-Rod), the Triumph Rocket III, and loads of competition from Japan.

04 Rune Static I

Perhaps the king of all of the absurd cruisers of the 2000s is the Honda Valkyrie Rune, a rolling art piece that Honda reportedly burned $225 million trying to sell to riders.

The Gold Wing Lends Its Engine To A Muscle Bike

Tryoneunderyourseat

As noted by the book ‘The Honda Valkyrie‘ by Peter Rakestrow, in the 1980s and 1990s, Honda began development on American-style custom cruisers. In 1991, a project to lead development on these machines was dubbed the Spirit of the Phoenix, and here’s how Honda describes it, roughly translated from a Japanese press release:

[SPIRIT OF THE PHOENIX] further refines the style of motorcycles that has been nurtured in the climate of America, and “the spirit of freedom that resonates with the rider’s heart”, in other words, communicates with the rider like a horse. I sought the spirit of motorcycle building.

Rather than a cowboy image, it is one of the directions of world wide custom bike construction that can gain the sympathy of Japanese and European riders while imagining aggressive and open American pioneer spirit.

And this [SPIRIT OF THE PHOENIX] is a summary of the basic policy of custom model building currently being developed by Honda. Based on “evolution” and “sublimation to a more free style”, it is positioned as a guideline for the development of the new generation custom.

Honda then lists out requirements that a Spirit of the Phoenix model must fulfill. A machine built under this project must have an upright riding position, low and long styling with a strong presence (achieved through a low seat and a long wheelbase), a high-quality engine with power and presence, a teardrop fuel tank, and high-quality independent components.

Shadowaero

When a bike meets those requirements, the bike is supposed to be something like a horse, from Honda:

After fulfilling these requirements, we have named the spirit of creating a motorcycle like a horse where the will of the rider and the motorcycle communicate with each other as “SPIRIT OF THE PHOENIX”.

Below Honda’s definition of Spirit of the Phoenix, the manufacturer listed a table of motorcycles that fell under the project. These models are the Honda Shadow Aero (above), Steed, Shadow 400 and 750, Magna V4, Magna V-Twin, and finally, the Valkyrie. So, if you’ve ever wondered why Honda used to be so obsessed with American-style cruisers, look no further than the Spirit of the Phoenix project.

The flagship of the Spirit of the Phoenix was the Valkyrie.

Books Honda Valkyrie04

As Cycle World notes, the development of the Valkyrie began in 1991. The first sketch was drawn by Honda R&D Chief Designer Makoto Kitagawa. Cycle World talked with Kitagawa about his mission in designing the Valkyrie and much of the end result has to do with the fact that the Valkyrie was supposed to be a cruiser with Honda DNA from Cycle World:

“Harley-Davidson and Indian were very popular for a long time,” says Kitagawa. “Honda came later to the U.S. market. Weq didn’t start making V-Twins until 1983, so it’s hard for us to have a very original position-an exclusive image-in the market. I wanted to design an original custom using Honda identity. The flat-Six engine is identified with Honda.”

Development on the Valkyrie saw Kitagawa and the team partnering up with the Honda Technical Research Institute in Japan and Honda Research & Development Americas. Along the way, the design evolved from being based on the VF750 Magna to borrowing the GL1500 Gold Wing as a donor. Kitagawa reportedly felt that the Valkyrie would be the perfect platform to showcase a beautiful engine that the Gold Wing had largely hidden. American Honda engineer and Gold Wing enthusiast Josef “Joe” Boyd championed the project so much he’s sometimes given credit as the “father of the GL1500C.”

Introducingthevalkyrie

The Valkyrie put out 104 HP, about 10 more than a regular Gold Wing, and Honda touted the bike as being able to pull harder than a CBR900RR. To further separate the Valkyrie from its Gold Wing origins, the engine’s redline was raised from 6,300 rpm to 7,300 rpm. The Valkyrie even weighed less than a Gold Wing, clocking in at 682 pounds dry, or a whopping 134 fewer pounds than a Gold Wing SE.

Honda introduced the Valkyrie in 1997 and production was relatively short for a motorcycle, lasting until just 2003. This motorcycle could be a grail of its own, but it’s what the Valkyrie evolved into that we’re looking at today.

The Honda Valkyrie Rune

In a press release, Honda said that the strong response and loyal following of the Valkyrie led the company to consider what else could be done with its flat-six engine. It didn’t take long for Honda to crank out different futurist takes on the ultimate cruiser.

Honda says that the Rune’s lineage technically goes back to before the Valkyrie. In 1995, Honda introduced the Zodia concept.

Honda Zodia Concept

Unveiled at the Tokyo Motor Show and predating the flat-six designs, this motorcycle wasn’t just a futuristic chopper, but also pretty weird. It sports a trailing link front suspension, a single-sided swingarm, and that 1500cc V-twin shot power to the rear wheel through Honda’s hydro-mechanical automatic transmission. This concept is notable as the suspension design would later translate to the production Rune.

In 1998, Honda kicked off what it calls the T-Series Concepts. These four concepts were built around the flat-six engine and the designers were challenged to push the boundaries of motorcycle design. Honda was so serious about this that it even tapped a master fabricator outside of the motorcycle world for a design.

Honda Valkyrie Rune Concept T1

The T1 came first in late 1998 and early 1999. This one was painted in a bright color to give it a sporty look and body parts were purposely abbreviated so that your eyes would naturally wander to the engine. The T1 was also given an exhaust inspired by sports cars and muscle cars. Of course, this one did not become the Rune, but Honda says the smooth transition between tank and seat made it onto the VTX, as did the grab rail.

Honda Valkyrie Rune Concept T2 1

Next came the T2, and it’s pretty obvious that this would be the concept chosen for the Rune. Honda describes the inspiration:

T2 blends together a neo/retro persona; retro with respect to the deep fenders and low-slung tank that are evocative of lowered and chopped roadsters from the 1940s and ’50s. Yet the T2 is cutting-edge with its use of a six-cylinder engine and aluminum twin-spar frame plus Pro Arm rear suspension.

Taking advantage of the right-side Pro Arm, the left rear quarter has been purposely left unencumbered to highlight the gorgeous rear wheel that is perfectly framed by the strong lines of the sweeping, flared rear fender. Notice the clean and functional look provided by the knock-off wheel hub.

The bold, massive look to the radical two-shock trailing- link front end lends a strong mechanical presence, further feeding the neo/retro presence.

The unique dual-bulb headlight treatment includes a projector beam in the bottom portion, which gives the headlight a very different face. Note the painted headlight shell with the chromed cap.

With the instruments packaged into the wing-shaped handlebar cover in futuristic style, plus the flush-mounted LED taillight/turn signals, the T2 offers a distinctly neo look from head to toe.

Honda Valkyrie Rune Concept T3 1

Third was the T3, and Honda says that the drag strip was the inspiration for this one. It features hand-formed aluminum body pieces, giant air scoops, a tubular steel frame, and minimal bodywork. The concept bike was given an imposing front end, drag bars, and minimal fenders. Notable is the six-into-six exhaust, which gives a killer look.

Honda Valkyrie Rune Concept T4 1

Finally, we have the T4, which Honda describes as a “technical material study-an internal showpiece that is a rolling exercise in construction techniques.” This is the concept that was built by the aforementioned master fabricator. Mike McCluskey usually restored Ford Cobras and vintage airplanes, so a motorcycle was outside of his wheelhouse. Yet, look at it!

Honda built these concepts and watched for the public response. As it turned out, people adored the T2 Concept so much that Honda decided to put it into production while changing as little as possible. The result was one of those rare instances when a manufacturer takes a concept dream and makes it a reality. In 2003, the Honda Valkyrie Rune hit the road, stunning the press and riders alike.

As Ryan from the excellent motorcycle channel FortNine explains, project leader Masanari Aoki described the Rune with “no performance goals, no distinct function, purchase price not a consideration.”

This is backed up by an archived interview that was once hosted on Honda’s press site, from Aoki:

Since there were no distinct function or performance goals that had to be met, we were free to focus on capturing the styling and design from the mock-up. That included all elements such as the location of the front and rear tires, and the location, position and dimension of the engine.

In other words, the Rune was an art project that you could buy. Honda’s only goals were to make the concept real and road legal. And it was wild. As Ryan describes, the headlight is a foot long and the tank stretches another 32 inches forward from where you’re sitting. That headlight might as well be in another county!

04 Rune Detail C

In creating a concept bike for the road, Honda went wonderfully overboard. In the aforementioned interview with Honda, Masanori Aoki described how the exhaust was made:

Our understanding is that the Rune exhaust system was one of the more difficult challenges to overcome. Why was this so, and how did you solve the challenge?

The styling design had already been decided, and the short length posed a potential problem with exhaust pipe volume.

04 Rune Detail K

2004 Honda Valkyrie Rune Detail

Also, we wanted the Rune to have a distinctive exhaust sound that was a reflection of the bike’s visual image. So we had to design a unique silencer, and we changed things in the exhaust collector.

Also, to achieve the complex shape of the muffler end cap, we employed the lost-wax casting technique, a manufacturing method typically not used in the motorcycle industry.

Lost-wax casting is a 6,000-year-old technique where a sacrificial wax model is used to create a singular metal piece. The wax mold is used just once to create one object, making for a lossy process. The advantage is being able to make an object with precision and accuracy.

Out of the other end of Rune development, riders got to pay $26,000 for a motorcycle not seen before or since.

An Expensive Art Project

Rune1

Aside from the 1,832cc flat-six, the Rune was largely bespoke. And that engine wasn’t much more powerful than a regular Valkyrie. The Rune punched out 118 HP and 120.9 lb-ft torque. Of course, speed wasn’t the point, and neither was giving the bike ideal touring gear. Instead, it was made just to look awesome. Despite the lack of any real practicality, reviewers note that the Rune is very stable and quite comfortable. The seat height is even a low 27 inches. But make no mistake, it weighs in at 878 pounds, or two more pounds than a loaded Gold Wing.

Honda has never released production numbers for the Rune, but it’s reported that Honda spent about $100,000 to make each one. Bespoke parts don’t come cheap, after all. You don’t need to pass a math class to know that $26,000 is much less than $100,000. It’s also been reported that Honda likely lost about $225 million on building these. Throw the numbers into a blender and you get production of around 3,000 units built before the model died after 2005. I reached out to Honda to see if we could get any hard numbers.

Rune2

No matter which way you slice it, the Rune was an expensive project. I’m not sure I’d go as far as FortNine to say that it was a mistake. The financial side of the Rune has never been explained by Honda, so those intentions have never been revealed. But, it’s also not outrageous for something like this to exist. The Smart Crossblade was a concept turned into the real deal, as was the Isuzu VehiCROSS.

If you want your own Rune, you can find some for sale but expect asking prices to be just a couple of grand less than new. It seems these hold their value well. Though, that’s not surprising. The Honda Valkyrie Rune is another example of Honda’s willingness to defy conventions and then put a crazy idea into production. It’s probably not the best motorcycle by any measure, but that’s not the point. This is something you buy when you want to ride rolling art, and for that, I love it.

(Images: Manufacturer)

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35 thoughts on “Honda Allegedly Spent $225 Million Building An Irrelevant, Completely Ridiculous Piece Of Motorcycle Art: Holy Grails

  1. Since you are expanding beyond cars for this feature, maybe also expand beyond just the Holy Grail for Catholic relics.

    What is the Shroud of Turin of busses?
    What is the One True Cross of garbage trucks?
    What is Holy Nails of sailboats?

    We can get weird too! What is the Holy Foreskin (an actual relic!) of rental spec electric scooters?

    Really, we are only limited by the imagination of Middle Ages scam artists claiming some item was actually Jesus Christ’s.

  2. It’s sad that auto companies so rarely make premium vehicles where aesthetic considerations are at the forefront. Maybe it’s only possible to do at the scale of a motorcycle. You probably aren’t going to find buyers for a six figure car without insane specs where the key feature is that it looks like something a cross between dick tracy and tom of finland would drive.

  3. Can you imagine working at Honda and being involved in a project like this? All the resources of a titanic company with almost no fucks to give. What a gift.

  4. I thought it was against the law to talk about muscle bikes and not mention the yamaha vmax?! It’s pretty much the OG, they started making that thing in 1985!

    Edit: I equally egregiously failed to mention the honda v65, which they started making around the same time. I think the v65 came a few years before the vmax, so it’s technically the OG. Anyway, both pretty wicked machines from unexpected sources!

  5. I saw one of these right when they came out in Estes Park Colorado while on vacation. Amazing bike to gawk at. I have no idea if it’s good at being a motorcycle.

  6. I remember riding around Venice Beach in 2012 or so and seeing one of these chained up outside a cottage. It was someone’s beater. I am not a cruiser guy, but I knew this was a lot of bike to just leave outside.

  7. Not going to lie I like it, but I dont want one. For one its too nice, the other reason is more personal. I unfortunately know this guy, hes not really a customer, for some reason he stops by my shop trying to peacock. Sad really The guy has a nice collection of vehicles but they are all red flags. Giant Top Kick pickup, Camaro Z28, Corvette GS, Honda Rune,etc. The guy has a few divorces and has absolutely no personality. I can guess what he’s compensating for.

  8. Well Honda famously spent just 400 million on sawzalling the roof off a Pilot, so 225 million doesn’t seem unreasonable to spend on a whole motorcycle development and production.

  9. Kudos times 10 for Honda 1) following up on their multi cylinder heritage and 2) more so, not making just another 2 cylinder V twin. Maybe the market for such a bike is unfortunately pretty limited, but no one can fault the concept and execution.

  10. Excellent article Mercedes, and a true holy grail. Thanks for bringing it back into the light. Personally I love when a manufacturer steps out of their comfort zone and makes something different and interesting, often when they know they aren’t going to make much off it. Shows a lot about a manufacturer

    I was in the market for a new bike when this came out. I wanted a Triumph Rocket III but didn’t have a dealer near me, so then it was the Rune (wanted one bad), but after looking at a Vulcan 2000, I couldn’t justify the 10K price difference, so got the Vulcan.

    Now the Vulcan of the same era will fetch a few bucks, but the Rune can go for almost what it sold for new. Considering the Vulcan still sits on my garage, hindsight tells me I should have spent the difference. Live and learn.

    1. I read once that Sochiro Honda said, “People only know what they want in the context of what they already have.” In other words, you need to build it and put it on sale to see what people actually want. The Gold Wing and Interceptor paid for a lot of flops like the CBX. Honda has been very innovative.

  11. There was one of these at the Eyes on Design show outside of Detroit the other weekend, pictures don’t do justice how cool these look in person. It legitimately does look like a hand built, one-off custom but then you remember it came from one of the biggest motorcycle companies in the world.

  12. I had a client with one of these, it is impressive in the flesh. I have no idea if he still has it in his toy collection.

    The really fast Honda power cruiser was the short lived (3 years?) V65 Magna a bit of a scary Holy Grail. I watched in disbelief as a box stock one knocked off 10 second quarters, it was almost as quick in a side by side time trial run as my buddy’s modified Suzuki 1150 with wheelie bars and an air shifter.

    1. My Dad had a v65, Great Uncle was a Honda maniac. Had a Gold Wing, then Valkyrie, and a Rune.
      The Magna was shit scary, and a total sleeper. You could embarrass anything on the road while sitting upright.

  13. I’ve never seen one of these on the road, but I remember stopping in a Honda dealership with my wife when she was in the market for a scooter, and they had one of these in the showroom. Super impressive. It had an aura about it. You don’t need to know much about motorcycles to recognize that it was special.

  14. I’d probably say this bike car wise is equivalent to the original eldorado brougham, or maybe a Lexus LFA. Nothings more of a flex than throwing an absolute pile of cash at a design that you know will lose money and absolutely not care about it.

    I remember when this bike came out. It definitely looked super radical, this was at the dawn of chopper everything, and I don’t care about cruisers at all really, but these had so many radical touches, the inverted forks, the single swing arm, that you had to take notice.

    What didn’t help their sales is that everyone who owned them new was an absolute dork.

  15. Great looking bike but while Honda was looking retro here US Bikers were looking into the future. Instead of fender covered short spikes the look was long sugar bear front ends. Bikers want open road not closed in.
    But still for holy grail you go with a rare because of no sales when I sent a link to a prewar working and almost functional flying submarine? That is pre WWI and it kinda sorta worked. It flew further than the Wright Brothers engineering was stolen for undersea to air missiles father/son team plenty of pixs and videos.
    What is more holy grail than a flying submarine?

  16. That motorcycle looks like a modern take on the old art deco era streamliners.

    It’s really cool looking. If they had sold it as a retro revival, they might have sold more.

  17. I came across a Valkyrie/Rune on display at a dealership where I was getting my bike serviced. My first thought was that someone had built a 1:1 Tamiya model of some sort of fantasy bike… then I thought that maybe someone had done… things… to a Goldwing.

  18. As soon as I read the title I knew this would be from a FortNine video. They make some very well produced and interesting videos even for non bike lovers.

    1. FortNine is one of the channels that always get a watch from me, no matter the subject! 🙂

      Just to clarify, FortNine didn’t inspire me to write this, but the video was a great source of information for sure. Though, it did inspire me to dig a little deeper than what you can fit into a 10-minute YouTube video. Namely, I wanted to answer my own question as to why Honda cared so much about making so many American cruisers in the ’90s into the ’00s.

      1. This might just be biker internet lore, but I’ve heard that Terminator 2 saved Harley from boomer irrelevance (or at least held it off for a decade) by featuring the 91 Fat Boy. Might be made up, but roughly lines up with the timeline in the article for getting Japanese companies into gear to make a burley cruiser.

  19. I really wish that Honda had applied the same clever engine layouts to their cars instead of only for their motorcycles. Flat 4’s, Flat 6’s, V4’s, Vtwins… would have been cool!

    I’m not suggesting that the motorcycle engines would have done well just bolted in to Civics, Accords, Preludes, etc…. but the exhaust note on a flat 4 or V4 is better than a straight 4, better with a flat 6 than a V6…could have been more exciting even if somewhat impractical.

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