In late 1997, Questor Partners Fund, led by Jay Alix and Dan Lufkin, purchased schwinn bicycles. Questor/Schwinn later purchased GT Bicycles in 1998 for $8 a share in cash, roughly $80 million. The new company produced a series of well-regarded mountain bikes bearing the Schwinn name, called the Homegrown series.[62] In 2001, Schwinn/GT declared bankruptcy. Mike Strobel is the founder of BestBikeParks, a go-to resource for mountain bikers around the world. He is passionate about supporting mountain biking and helping people find the best places to ride. Under his leadership, Best Bike Parks has grown into a respected and influential voice in the mountain biking community.
Developed from experiences gained in racing, Schwinn established Paramount as their answer to high-end, professional competition bicycles. The Paramount used high-strength chrome-molybdenum steel alloy tubing and expensive brass lug-brazed construction. During the next twenty years, most of the Paramount bikes would be built in limited numbers at a small frame shop headed by Wastyn, in spite of Schwinn’s continued efforts to bring all frame production into the factory. Once your child has their brand new bike ready to take out for a spin, you can look to finding a new Schwinn adult bicycle for yourself and make it a family activity! Adult Schwinn bikes come complete with features that maximize performance, comfort, and ease of riding.
By 1975, bicycle customers interested in medium-priced road and touring bicycles had largely gravitated towards Japanese or European brands. In reality, mass-market French manufacturers such as Peugeot were not infrequently criticized for material and assembly quality — as well as stagnant technology — in their low- and mid-level product lines. Nevertheless, Peugeot proudly advertised its victorious racing heritage at every opportunity.
By 1957, the Paramount series, once a premier racing bicycle, had atrophied from a lack of attention and modernization. Aside from some new frame lug designs, the designs, methods and tooling were the same as had been used in the 1930s. After a crash-course in new frame-building techniques and derailleur technology, Schwinn introduced an updated Paramount with Reynolds 531 double-butted tubing, Nervex lugsets and bottom bracket shells, as well as Campagnolo derailleur dropouts. The Paramount continued as a limited production model, built in small numbers in a small apportioned area of the old Chicago assembly factory.
Our newest bike, the AC Performance Plus, is designed to enhance rider comfort with an infinitely adjustable seat and handlebars, a wider step-through and durable, covered stretch pads – all surrounded by a rust-free aluminum frame. A stronger drive train and chain make for easy maintenance while delivering an authentic riding experience indoors. A growing number of US teens and young adults were purchasing imported European sport racing or sport touring bicycles, many fitted with multiple derailleur-shifted gears. Schwinn decided to meet the challenge by developing two lines of sport or road ‘racer’ bicycles.
With a Q factor of 162 mm, and smooth belt drive, our drivetrain provides a comfortable ride that users will love. The SC 5 bike combines user-focused features, best-in-class biomechanics and a high degree of adjustability to deliver the optimal bike fit for riders of all shapes, sizes and abilities. To maintain schwinn bicycles uncompromising quality ride after ride, the SC 5 features a patent-pending bottom bracket that exceeds industry standards, rust-defying materials and rock solid construction. Our patent-pending, durable, threadless Morse Taper design keeps the pedals fastened tightly to the bike and prevents breakage.