Here’s a new option if you’re thinking about buying a new bike for the summer. Luxury car maker Bugatti has created the world’s lightest bike. It is made of 95 percent reinforced carbon and weighs just 11 pounds. It’s not cheap. It will set you back a staggering $39,000. Bugatti and bike maker PG will release just 667 models in a range of colours later this year. The super-light bike is fitted with aerodynamic technology and all of its parts are handmade using materials and methods otherwise found only in motor sport and aeronautic industries. The bike is single-speed and features one chain, one seat stay and is belt-driven.