No details on this nice looking period racebike up for auction at the 2012 Barber Vintage Festival. Looks like it could be based on a Rokon powertain which is a snowmobile-type 340cc Sachs 2 stroke single with CVT powertain.
Update: Inspecting the pictures closer I think this may have been a Rokon project, the frame could be Rokon and from Jerry Wood's auction site; also note Kimtab magnesium wheels, Kelsey Hayes brake and Anti-Dive front end.
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