In the twilight years of the British motorcycle industry, when storied marques were either folding or floundering, an American entrepreneur named Floyd Clymer attempted to write one last heroic chapter. The result? The 1970 Indian Velocette Venom 500 – a glorious oddball that fused British engineering with Italian flair, rebadged under an American icon.
Let’s rewind. By the late 1960s, Velocette — one of Britain’s most revered motorcycle manufacturers — was staggering toward its final days. Known for the finely engineered Thruxton and Venom, Velocette’s single-cylinder engines were the stuff of legend. Across the Atlantic, Floyd Clymer had other ideas.
Clymer, already a motorcycle racer, dealer, publisher, and the name behind the famous Clymer repair manuals, had long coveted the Indian Motorcycle brand. By the 1960s, he owned it — and was determined to make it relevant again.
Thus was born the Indian Velo 500: a curious cocktail of legacy components, modern(ish) materials, and cross-continental ambition.
At the heart of the bike was the venerable Velocette Venom engine, often upgraded in some units to full Thruxton spec. A solid and race-proven 499cc single, it was paired with Velocette’s close-ratio gearbox. But from there, things veered dramatically away from British convention.
Indian Velo: British engineering, Italian styling
Clymer, ever the innovator (and perhaps the opportunist), turned to Italy for the rest of the bike’s cycle parts. The frame came from Italjet — a lightweight and rigid cradle design — while suspension duties were handled by Marzocchi forks. Braking was courtesy of a Grimeca front hub with a twin-leading shoe setup, and Borrani aluminium rims wrapped it all together. The seat and fuel tank were quickly detachable, contributing to a remarkable 45-pound weight saving compared to the standard Venom.
The result was what Motorcycle Sport magazine called “British engineering and Italian styling in a package originally intended for the American market.” And indeed, that market was Floyd’s goal. Of the 250 Indian Velos made, 200 made it to the United States. The remaining 50 stayed in Europe and were snapped up by UK Velocette dealer Geoff Dodkin, who offered them with either the standard Venom engine or the more potent Thruxton version.
But just as quickly as the project launched, it stalled. In 1970, Floyd Clymer died of a heart attack at age 74. His death coincided with the end of Velocette itself, and the Indian Velo 500 vanished almost as soon as it had appeared. No mass production, no dealer networks, just a footnote in the tangled history of motorcycle manufacturing.
Today, examples occasionally surface in specialist auctions, such as Bonhams’ Autumn Stafford Sale on 12 October 2025. Their rarity, combined with the cult status of both Velocette and Indian brands, makes them desirable to collectors who appreciate not just performance, but provenance and story.
In a world of increasingly homogeneous motorcycles, the 1970 Indian Velocette Venom 500 remains a quirky, glorious anomaly. Neither wholly Indian, British, nor Italian but somehow, unmistakably all three.
