21 year-old William S. Harley first drew up plans for a small engine, to be used in a regular bicycle, in 1901. In 1921 a Harley-Davidson, ridden by Otto Walker, was the first motorcycle ever to win a race at an average speed of over 100mph. In 1981 AMF sold the company to a group of investors led by Vaughn Beals and Willie G. Davidson for $80 million. In 1981 AMF sold the company to a group of investors led by Vaughn Beals and Willie G. Davidson for $80 million.
