This is a motorcycle with hubless wheels. Unfortunately, due to my tiny, dinosaur(loving) brain, I'm incapable of understanding how such future technology works. So this is when I copy/paste some quotes and wait for the next meteor to hit.
Hubless wheels work by fixing the rotating parts (brake ring, bearings, hubless rim) onto the outer side of a non-rotating inner ring that attaches to the motorcycle's swingarm or forks.
Advantages include decreased unsprung weight, reduced structural stress (no spokes to transmit forces through), increased braking leverage, more accurate steering, reduced vibration and a lower center of gravity.
Well hot damn! Let me just grab my leathers and we'll hit the road. I get to ride on the back though -- I'm rocking my chaps commando style. Hey, car behind me, get a load of this sexy ass! Haha, I know where you're going -- straight to BONERTOWN, USA! Oh, looks like you naturally swerve a little to the left.
Hit the jump for more pictures and a video of the magical wheels.
Thanks to Kenny, whose motorcycle doesn't even need wheels because he's special needs and just sits on it in the garage going VROOM VROOM.