Bicycle handlebar a steep U-shape from the base, so that the rider's hands rest above waist-level. This style of bicycle handlebar became very popular in the 1960s after the introduction of wheelie bikes such as the Schwinn "Sting-Ray", Raleigh Chopper, and other highly stylized youth bicycles that imitated the appearance of drag-racing or chopper motorcycles of the day. Legislation in the United States introduced during the 1970s limited the maximum height of manufacturer-installed handlebars to 16 inches above the lowest seat setting; European Union safety regulations use a similar limit of 400mm. The apehanger style remained common in the US through the
Chicago Bicycle Company company produced, made profitability virtually impossible. CBC was renamed the US Bicycle Corp and Marmon says he is working with investors to turn the company into a roll-up. Today there is a new Chicago Bicycle Company, unrelated to the original factory, that is a two store bicycle chain in the city of Chicago and online at chicagobicyclecompany.com The business is owned by long time retailer Denis Smith and his partner Elizabeth Georgescu. With locations in the historic printers Row in the Southloop, and North Center neighborhoods Chicago Bicycle Company employees master mechanics and carries all Trek related products Online store