Stelio Belletti- Italy

Here I introduce you a Stelbel Pursuit Pista handmade in December 1986 by Stelio Belletti, pioneer of the TIG welding process on bicycle frames. Frame N° 155 – Columbus tubing.
This custom made frame was built for an Italian cyclist named Mario Morselli, and his name is engraved on the two sides of the bottom bracket shell spoiler.

from here-
http://www.eroicacicli.com/blog/introducing-stelbel-pursuit/

The 100mph bike – designed in the bath and made from an old saucepan

It was dreamt up in the bath, designed on the back of a scrap of wallpaper, constructed in part from an old saucepan and put together on the kitchen table, but this is the bicycle its inventor hopes will reach the improbable speed of 100mph.

from here-
http://www.telegraph.co.uk/news/newstopics/howaboutthat/9248769/The-100mph-bike-designed-in-the-bath-and-made-from-an-old-saucepan.html
(i dont get it, how does it work?)

British time trial action

Graeme Obree -land speed record bike

Work in progress: Graeme has been busy. After a hectic round of speaking engagements in the UK, Holland & Italy Back into the build for the Land Speed record bid.

back in the day-

Iacopini Foresto Cicli - near Pisa Italy

There seems to be an almost endless list of Italian frame builders, heres one you might not have heard of- Iacopini Foresto Cicli S.A.S. Biciclette E Ricambi

Bianchi - Milan Italy

the world's oldest bicycle-making company still in existence. It was founded in Italy in 1885. It produced cars and commercial vehicles from 1900 to 1939; and motorcycles from 1897 to 1967. Bianchi has been associated for 50 years with the Italian Tour de France winner, Fausto Coppi. www.bianchi.com

Casati - Monza, Italy from 1920

http://www.ciclicasati.it/