Are Schwinn Mountain Bikes Good? After a quantity of appeared on America's streets and neighborhoods, many younger riders would settle for nothing else, and gross sales took off. Inspired, he designed a mass-production bike for the youth market generally recognized as Project J-38. The outcome, a wheelie bike, was introduced to the common public because the Schwinn Sting-Ray in June 1963. Schwinn additionally had a really profitable BMX racing team made up of a number of the best riders of the day. In the December 1963 Schwinn Reporter, Schwinn announced the arrival of the Deluxe Sting-Ray. This mannequin included Fenders, white-wall tires, and a padded Solo polo seat.