Moto Guzzi launched the Anniversario to mark the fifty-year anniversary of the first V7 III.
The limited edition bike sports a chrome-finished paint job and details like a leather band all-through the fuel tank.
The double cradle chassis now features a redesigned front part to give the bike new steering geometry.
The 750cc V-Twin now gets a stiffer aluminium crankcase, new oil sump, crankshaft, aluminium heads, pistons and cylinders.
The Euro 4 compliant engine produces 52bhp at 6,200rpm and 60Nm of torque at 4900rpm.
It also gets a new exhaust system fitted with double pipe manifolds for improved thermal insulation.
The Anniversario also features an adjustable spring preload Kayaba suspension at the rear.
It also sports a lower seat height.
Foot pegs on the Anniversario are repositioned both for the rider and pillion.
The V7 III is fitted with ABS and Moto Guzzi Traction Control (MGTC) that can be adjusted or disabled.
The Anniversario is a limited edition motorcycle based on the V7 III Special and only 1000 units will be available.