I agree. I think Enzo Ferrari helped out Ernesto Colnago with carbon fibre know how when he was looking into making bike frames from the stuff, and the companies have collaborated occasionally with them both having branding on certain bike models. It was their nice Master frames which I was thinking about, or maybe some one off variation on them.
With how nice and shapely Ferrari and Alpha cars can be, it seems weird to me that they can come out with ugly looking bike when there’s Italian companies making nice looking ones. Not a biggie in the grand scheme of things – but kinda puzzling. 🙂