Sorry if this is too much BMX stuff but here's a odd 80's FAD that was cool and completely dorky at the same time. BMX Grand Prix / F1.
There was another BMX fad at the time called GPV or Gravity Racing. Where kids were going to the top of a mountain and riding down it as fast as they could on a BMX using gravity. Well to go faster you obviously had to make your bike more aerodynamic!!! Here is some armature GPV racing in action.
But what if you don't want to risk your life going down a mountain on a 20" bike at break neck speeds? Even worse is what if you don't even live by a Mountain??? Well with the bike companies BMX sales slowing down they got together and created a new sport. BMX Grand Prix!! with the bikes ironically called F1. They took the aerodynamics of downhill BMX bikes and created one of the most boring bicycle sports in history.
Here's the Ultimate F1 the Hutch HPV. believe it or not but the fairings actually do make it go faster.
There was other non-fairing designs.
Pic borrowed from Google
Pic borrowed from Google
The bikes looked fast and futuristic but the racing was kinda dorky. It was basically a 10 min heat/sprint around a road course often set up in a parking lot. Didn't have the jumps and excitement of BMX/MTB and didn't have the speed and distance of road racing.