Since the debut of the Icons Collection with the 2021 Harley-Davidson Electra Glide Revival, we look forward to the annual inductee into the club. Joining the 2022 Low Rider El Diablo, 2023 Electra Glide Highway King, and last year’s Hydra-Glide Revival is the 2025 Harley-Davidson Fat Boy Gray Ghost. The newest Icons Collection member pays tribute to the first Fat Boy—the 1990 FLSTF affectionately known as The Grey Ghost.
While the 2025 Harley-Davidson Fat Boy Gray Ghost has “gray” in its name, the calling card of the Icons Collection member is a mirror-like finish that isn’t chrome.
The Gray Ghost’s fuel tank and fenders feature a stunning Reflection finish created through physical vapor deposition (PVD). The high-tech process vaporizes aluminum alloy in a vacuum and bonds it to the parts, followed by a clear coat.
This is Harley-Davidson’s first use of PVD on large components, delivering a chrome-like shine that’s tougher and more corrosion-resistant than traditional chrome plating. Previously, PVD was limited to smaller parts, such as tank medallions and exhaust shields.
Building on its innovative finish, the 2025 Fat Boy Gray Ghost’s bright aesthetic is enhanced by chrome side covers and a silver powdercoated frame. These sleek touches set the stage for nostalgic details that honor the original Fat Boy.
The Gray Ghost pays homage to the 1990 Fat Boy with retro details, including a round air cleaner, yellow accents on the rocker covers, powertrain, and tank console, plus a leather seat valance with lacing and tassels. A black leather tank strap with laced edges and 3-D fuel tank medallions with the classic winged graphic are additional nostalgic touches.
“The original Fat Boy model took the look, proportions, and silhouette of a 1949 Hydra-Glide and completely modernized it for a new generation of riders,” Brad Richards, Harley-Davidson Vice President of Design and Creative Director, Motorcycles, tells us. “Those riders appreciated our post-war design DNA but also found themselves drawn to the clean simplicity of contemporary industrial design.”
The Fat Boy Gray Ghost gets all the 2025 Softail enhancements. This includes the air- and oil-cooled Milwaukee-Eight 117 Custom, which cranks out 122 ft-lbs of torque at 3000 rpm and tops 100 horses at 4800 rpm.
The new motor has three ride modes—Road, Rain, and Sport—along with cornering-enhanced ABS, traction control, and drag torque control.
The suspension is updated, lighting is all-LED, and a USB-C power port keeps the battery in your electronic devices topped off. Glance down, and you’ll see a new console-mounted five-inch LCD dash.
As part of the prestigious Icons Collection, the 2025 Harley-Davidson Fat Boy Gray Ghost is limited to 1,990 examples and serialized with an etched tank console insert. Also, an Icons Collection medallion sits on the rear fender. The list price of the Gray Ghost is $25,399, a $2800 premium over the standard Fat Boy.
2025 Harley-Davidson Fat Boy Gray Ghost Specs
ENGINE
- Type: Milwaukee-Eight 117 Custom V-twin
- Displacement: 117 ci (1923cc)
- Bore x stroke: 4.075” x 4.5”
- Maximum power: 101 horsepower @ 4800 rpm
- Maximum torque: 122 ft-lbs @ 3000 rpm
- Compression ratio: 10.3:1
- Valvetrain: Single cam w/ pushrods; 4 vpc
- Exhaust: 2-into-2; catalyst in mufflers
- Cooling: Air and oil
- Transmission: 6-speed Cruise Drive
- Clutch: Wet multiplate w/ assist function
- Primary drive: Chain
- Final drive: Belt
CHASSIS
- Front suspension; travel: Non-adjustable Showa Dual Bending Valve 40mm fork; 5.1 inches
- Rear suspension; travel: Spring-preload adjustable shock; 3.4 inches
- Wheels: Lakester machined cast aluminum
- Front wheel: 18 x 4.5
- Rear wheel: 18 x 8
- Tires: Michelin Scorcher 11
- Front tire: 160/60-18
- Rear tire: 240/40-18
- Front brakes: 300mm disc w/ 4-piston caliper
- Rear brake: 292mm disc w/ floating 2-piston caliper
- ABS: Standard
DIMENSIONS and CAPACITIES
- Wheelbase: 65 inches
- Rake: 30 degrees
- Fork angle: 32 degrees
- Trail: 4.1 inches
- Seat height: 26.6 inches
- Fuel capacity: 5 gallons
- Estimated fuel consumption: 49 mpg
- Curb weight: 694 pounds
2025 Harley-Davidson Fat Boy Gray Ghost Price: $25,399 MSRP
