Abstract: A centerless wheel assembly and suspension system for motorcycles. The wheel assembly includes a wheel rim with an annular body and outer flanges that define a tire receiving outer surface and one or more annular inner flanges. A ring-shaped wheel bearing includes one or more spaced bearing ring pairs with first and second bearing rings each defining annular bearing race. One of the inner flanges closely fits disposed within each bearing races to retain a plurality of ball and/or roller bearings therein to rotatably support the wheel rim. The wheel assembly may include a mounting ring which connects to the wheel rim and a toothed drive ring to engage a drive chain of the motorcycle.