Abstract: A toy having retractable appendages, the toy comprising a body portion and a first appendage and a second appendage pivotably connected to the body portion to allow the appendages to be placed in a retracted position. The appendages biased by a spring arrangement into an unretracted position. A releasable locking mechanism retains the appendages into a retracted position when locked and allows the appendages to return to the unretracted position when released. In a preferred embodiment, the toy is configured as a motorcycle, wherein the first and second appendages each have a wheel rotatably connected thereto. In another embodiment, one of the wheels comprises a flywheel.