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Vespa is a motorcycle brand belonging to the Piaggio & Co, SpA group, first manufactured in Pontedera (Italy) in 1946.

Since its appearance in the mid-fifties, thousands of units have filled the streets of the cities. A sidecar adapted to the motorcycle turned it into a vehicle that was used to transport the whole family.

According to Francisco Franco Salgado-Araujo, the Marquis of Huétor de Santillán presided over a company dedicated to importing the Vespa motorcycle made in Italy. He naively comments to his cousin General Franco: "I can't understand that being able to export nationally manufactured motorcycles, we import Italian Vespas spending foreign currency on that."

In 1952, Spain was on the way to forgetting the aftermath of its civil war. As in Italy, it needed to facilitate the movement of its people to expand its industries. The Spanish brands of the time (OSSA, Montesa, Lube...) could not compete with the Vespa. Spartaco G. Boldori Malandri is a personal friend of Mr. Piaggio and a Fiat representative in Spain. Mr. Boldori is not one of the skeptics, but one of the enthusiasts and he proposes to Mr. Piaggio the assembly of a factory in Madrid. The idea is accepted without reservation; but ideas need men and names to become reality. And for Mr. Boldori's proposal to take shape, the collaboration of Juan Lladó, then CEO of Banco Urquijo, will be decisive. The first director of MotoVespa will be Lelio Pellegrini Quarantotti who, with an extraordinary group of enthusiastic collaborators, manages to put the first 125 cc Vespa on the road in February 1953 in a few months.

The Spanish Vespas began to be manufactured in a factory located on Calle de Julián Camarillo in Madrid by the Moto Vespa SA Company, whose majority shareholders were initially the INI (National Institute of Industry) and Banco Urquijo, and the Italian brand. Piaggio.

Unlike the rest of the Vespa factories, which gradually closed, the Spanish factory created its own product in 1968 to face the drop in sales, the Vespino, with a Spanish patent, which maintained the production of the Vespa in Spain until 1990. In the following decade the multinational Piaggio acquired the majority of the shares of Moto Vespa SA and later those of the Derbi brand. This made the situation unfeasible, as it had 3 production centers, so a long relocation process began that ended with the closure of the Madrid factory in 2003.

The 150 S model was at the time the top of its range and its design corresponded to that of a "Spanish" version of the Italian 180, but with a smaller engine. The basic version was the 125.

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