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Cervelo P5 Ultegra Di2 Bike


Regular price $10,65000

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Cervelo   |   SKU: 0L0P5FUI1C48  |   Option: Five Black / Black, 48cm

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* Product image may vary. Refer to the description for accurate details.

Cervelo P5 Ultegra Di2 Bike Info

The Cervelo P5 Ultegra Di2 Bike is the entry point into Cervelo's flagship triathlon platform — the same aerodynamically engineered frame, the same adjustable Speed Riser cockpit, and the same geometry that has put athletes on Kona podiums and World Championship start lines, built around Shimano's proven Ultegra Di2 12-speed electronic drivetrain. At $10,650, it makes the P5 platform accessible without compromising on the frame technology or fit system that make the P5 one of the most respected triathlon bikes in the category.

The P5 frame was developed through Computational Flow Design validated in real wind tunnels, with Strike-shaped tube profiles engineered to minimize drag across real-world yaw angles — the kind of conditions athletes actually face on open race courses, not just controlled tunnel environments. In standard disc brake configuration, the frame produces 1,872g of aerodynamic drag. The TrueAero rear wheel cutout maintains a precise 2–6mm frame-to-tire gap with wheels up to 28mm in depth and tires up to 25mm wide, so athletes who run multiple wheelsets across different race conditions don't give up aerodynamic efficiency when they swap. The Fastback seatstay design improves rear compliance by approximately 22% compared to the previous P5 generation, and the Comfort Ply layup technology uses different carbon materials tuned in different orientations throughout the frame — independently controlling stiffness, weight, and road compliance zone by zone rather than accepting a single-material tradeoff across the chassis. The result is a frame that's 22% stiffer at the head tube and 26% stiffer at the bottom bracket than the generation it replaced, while riding with noticeably less road-induced harshness over long race distances.

The Speed Riser cockpit is one of the most adjustable integrated aerobar systems on a production triathlon bike. The 380mm basebar pairs with aerobars that adjust from 0 to 30 degrees in 5mm increments, with 95mm of fore-aft reach adjustment and 45mm of pad reach — enough range to place most athletes in a legal and comfortable race position without sourcing aftermarket components. Extensions ship in a 30-degree bend; 50-degree and S-bend configurations are also available. The D-shaped steerer routes hydraulic brake lines internally, keeping the cockpit aerodynamically clean from stem to hub.

The drivetrain is Shimano Ultegra Di2 R8150 — 12-speed electronic shifting that's earned a reputation for reliability and precision across thousands of miles of training and racing. Ultegra Di2 is a wired electronic system, which means consistent shifting performance without the battery management of a wireless setup and a well-understood service and maintenance profile. The Shimano Ultegra crankset runs a 52/36T chainring configuration — a setup that suits both flatter and hillier triathlon courses — paired with an 11-30T cassette for tight gear steps through the middle of the range. Braking is hydraulic disc throughout, with 160mm Centerlock rotors front and rear. The wheelset is Fulcrum Racing 400 DB — a tubeless-compatible alloy wheel on 12mm thru-axles front and rear, a functional and durable starting point that many triathletes choose to upgrade as they move deeper into race-focused training. Vittoria Corsa Speed TLR tires are fitted tubeless-ready. The Cervelo SP23 carbon aero seatpost pairs with a Prologo Dimension Tri saddle, and the seat tube runs the P5's full 75–79° adjustable angle range to accommodate a wide range of triathlon-legal fit positions.

Design Benefits

  1. Full P5 aero platform. The same TrueAero wheel cutout, Strike tube profiles, and Comfort Ply layup as the top-spec P5 builds — the frame technology doesn't change between builds, only the components on it.
  2. Speed Riser cockpit with 95mm reach adjustment. 0–30° extension adjustment in 5mm increments gives most athletes a legal, comfortable fit without aftermarket modifications. The D-shaped steerer keeps brake lines internal and the cockpit aerodynamically clean.
  3. Shimano Ultegra Di2 12-speed reliability. A wired electronic drivetrain with a proven service record, consistent shifting under load, and a familiar maintenance profile for athletes already in the Shimano ecosystem.
  4. Adjustable seat tube angle (75°–79°). The full P5 STA range accommodates the variation in fit positions across different athlete anatomies, saddle heights, and hip flexor flexibility — meaningful for athletes who come to the bike from a fitting background.
  5. Hydraulic disc brakes. 160mm rotors front and rear with modulation that handles everything from dry criterium-style descents to wet race-morning conditions with consistent feel.
  6. Upgrade-friendly wheelset. The Fulcrum Racing 400 DB is a dependable training and entry-level race wheel — tubeless compatible and built for the long haul. It's also a natural first upgrade target for athletes moving into deep-section carbon wheels as their racing develops.
  7. TrueAero wheel cutout compatibility. When athletes do upgrade to deeper carbon wheels, the TrueAero cutout's 2–6mm gap management works with wheels up to 28mm in depth — so the frame is already prepared for the next wheelset.

Final Take

The Cervelo P5 Ultegra Di2 is the right choice for triathletes who want the P5 frame and cockpit system — proven aerodynamics, best-in-class fit adjustability, and Cervelo's pedigree in the category — at an entry price that leaves room in the budget for a wheel upgrade when race season demands it. Shimano Ultegra Di2 is a reliable, precise electronic drivetrain, and the P5 platform it rides on is one of the best in triathlon.

Cervelo P5 Ultegra Di2 Bike - Specifications

Frame Material:
Carbon
Fork:
Cervelo All-Carbon Bayonet P5 Fork
Headset:
FSA IS2 1-1/8, 36-deg x 45-deg / 1-1/4, 45-deg x 45-deg
Seatpost:
Cervelo SP23 Carbon
Front Derailleur:
Shimano Ultegra Di2 R8150
Rear Derailleur:
Shimano Ultegra Di2 R8150
Crankset:
Shimano Ultegra R8100 w/4iiii Precision Pro GEN3+ Dual Sided Power Meter
Chainrings:
52/36
Bottom Bracket:
FSA / BBright Thread Together
Brake Calipers:
Shimano Dura-Ace R9180 Hydraulic Disc
Rotors:
Shimano CL800 Centerlock
Bar End Shifters:
Shimano Dura-Ace Di2 R9160
Shifters / Levers:
Shimano Dura-Ace Di2 R9180
Cassette:
Shimano Ultegra R8100 12-speed 11-30
Chain:
Shimano M8100 12-speed
Wheel - Front:
Reserve 77TA / DT Swiss 240 Hub / Tubeless Compatible / 12x100mm
Wheel - Rear:
Reserve 88TA / DT Swiss 240 Hub / Tubeless Compatible / 12x142mm
Stem:
Cervelo EX14 Carbon Aero Riser Assembly
Aerobars:
Profile Design 52ASC Extension
Aero Basebar:
Cervelo HB15 Carbon
Saddle:
Selle Italia WATT Superflow Ti316
Tires:
Vittoria Corsa Pro TLR G2.0 700x29
Pedals:
Not Included
Bottle Cages:
Cervelo Aero Water Bottle w/ Cage
Accessories:
Cervelo Rear Hydration Mount / Cervelo P5 Stem Storage / Cervelo Smartpak Top Tube Storage Bag 400
Max Tire Width:
700x34

*Specifications are subject to change.

Cervelo P5 Ultegra Di2 Bike Geometry

Cervelo P5 Ultegra Di2 Bike Triathlon Bike Geometry
Size:
48
51
54
56
58
61
C. Top Tube Length
479-513
500-535
516-553
533-571
550-589
563-604
D. Head Tube Length
58.5
70.7
88
106.9
126.8
147.8
E. Chain Stay Length
405
405
405
405
405
405
F. BB Drop
75
75
75
75
75
74
H. Head Tube Angle
71
72.5
72.5
72.5
72.5
72.4
I. Stand Over Height
739
759
775
792
812
906
J. Wheel Size
700c
700c
700c
700c
700c
700c
K. Stack
461
482
498
516
535
556
L. Reach
389
406
420
433
446
455
Bar Width
38cm
38cm
38cm
38cm
38cm
38cm
M. Crank Length
160mm
165mm
165mm
170mm
170mm
172.5mm

The RA Perspective

The P5 Ultegra Di2 is how we'd tell most triathletes to get onto the P5 platform. The frame is identical to the Force AXS build — same TrueAero cutout, same Comfort Ply layup, same Speed Riser cockpit with 95mm of reach adjustment. The difference is the groupset and wheels, and at a $350 gap between this and the Force AXS, the decision usually comes down to drivetrain ecosystem preference.

Shimano Ultegra Di2 is a genuinely excellent electronic drivetrain. It's wired rather than wireless, which means there's no battery management overhead and the shifting is consistent and predictable whether you've ridden 10 miles or 200. For athletes already running Shimano power meters, computers, or Di2 accessories, staying in that ecosystem makes practical sense.

The Fulcrum Racing 400 DB wheels are functional and durable — they're not what you'd race on in a serious triathlon, and most athletes who buy this bike already know that. What we tell people is that the P5 platform is worth buying at this price and upgrading the wheels when budget allows. The TrueAero cutout is built to work with deeper carbon wheels up to 28mm rim depth, so the frame is already set up for that upgrade. A set of 60mm-plus carbon wheels transforms this bike into a race-day machine without touching anything else.

The Speed Riser cockpit adjustability is the same across the P5 lineup and it's genuinely one of the best fit systems on a production tri bike. Most athletes can get into a legal position without sourcing aftermarket extensions or paying a second fitting fee just for the aerobar setup.

If you're entering the triathlon world seriously and want a frame that can grow with you, the P5 Ultegra Di2 is where we'd start the conversation.

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The R&A Transporter Bike Box

Shipping bikes can be tricky. They are big and bulky but delicate. Shipping your passion / investment is nothing we take lightly. We go through great detail to ensure your new ride will get to you in perfect condition.

So you've purchased the bike of your dreams! We've put together this video to outline the R&A concept of shipping bikes and the steps we take to get you your new bike in perfect condition. It will show you the careful steps we take to assemble your bike to make it as easy as possible for you to get your bike on the road when you receive it. Ready to ride. It will also show you the tips and tricks of removing all of your parts in the most careful way to ensure your riding as quickly as possible.

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