There were a total of 269 works from 22 countries competing in 2007 IF Eurobike Award, and only 47 pieces were awarded top three in each category. The result was announced during the opening ceremony of the Eurobike Show.

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IF Eurobike Award is a contest held by IF Design, together with Eurobike to prize the design and innovation effort of all those in the bicycle industry. Products submitted for the contest should be commercialized, and not only concept prototype. Winners of the IF Eurobike Award would be licensed to use IF EUROBIKE Award trade mark during a certain period of time, which benefit the manufacturers and retailers.