An apparatus permitting a user to perform a simulated bicycling exercise is provided. The design includes a base, a frame comprising a head tube, and a lower front pivoting point connected to the base and an upper rear pivoting axial member positioned a fixed distance above the base. The lower front pivoting point and the upper rear pivoting axial member include a multiple component resistive element arrangement and collectively defining an axis of rotation, the axis of rotation forming a fixed angle relative to the base of 30 to 45 degrees, sloping upward in a rearward direction from the front pivoting point to the upper rear pivoting axial member. The design further includes a stem connected to a handlebar arrangement, the stem passing through the head tube and connected to the base by a connection arrangement comprising an arm.