No, it is not an elefant.
Seems like it's a purposebuilt frame.
Double disc and 38 Ceriani at dirttrack ??
Maybe it is on one of the TT courses they ran , with jumps and so. Supermotard avant la lettre
To see more pics : click on the link, then go to home and search for Adamo.
Some pics of BOTT at Laguna but mostly 851 era superbike.
Nice pic though,
ciao
ducadini