This is a pre-Trek Bontrager. Prior to being bought by Trek, Bontrager made its own rear seat stays. Pre-Trek Bontragers, like this bike, have a weld in the overlapping material of the seat stays just below the brake mounts. Trek models have a one piece stay with no welds.
As for being a Race Lite, per Keith Bontrager's own words, which you can read on the archived pages of his personal website:
"The head tube of a Race lite frame is relieved on the forward facing side to save a few grams. It's thinner in the center, away from the ends of the tube, but only on the forward facing surface. The head tube sticker is placed on this surface, and there are two "ridges" on this surface, one about 1/2" down from the upper headset bearing seat and the other 1.5" up from the lower headset bearing seat that show where material was removed. The ridges are about 0.7mm deep, big enough to see easily. Race frames are not relieved this way."
Now see my 4th and 5th pictures, which show the head tube and seat stay.
She is in absolutely incredible condition, with only minor scratches in the paint and/or decals!
Email me and I'll send you my number.
Specs:
$1000 Bontrager Race Lite Frame
$200 Rock Shox Judy SL Fork
$250 White Industries Front Hub +
Coda Rear Hub +
Mavic 217 SUP Rims
$30 Panaracer Mach SS Tire + Tube
$30 Panaracer Mach SK Tire + Tube