Hi, Not long back into the Ducati world on my 1199 Pani, took a break for some Jap Crap did not last long. Just digging into some old pictures and found pictures of one I Bought new back in 2006. It was a limited Edition done by Ducati UK 749S
Looks like the foam in the rear tyre to prevent punctures is leaking (quite badly actually). I won't be so crass as to mention bins. It's burning oil and probably running rich judging by the smoke billowing out the back in shot 2. You were well-rid, clearly...