Thanks for the sample file (provided via private message for some confidential reasons).
Some notes:
The drawing consists of a great number of paths (more than 7.000) with a huge amount of anchor points (about 420.000) and about 1.300 nested clipping masks. That alone may be the major reason why you are facing application crashes. You would first have to simplify the paths with the Object menu > Path > Simplify mechanisms. Experiment with the various settings to get a good result. But be a bit patient if you use the Simplify command with all paths selected at once. The process may take up to 15 or 20 minutes because there are so many anchor points that have to be analysed. You may then repeat it to further reduce the number of anchor points.
There is a rectangular clipping path and outside that clipping path there are a lot of objects. Do you really need these objects? If not, try to delete anything that is not required.
Also, if you are then be able to use the way Jacob suggested, you may consider to finally rasterize the coloured version of the bicycle (assuming that the bicycle is the compound path that should serve as a clipping path). It's perhaps a matter of taste, but it would certainly improve the overall performance of the file.