An independent and foldable running exercise installation that includes: a platform that includes a chassis and, incorporated into the latter, a running track and its tensioning and driving means fixed to the front of the platform, two lateral uprights the top ends of which support a handlebar that includes two lateral branches connected by a linking part, and the ends of which act as handles. Each lateral upright is formed of a front arm and a rear arm which are in parallel and articulated by their lower ends on the side of the platform, on two pivoting axes, and by their top ends to the lateral branches on two pivoting axes. Since the first axis is higher than the second, the four axes forming a deformable parallelogram between a position of use in which the handgrips are more or less horizontal and the lateral uprights are more or less vertical, and a storage position in which the linking part is placed flat on the top of the platform and the lateral uprights on the sides of the platform. The installation includes removable means for locking the lateral uprights at least in the position of use.