There are two options; PMR licence free radios or Bluetooth
Just don't expect your mates to be able to hear you at anything over 40mph. Don't use VOX as they'll end up ripping your radio off you and chucking it of a convenient precipice. Use PTT (Press To Talk), that way your interference and wind noise will only be when you're trying to speak.
If you're serious about getting bike to bike comms kit then you'll need to look at spending £100+ on radio and quality noise cancelling headset. The noise cancelling bit is the most important aspect of the whole package. A used Kenwood TK3201 or, alternatively, a Puxing PX777 or PX888 from Hong Kong (make sure it's the UHF version) plus a
McKay headset (
UK importer) will work very well but won't accommodate any other input like sat nav, phone, MP3 etc. For this you'd need a full intercom set-up such as Autocom or Starcom which will cost quite a bit new but can be had 2nd hand off eBay for reasonable money.
If your riding buddies are using Bluetooth kit then you'll need to do the same, in fact you'll need to ensure that you have the same brand as compatibility is and issue as the long range BT, not having a standard, is proprietary to each manufacturer. Also bear in mind, as Pablo1 said above, that Bluetooth systems have a limited number of headsets that can communicate as a group, this is usually only 3 or 4 at most.
Range will vary greatly depending on many factors. PMR will generally be better and can be enhanced with external antennas etc. To avoid disappointment don't believe manufacturers claims on range for PMR kit, they are all vastly exaggerated. A mile or two at most unless you use external antenna and even then still not much more. We were getting a usable maximum of about 3 miles in France this year (external antenna and 4W). Mountain top to mountain top, with the right atmospherics, you could get quite a bit more, maybe 10 miles. However, you don't encounter these perfect scenarios when riding, in fact you tend to be in close to the worst environment for RF transmission.
Consider this though; Nasa's Curiosity, now on the surface of Mars, can transmit back to Earth, when it's not relaying via the two orbiters, using a mere 10 watts
The receiving antenna here is rather special though, a little more than a 5/8 wave GPI antenna
