1967 Lola T70 MkIII

For Sale

£525,000

For Sale

chassis number:  SL73/115 
engine:  5.7L Chevrolet V8
gearbox:  Hewland LG600
preparer:  Pursuit Racing, Bicester
FIA HTP:  valid until 31/12/25

  • originally built by Lola as a T70 MkIII Spyder
  • run by Carroll Shelby for Peter Revson in Can-Am races in period
  • rebodied as a Coupe and raced extensively in historic racing since 2001
  • prepared to front-running standard by Pursuit Racing, with fresh Steve Warrior engine
  • previous competitor at Le Mans Classic with provisional entry to Le Mans Classic 2025 included in sale
details

background

The Lola T70 was arguably the most iconic racing car built by Lola Cars, certainly on the sportscar side.  It was become the dominant car in Can-Am in 1966 with John Surtees as champion and is widely recognised as one of Lola’s most successful designs. 

From 1967, they became a mainstay of international sportscar racing for several years to come. The same attributes of strength and affordability that appealed then have made them highly attractive for modern historic racing where they remain front-running cars in Peter Auto’s Classic Endurance Racing series.

history

Chassis SL73/115 was completed on 19 July 1967 and built with a Spyder body. The car was exported to Carroll Shelby of Shelby American Racing for Peyton Cramer, his former vice president of Shelby American Inc. for Formula 1 driver Peter Revson.

At the end of the 1967 season, the car was sold back to Carroll Shelby who had sponsorship from Ford for a season of Can-Am Racing with Peter Revson once again at the wheel. Re-painted Shelby Blue, the car competed in the opening two rounds of the 1968 United States Road Racing Championships (USRRC) finishing 3rd at Mexico City. 

After several seasons racing in the USA, the car was retired and then restored by Jerry Welchers in the early 1980s. It was subsequently used to great effect by former BTCC Champion and respected historic racer Frank Sytner from 2001.

The current owner purchased the car in 2019 and commissioned Martin Stretton Racing to fully reprepare the car as it had been unused for five years. Since then, the car has been prepared to the highest possible level with no expense spared. 

It has been a regular competitor on Peter Auto’s Classic Endurance Racing 1 grid for five years and has run at the last two editions of Le Mans Classic where it is entered to race once more next season. 

specification 

Chassis SL73/115 car is fitted with a top spec 5.7L Chevrolet V8 engine supplied by Steve Warrior Motorsport in 2022 which produces 557 bhp and 535 lb/ft of torque. It was fully rebuilt in July 2024 and has only run for 2 hours of its 45-hour life since then. 

A Hewland 5-speed gearbox transfers power to the rear wheels, the magnesium cased LG600 having been designed specifically for use with high output V8 engines and has run for 16 hours. 

The car has valid FIA Historic Technical Papers until the end of the 2025 season with the belts, fuel tank and fire system certificates valid until 2026. The car comes with an extensive selection of running spares. 

chassis number:  SL73/115 
engine:  5.7L Chevrolet V8
gearbox:  Hewland LG600
preparer:  Pursuit Racing, Bicester
FIA HTP:  valid until 31/12/25

  • originally built by Lola as a T70 MkIII Spyder
  • run by Carroll Shelby for Peter Revson in Can-Am races in period
  • rebodied as a Coupe and raced extensively in historic racing since 2001
  • prepared to front-running standard by Pursuit Racing, with fresh Steve Warrior engine
  • previous competitor at Le Mans Classic with provisional entry to Le Mans Classic 2025 included in sale
We love the quality of the preparation by Pursuit Racing, the eligibility of this historic car and the sheer bloody beefiness of this classic sports racing car.
Our thoughts

In many ways, what appeals about a T70 today reflects what made it so popular with racers in period: capable performance, predictable handling, stability at high speeds and relative affordability to run.

This car provides the opportunity to be a part of racing grids with other icons of sportscar racing including Porsche 908s, 917s, Ferrari 512s and McLaren M6s to name a few. The popularity of this era of race cars is evident with the Peter Auto CER1 grid regularly being at full capacity and drivers piloting T70s commonplace on the podium.

Historic motorsport has changed hugely in the last twenty years and the best front-running cars are now prepared to a level far in excess of that in period. Reliability and safety are pretty much a given and so the prospect of racing a 200 mph car is perhaps a little less daunting than 50 plus years ago.

The Lola T70 is a watchword for epic but benign performance and was the third competition car that the current owner ever raced, just two years into his racing career.  We love the quality of the preparation by Pursuit Racing, the eligibility of this historic car and the sheer bloody beefiness of this classic sports racing car.  Le Mans Classic in 2025 in “115” would be as good a racing experience as we can imagine.  As the man said, “Racing is life, everything else is just waiting…”

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