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$ 275,000

Lola T70 Mk1

Description:

Recently rebuilt to MK1 specifications, this 1965 Lola T70 MK1 Spyder, SL70/05, is one of few built by the marque and a rare example raced under Ford V8 power. 

After debuting at Silverstone in 1965, SL70/05 completed a number of races under the ownership of David Good. Amongst these was the Brands Hatch Guards International Trophy, where it was driven by Roy Pierpoint. Period film exists from this event showing the car in action.

SL70/05 was then taken to South Africa for the Sunset Series, competing in the 1965 Kyalami 9 Hour.

Early in 1966 SL70/05 was used as a camera car for the filming of Steve McQueen’s unfinished F1 movie “Day of the Champion” driven by Sir Stirling Moss, Sir John Whitmore and, it is reported, by McQueen himself at the Nürburgring. Footage of the car can be seen in the recently released documentary “Steve McQueen: The Lost Movie”.

In 1967, SL70/05 was acquired by South African racer and constructor Doug Serrurier, and went on to compete extensively in southern Africa, including multiple entries in the Kyalami 9 Hour. Results include first in the Rand Grand Prix with Paul Hawkins, second in the 1965 Rhodesian Grand Prix with Hawkins, wins in the Lourenco Marques 3 Hour and Roy Hesketh 3 Hour, and, reportedly, the first 100 mile per hour lap at Kyalami.

After its long and successful period race career, this T70 was lost for many years. The remains, including some chassis parts, a gearbox, four suspension corners, most of the steering assembly, two sets of wheels and numerous other parts were discovered in South Africa after some detective work by local enthusiast Jannie Van Aswegen. 

The project was sold to a collector in Australia, where it was subsequently resold and partially restored to MK2 spec in New Zealand.

The current custodian acquired the car thirteen years ago and set about completing the restoration with guidance and key components from of Chris Fox from Fox Racing Developments in the UK. It was then raced in a number of historic races at Wanneroo Raceway in Western Australia.

Most recently, the vendor completed a second restoration to return the vehicle to correct MK1 specifications, including a new MacClendon MK1 design chassis and lightweight body, with period-correct MK2 rear suspension modifications understood to have been done to many MK1 cars in late 1965 and early 1966.

A period-correct Ford 289 block and heads set formed the basis of the fresh race engine, complete with correct Italian Weber IDA 48’s, eight-into-four sand bent exhaust and AVIAID 289 GT40 oil pan. The engine was built by Dick Savy in Melbourne and has only been run for dynamometer tuning since. The engine is paired with an original Hewland LG500 four-speed manual transmission (Serial #LG500-26) that is similarly low use, having only been run for approximately six hours post full rebuild.

The handling package includes all-magnesium uprights and wheels, Koni 8211 shocks (dyno tested and valved for the car), a range of Eibach springs, AN-specification fasteners and many other details that were chosen to preserve accuracy while maintaining pace, safety and reliability. 

The cockpit features period-correct Smiths instruments, aside from a digital Stack chronometric tachometer, which was selected for its reliability.

This T70 will be supplied with a range of spares including six extra Hewland gear ratio sets, twelve new Eibach springs in a range of rates, ITG Racing air filters, and a collection of original suspension parts, uprights, and drive shafts which were replaced during the restoration.

SL70/05 is well documented in John Starkey’s book ‘Lola T70: The Racing History and Individual Chassis Record’, which is respected as the near-definitive guide to the model. The book references the current owner amongst the ownership history.

A letter from Doug Serrurier will also accompany the vehicle, detailing SL70/05's ownership prior to it arriving in Australia. Complementing this is a collection of dyno sheets, photos, magazines, race programs and copies of programs from its competition history.

Service receipts for the engine rebuild plus receipts for most major restoration components will also be provided.




Keyword Search Terms:

Lola, T70, Can Am, sports prototype, Ford

Details:

Seller: dassar19
Joined May 2022
  Darren Smith
Seller's other listings
Country: Australia
City: Western Australia
Phone: +61 419252246
+61 419252246
Currency: USD
Condition Rebuilt
Trade or Private: Private
Price: $275,000
Added: 07/10/2022
Views: 180

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