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The Lola T460 was used in Formula Atlantic and Formula 2 competition. Its basic design was borrowed from its predecessor, the T-360 Atlantic, but brought with it new innovations and improvements throughout the vehicle. It was raced with success in the US Atlantic Series by individuals such as Tom Klauser, Bertil Roos, and Hector Rebaque who drove for Carl Haas. Klauser was able to score some impressive 2nd place finishes through the 1976 season, though beating Gilles Villeneuve in his March proved to be rather difficult.

Much of the Lola T460's body is comprised of fiberglass. The chassis an aluminum monocoque with upper A-Arms, coil overs, and lower wishbones in the front. In the rear there are lower reverse wishbones, coil overs, and dual trailing rods. The steering is of conventional rack setup with the brakes utilizing Lockheed 4-pot calibers with vented rotors in the front and rear. The front breaks are leading while the rear are inboard. The Hewland FT-200 five-speed gearbox is mated to a four-cylinder engine, compliant with the rules Formula Atlantic.

Formula Atlantic

The SCCA Formula B class was created in the 1960s as a single-seat formula series with engine capacities not to exceed 1600 cc in capacity. The Formula Atlantic class began in England in 1971 and borrowed the rules form the US Formula B series. The engines, mostly provided by Costworth / Ford, were 1600 cc in capacity and featured twin-cams. The performance of the cars were similar to the Formula Two series but the cost was considerably less. This was the goal of the founder of the series, John Webb. The chassis of the cars were similar to Formula Two and Formula Three cars, which made production of the Formula Atlantic vehicles easier for the manufacturers that were familiar with the F2 and F3 series. Marques such as Chevron, Ralt, Lotus, Brabham, March, and Reynard produced vehicles for this series.

Formula 2

Formula 2, commonly abbreviated as F2, was introduced in 1947 and would remain in existence until 1985 when it was replaced by Formula 3000. F2 enabled drivers who could not get a seat in Formula 1 to compete internationally. In terms of open-wheeled auto racing, Formula One is the pinnacle of the sport and the dream of the aspiring driver. The high speeds and costs associated with F1 are great; F2 has provided a means of allowing a driver to mature and gain experience before venturing on to the next step. In pre-war time, the F2 sport was often known as 'voiturette' which means 'small car.' Voiturette racing cars were permitted 1.5-liter supercharged engines while the Grand Prix cars were allowed 3.0-liter supercharged or 4.5-liter size in naturally aspirated form.

After the war, Formula A and B were introduced, later known as 1 and 2 respectively. Formula A allowed 4.5-liter supercharged cars. Formula B/2 had smaller, less powerful cars than those used in Formula A/1. The rules stated that the engines in F2 were to at most 2-liters in size; 750cc if a supercharge was used. This allowed smaller marques to build racers without having to compete with the most dominate and well-established manufacturers.

In 1952-53 Formula 2 counted for the Drivers World Championship, since Formula One had become so expensive that were so few entrants. Non-championship F1 races were still held during this time. In 1954 the rules of F1 changed allowing 2.5-liter engines which drew some of the popularity away from F2. F2 rules were changed in 1957 limiting engine sizes to 1.5-liters. The dominant engine of choice was the Coventry-Climax FPF four-cylinder.

In 1967 FIA introduced the European Championship for Drivers for F2 category. This had many Formula One drivers switching to F2. The grading system in F2 allowed this; any driver with an 'A' grade was not permitted to score championship points. The 'A' grade was earned through various means such proving themselves in Grand Prix or World Sports Car events. This allowed the less experienced drivers the opportunity to works towards a championship victory and to mature their careers. It allowed the seasoned drivers an opportunity to continue their driving passion and improve their skills during the off-season of Grand Prix racing.

In 1972 the engine size was increased to 2-liter production based engines. In 1976 the rules were modified to allow engines that had been created if the intent were purely for racing. Near the close of the 1970's and into the early 1980's, the costs to compete had sky-rocketed. Works racers had become the dominate force of contention and privateers were unable to keep pace. Interest in the sport dwindled as drivers left for other series. By 1984, the Formula Two series was replaced with Formula 3000.

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1976 Lola T460
Year	1976
Make	Lola
Model	T460
Body Style	Formula Atlantic
Engine Location	Mid
Drive Type	Rear Wheel
Body / Chassis	Aluminum monocoque chassis and Fiberglass body
Combined MPG	0.00

Engine
Engine Builder	Cosworth
Engine Configuration	I
Cylinders	4
Aspiration/Induction	Normal
Displacement	1600.00 cc \| 97.6 cu in. \| 1.6 L.
Fuel Type	Gasoline - Petrol
Fuel Feed	Carburetor

Standard Transmission
Gears	5
Transmission	Manual
	Hewland FT 200

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1976 Lola T460