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1959 Lotus Elite S1 Coupe

  • Chassis Number: 1222
The Lotus Elite was introduced at the Earls Court Motor Show in 1957. Until the introduction of the Elite, Lotus and founder Colin Chapman was famous for making racing cars to compete in road racing, hill climbs or club racing. The company's first attempt at a dual-purpose car that could be competitive in racing or driven on the road was the Elite. It proved to be a very capable machine both on or off the track, and would win six consecutive competition-class victories at LeMans.

It featured front and rear independent suspension, 4-wheel disc brakes, and a low 0.29 drag coefficient. Perhaps its most innovative feature was the fiberglass monocoque construction. Mimicking the construction of a fiberglass boat with an upper and lower section bonded together to create a monolithic load-bearing structure, a steel subframe was attached to support the engine and front suspension.

This particular example was owned, restored and raced by Bob Akin. Originally raced in Great Britain, the car was imported into the United States in 1985. Two years later it was purchased by Akin, who owned the car for 13 years until he decided to sell it in 2000. During his reign of ownership, Akin performed refurbishment, restoration and race-preparation work on the Elite at a cost of more than $100,000. The car is fitted with a Stage V 1,216cc Coventry-Climax engine built by Marcovicci-Wenz Engineering. The suspension and brakes have been upgraded and fine-tuned for maximum performance.

2017 Mecum : Monterey

Sale Price :
USD $44,000

1959 Lotus Elite S1 Auction Sales

Recent Sales of the Lotus Elite S1

(Data based on Model Year 1959 sales)
1959 Lotus Elite S1 Competition Coupe
Chassis#: 1159
Sold for USD$86,800
  2021 RM Sothebys : Arizona
 
1959 Lotus Elite Series 2 Coupé
Chassis#: 1390
Sold for USD$78,287
  2019 Bonhams : Les Grandes Marques du Monde au Grand Palais
 
1959 Lotus Elite S1 Competition Coupé
Chassis#: 1159
Sold for USD$112,998
  2017 Bonhams : Goodwood Revival
 
1959 Lotus Elite Series 1 Racer
Chassis#: 1222
Sold for USD$44,000
  2017 Mecum : Monterey
1959 Lotus Elite S1 image  1959 Lotus Elite S1 image  
1959 Lotus Elite
Chassis#: 1105
Sold for USD$80,521
  2016 H & H Auctions - Imperial War Museum-Duxford
 
1959 Lotus Elite Coupé
Chassis#: 1110
Sold for USD$71,872
  2015 Bonhams : The Zoute Sale
 
1959 Lotus Elite Series I
Chassis#: 1089
Sold for USD$80,300
  2013 Bonhams - Quail Lodge Auction
1959 Lotus Elite S1 image  
1959 Lotus Elite Competition Coupe
Chassis#: 1106
Sold for USD$116,857
  2012 Bonhams - Collectors' Motor Cars and Automobilia
 
1959 Lotus Elite Coupe
Chassis#: 1171
Sold for USD$30,149
  2003 Bonhams - Goodwood Revival
 

Lotus Elite S1s That Failed To Sell At Auction

1959 Lotus Elite S1's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1959 Lotus Elite Series 1 Coupe10522018 Bonhams : Amelia Island Auction $95,000$110,000
1959 Lotus Elite Series 110572013 Silverstone : The Silverstone Classic Sale   
1959 Lotus Elite Coupe14022009 Shannons Auctions 2009 Shannons Classic Vehicle Auction at MotorEx   

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1959 Lotus Elite S1

Additional valuation insight and sales data
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Other Lotus Elite S1 model years

1959 Lotus Elite S1 Vehicle Profiles

1959 Lotus Elite S1 vehicle information
Coupe
Chassis #: 1052
Engine #: 7566
1959 Lotus Elite S1 vehicle information
Coupe
Chassis #: 1222
1959 Lotus Elite S1 vehicle information
Coupe
Chassis #: 1089
Engine #: 10382
1959 Lotus Elite S1 vehicle information
Coupe
Chassis #: 1096