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1966 Lola T70 MKII Spyder

Eric Broadley founded Lola Cars in 1958 in Huntingdon, England. His first 'production car' was the Lola Mark 1. One of Broadley's more interesting cars was the Lola MK 6 GT, which the Ford Motor Company later successfully raced as their GT 40.

This Lola T70 MK II was the last of 67 Spyders built. The car was sold by John Mecom, the original U.S. distributor, in 1966 to Richard Galloway. With driver Ross Greenville of New Zealand, the car raced successfully in the Can-Am Series and SCCA Nationals, which included such race tracks as Bridgehampton, Laguna Seca, Las Vegas, Riverside, Road America, and Watkins Glen.

The car was involved in an accident at Bridgehampton. The car was traded-in to Illinois-based Carl Haas, the subsequent U.S. distributor for Lola Cars, for an Mk II Coupe replacement. Haas renovated SL7/36 before selling it on June 14th of 1973 to Colorado club racer John McDonald for $4,800. At the time, the car was described as 'Used Lola T-70 MK S.N SL71/36 Can-Am roller with transaxle, repaired chassis, rebuilt suspension.'

Mr. McDonald used the car in a few SCCA regional events before ownership passed to Mac McLendon of Santa Ana, California on September 23rd of 1979 for $3,500. McClendon eventually restored the car to as-new condition, using most of the original chassis and other fit components. It was sold to the current owner in 2008. Since that time, the car has enjoyed a three-year National Historic Race career, scoring six 1st place overall and class victories, three 2nd places, and three 3rd places. The car was crowned the overall champion in Bobby Rahal's 2010 Legends of Motorsports United States Road Racing Championship (USRRC). In 2011, the car was award Best in Class trophy at the Amelia Island Concours d'Elegance.

The car is powered by a 5.7-liter Chevrolet V8 engine fitted with side-draft Weber carburetion on a crossflow manifold and offering 578 horsepower. There is a Hewland LG 500 four-speed transaxle and four-wheel disc brakes.

By Daniel Vaughan | Apr 2014

2014 RM Auctions - Amelia Island

Pre-Auction Estimates :
USD $295,000-USD $395,000 
Sale Price :
USD $286,000

1966 Lola T70 MKII Auction Sales

Recent Sales of the Lola T70 MKII

(Data based on Model Year 1966 sales)
1966 Lola T70 Mark II GT Coupe
Chassis#: SL71/46
Sold for USD$406,500
  2023 Bonhams : Quail
1966 Lola T70 MKII image  1966 Lola T70 MKII image  
1966 Lola T70 Mk II Spyder
Chassis#: SL71/28
Sold for USD$296,500
  2022 RM Sothebys : Monterey
 
1966 LOLA T70 MK II SPORTS-RACING SPYDER
Chassis#: SL71/28
Sold for USD$110,000
  2020 Bonhams : Quail Motorcar Auction
 
1966 Lola T70 Mk II Can-Am Spyder
Chassis#: SL71/36
Sold for USD$286,000
  2014 RM Auctions - Amelia Island
1966 Lola T70 MKII image  1966 Lola T70 MKII image  
1966 Lola T70 MkII GT Coupe
Chassis#: SL71/39
Sold for USD$324,000
  2012 Bonhams - Quail Lodge Sale
1966 Lola T70 MKII image  1966 Lola T70 MKII image  
1966 Lola T70 MKII Can Am Spyder
Chassis#: SL7140
Sold for USD$125,000
  2004 The Monterey Sports and Classic Car Auction
 

Lola T70 MKIIs That Failed To Sell At Auction

1966 Lola T70 MKII's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1966 Lola T70 MkII RoadsterSL71/442022 Mecum Indy$275,000  
1966 Lola T70 Mark II SpyderSL71/282019 Bonhams : Les Grandes Marques du Monde au Grand Palais $300,000$400,000
1966 Lola T70 MK 2 SpyderSL 71/452018 Coys : Legende et Passion Monaco 2018 $350,000$390,000
1966 Lola T70 Mk IISL 71/292017 Artcurial : Retromobile $250,000$350,000
1966 Lola T70 Mark II SpyderSL71/222013 Bonhams The Scottsdale Auction $300,000$400,000
1966 Lola T70 Mk2 SpyderSL71/452010 Bonhams Goodwood Revival, Chichester, Sussex $290,000$340,000

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1966 Lola T70 MKII vehicle thumbnail image  1966 Lola T70 MKII vehicle thumbnail image  
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1966 Lola T70 MKII vehicle thumbnail image  1966 Lola T70 MKII vehicle thumbnail image  
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1966 Lola T70 MKII

Additional valuation insight and sales data
History
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Other Lola T70 MKII model years

1966 Lola T70 MKII Vehicle Profiles

1966 Lola T70 MKII vehicle information
Spyder
Designer: Eric Broadley
Chassis #: SL71/21
1966 Lola T70 MKII vehicle information
Coupe
Chassis #: SL71/46
1966 Lola T70 MKII vehicle information
Spyder
Designer: Eric Broadley
Chassis #: SL71/36
1966 Lola T70 MKII vehicle information
Coupe
Chassis #: SL71/39
1966 Lola T70 MKII vehicle information
Spyder
Designer: Eric Broadley
Chassis #: SL71-44
1966 Lola T70 MKII vehicle information
Spyder
Designer: Eric Broadley
Chassis #: SL71/35
1966 Lola T70 MKII vehicle information
Spyder
Designer: Eric Broadley
Chassis #: SL.71/34
1966 Lola T70 MKII vehicle information
Spyder
Designer: Eric Broadley
Chassis #: SL71/22