1970 Lotus 70 Formula 5000

VIN: F5001

$95,200

Sold

1970 Lotus 70 Formula 5000

Seller details

Vehicle specs

  • Chassis/VIN

    F5001

  • Body style

    Single Seater

  • Engine Type

    V8

  • Induction

    4x2

  • Interior Color

    Black

  • Exterior Color

    White

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

5-liter Chevrolet V-8, quadruple Webers, Hewland 5-speed, Avon tires, wings.

Condition

#3 Good

Runs and drives well. Flaws not noticeable to passersby. Most common condition.

About Hagerty’s condition ratingsClose

Unclear early history but vintage raced in the U.K. and Europe during the 1990s and 2000s. Damaged in 2010 but repaired. Essentially in race car condition. Very cool, probably terrifying.

Market commentary

Run from 1968-82, Formula 5000 was an open-wheel series for cars with a maximum displacement of 5 liters that offered near-F1 levels of speed but at a much lower cost. Lotus was neither very committed to nor particularly successful in F5000 relative to McLaren and Lola and this one's history isn't clear, but it's not pretending to be anything it's not. It would make a cool toy for historic racing, and is priced accordingly.

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