Lola T700 classic cars for sale
The Lola T700 is a highly specialized open-wheel racing chassis, engineered for cutting-edge competition in the 1983 CART IndyCar series. With only three units ever built and significant achievements under Mario Andretti, this rare racing machine embodies elite motorsport technology and exclusivity.
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1983 | Lola T700
1983 Lola-Cosworth T700
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Create listingLola T700 Classic Cars: Prices & Market Values
History of the Lola T700
Lola Cars introduced the T700 in 1983 as their contender for the highly competitive CART IndyCar series. With an emphasis on innovative aerodynamics and advanced chassis engineering, Lola designed the T700 to challenge established teams in American open-wheel racing. Its debut season saw Mario Andretti pilot the car to two race victories and a total of six podium finishes, concluding the championship in third place. Despite the short production run—limited to just three cars—the T700 demonstrated the technical prowess and ambition of the British constructor within a heavily US-dominated field.
Model History
The Lola T700 appeared in the 1983 racing season as Lola's response to the increasingly specialized demands of CART competition. While building upon experience gathered with previous models like the T500 and T600 series chassis, the T700 focused exclusively on extracting maximum performance for road courses and street circuits. It was not succeeded by a direct model, as subsequent Lola efforts in the US open-wheel scene took different design approaches based on the ongoing evolution of regulations and competitive strategies.
Highlights and Special Features
The Lola T700 stands out primarily due to its exceedingly low production number, with only three chassis ever constructed. All competitive outings were driven by Mario Andretti, a testament to its positioning at the very top end of the motorsport spectrum. Key technical elements included the use of the potent 700 hp Ford-Cosworth DFX engine, a hallmark of dominance in 1980s American open-wheel racing. The T700 also directly contributed to Lola's growth and reputation in international motorsport.
Technical Data
Special Editions and Collectible Models
Given only three T700 units were ever produced, each individual chassis represents a rare collectible in itself. All are closely connected to Mario Andretti’s 1983 IndyCar campaign and its associated race results, making provenance and original parts authentication crucial aspects when evaluating a T700 on the market.
Engine, Performance, Transmission and Handling
At the heart of the Lola T700 is its 2.65-litre Ford-Cosworth DFX V8, a staple in top-tier IndyCar racing. Mated to a competition-grade gearbox and race-tuned suspension, the T700 was engineered for maximum acceleration, precise cornering, and high-speed stability. Its race credentials include victories at Road America and Caesars Palace, as well as consistently strong results against the era’s finest machinery. The only variants produced of the T700 are the original three chassis, all with identical core specifications and each with its own race history.
Interior, Comfort, Exterior and Design
As a dedicated racing single-seater, the Lola T700’s cockpit is minimalist, built around the driver's ergonomics and essential controls for race operations. Exterior design is dominated by aerodynamic wings and sculpted bodywork optimised for road and street circuits. Material choices focus on weight reduction and safety, utilising composites and meticulously fabricated metal components. Unique livery and sponsorship details from the 1983 season enhance each individual chassis’s visual identity.
Summary
The Lola T700 represents a unique artifact of early 1980s motorsport engineering: technically ambitious, extremely rare, and closely associated with top-tier competition. With only three produced and a storied racing pedigree in the hands of Mario Andretti, the T700 occupies a singular place in both Lola’s history and the global collection of classic racing cars.