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£12,797

1974 Lola T-342 Race Car

United States • 10 Feb 2022

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Vehicle Details

AI Listing Summary

This is a 1974 Lola T-342 race car, campaigned in Mexican Formula 500 series and later in CVAR events in the US. It features a 1.6-liter inline-four engine, Hewland four-speed manual transaxle, and various racing modifications.

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Condition 

6

The car has been actively raced, with fiberglass repairs, a repaint, and replacement of wheels and rear uprights. While service has been performed, the presence of an expired Schroth harness and mentions of wear indicate it's not in top condition.

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Manual

Transmission:

[Chassis No]

Chassis No:

Odometer:

[Odometer Reading]

[Reg Number]

Reg Number:

RHD/LHD:

LHD


This 1974 Lola T-342 is said to have spent much of its life in Mexico and campaigned in the Mexican Formula 500 series before being brought to the US in 1998.

The car was acquired by the previous owner and was reportedly raced in CVAR events before being acquired by the seller in the spring of 2021.

Subsequent work included fiberglass repairs and a repaint in green, replacement wheels and rear uprights, a coolant change, and a refresh of the ignition components.

Power is provided by a 1.6-liter inline-four paired with a Hewland four-speed manual transaxle, and features include removable fiberglass body panels, an intake snorkel, a cut-down windshield, a roll cage, an LED rain light, a PerTronix digital rev limiter, a fire suppression system, coilovers, and disc brakes.

This Lola was last raced in October 2021 at Hallett Motor Racing Circuit in Oklahoma and is now offered in Texas with a log book, spare parts, and a bill of sale.

The removable fiberglass bodywork was reportedly ...

Points of note

£10,017

Lowest Price (Since 2020)

£12,797

Median Price (Since 2020)

£20,029

Highest Price (Since 2020)

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World Record

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Top 30%

The sale price places it in the top 30% of sold prices we've ever seen for the Lola T342

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Lowest Price

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Average Price

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen 5 sold before

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Previous Sales

Gallery

MOT Information

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Latest MOT Mileage

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Registration Date

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MOT History

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MOT Mileage Trend

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