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  • 1961 Lotus Elite Type 14 valued at $115,000
  • Post author
    Paul Fraser
  • aroundauctioncarchapmanclassiccolineliteexpectedlotusmarketmodelpsracesrestorationtype

1961 Lotus Elite Type 14 valued at $115,000

A rare 1961 Lotus Elite Type 14 will be among the stars of H&H Classics’ July 26 vintage car auction .

It’s expected to sell for around £75,000-90,000 ($95,542-114,651) at the UK's Duxford Imperial War Museum.

Lotus Elite HH

The Lotus Elite was designed by company founder Colin Chapman 

The model was created by Lotus founder and legendary car designer Colin Chapman.

It debuted at the London Motor Car Show at Earl’s Court in 1957, wowing the crowds with its ground-breaking aerodynamic silhouette.

It’s also the first car to be built with an all fibreglass monocoque – dropping its weight to just under 700 kg.

This gave it a significant edge over more powerful, but heavier, cars during races.  

This example has recently undergone a serious round of restorations and is considered one of the finest on the market.

H&H Classics’ Nick Lumby said: “We are delighted to have the opportunity to offer this classic Lotus which not only benefits from period racing history but has also been subject to a meticulous restoration resulting in an extremely useable road car.

“In my opinion the Type 14 Elite is one of the most beautiful and accessible of Colin Chapman’s early creations”.

Other highlights include a 1933 Lincoln model KA town sedan, which is expected to reach £30,000-40,000 ($38,217-50,956).

A 1985 Adams roadster looks set to make £20,000-30,000 ($25,478 -38,217)

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  • Post author
    Paul Fraser
  • aroundauctioncarchapmanclassiccolineliteexpectedlotusmarketmodelpsracesrestorationtype