The history of the Lotus Mk3

   

Lotus Mark III was a single seated sports car built by Colin Chapman as a 750 Racer.
In 1951, Chapman began to focus on a car for road racing, rather than trials, to compete in the 750 Motor Club formula, which used the Austin 7 as a basis. To conform to the rules, Chapman had to retain the Seven's chassis, engine, gearbox, and rearend; with the assistance of Nigel and Michael Allen, he modified them to the limits of the rules. Chapman boxed the frame rails and added 14-gauge tubular cross-members for torsional stiffness. A sleek aluminum two-seater body, which weighed only 65 lbs. (29.5 kg), was added to cut down drag, and the engine was highly tuned. The car, for all its seeming delicacy, proved startlingly faster than the competition. It led to a demand for copies (an improved Mark IIIB was built for Adam Currie, for instance), as well as copies of the earlier Mark I. By the end of the racing season, it was apparent the Mark III was the best 750 Formula car in the country.
At this time, Chapman was still working full-time at British Aluminum, and creating cars at nights and racing them, with the help of enthusiastic volunteers, on the weekends, but it was clear from the performance of the Mark III, and the demand, there was an opportunity here. Following this successful year, on January 1, 1952, Chapman established Lotus Engineering Company, with Michael Allen becoming Chapman’s first business partner. They set up shop in a disused stable in Hornsey.

Lotus for sale

   
Lotus Seven
1965 Cambridgeshire
GBP29,500
Private sale Views: 3507
Lotus Seven S3
1973 Kent
GBP4,100
Private sale Views: 3605
Lotus Europa S2
1970 Devon
GBP5,995
Private sale Views: 17977
Lotus Europa
1973 Dorset
GBP12,995
Trade sale Views: 14236
Lotus Esprit S1
1988 Aberdeen
GBP4,700
Private sale Views: 4077
Lotus Esprit
1985 London
GBP11,995
Trade sale Views: 12656