Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2
Lot 18
1965 Lola T70 Mk1 Spyder

Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs
Sold for £270,300 (US$ 337,250) inc. premium

Lot Details
Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2 Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs,1965 Lola T70 Mk1 Spyder  Chassis no. SL70/2
Offered by order of the creditors of the late Terence J O'Reilly; the ex-David Hobbs
1965 Lola T70 Mk1 Spyder
Chassis no. SL70/2
*The second Lola T70 Spyder built
*Extensive in-period race history
*Fully rebuilt in the 2000s
*Highly competitive and immensely successful
*Twice winner of the Whitsun Trophy at Goodwood

Footnotes

  • Lola's sublimely beautiful T70 spyder sports-racer is historically significant as winner of the first ever Can-Am Championship. It was designed and manufactured by Lola Cars Ltd, of Bromley, Kent, a relatively young company that had been building competition cars for only seven years prior to the T70's introduction in 1965. From humble beginnings – the prototype Mark 1 sports car emerged from a garage behind the Broadley family's tailoring shop in Bromley in 1958 – Lola Cars quickly established a winning reputation and grew to become a major force in world motorsport. Eric Broadley, his cousin Graham and Rob Rushbrook, at whose garage premises the first customer production versions were made, were the architects of the early success, which continued with a front-engined, single-seater Formula Junior, the Mk2.

    Among Broadley's early projects was the Mk6 GT coupé, which had been designed to take advantage of readily available American V8 engines that offered the ideal combination of compact size and adequate performance. Lola's first monocoque design, the Mk6 GT became part of Ford's Le Mans programme in 1963, Broadley having been hired by the American company to assist with the development of what would emerge as the all-conquering GT40. At odds with his American bosses, Broadley left in 1964 and the following year, having penned a handful of Formula 2 monopostos, returned to sports cars with a new design for Group 7 racing: the T70. Effectively a 'formula libre' for sports prototypes - enclosed wheels and provision for an onboard spare were just about the only regulations - Group 7 was becoming popular on both sides of the Atlantic and the potential market for such cars looked promising.

    Designed to accept American V8 engines, the T70 Spyder incorporated a full-length monocoque body tub fabricated of aluminium panels on a steel framework, the engine being bolted to the firewall bulkhead as a semi-stressed member. The suspension was conventional, boasting unequal length wishbones and coil spring/damper units all round, though the positioning of the disc brakes inboard of the wheels was an unusual feature, adopted in the interests of better cooling. Hewland's new LG500 gearbox was specified, this magnesium-cased unit having been designed specifically for use with large-capacity V8 engines. Enclosing this ensemble was one of the most beautiful bodies ever to grace a racing sports car, the glassfibre panels of which were produced by Specialised Mouldings.

    John Surtees was one of the first customers for the T70, running what in effect was a 'semi-works' team in 1965. Traco-prepared Chevrolet V8s were used, a 5.0-litre unit at first and then from mid-season a 5.9. A Mk2 version of the T70 became available before the end of the '65 season, Broadley taking advantage of the forthcoming deletion of the 'spare wheel' requirement to redesign the nose, replacing the original twin radiators with a large single unit while incorporating a host of detail improvements to both chassis and suspension. The result was a car, which in prototype form was driven to a convincing victory by Surtees in the Guards International Trophy at Brands Hatch on the August bank holiday weekend. Surtees then wrote off the prototype Mk2 at Mosport Park in Canada following a suspension failure, sustaining injuries that put him out for the rest of the season.

    He bounced back in 1966, winning three of the inaugural Can-Am Championship's six races for Lola and defeating rivals McLaren and Chaparral in the process. Privately entered T70s won two of the other races making it a magnificent five out of six for Lola. Surtees' success capped what had been a tremendous year for the British manufacturer in North America, Graham Hill already having won the celebrated Indianapolis 500 in a T90.

    Although the works McLarens would dominate Can-Am for the next five years, the Lola T70 remained a popular choice for privateers, among whom it was rated as the sweetest handling of the customer cars. Given its Can-Am origins, it is not surprising that the long-serving T70 family of sports cars was better suited to sprint events, yet against the odds a Mk3B coupé entered by Roger Penske lasted the distance to win the coveted Daytona 24 Hours endurance classic in 1969.

    The second Lola Mk1 T70 Spyder completed, 'SL70/2' was delivered new on 20th March 1965 to Ian Yates of Long Melford, Suffolk (Harold Young Racing), for David Hobbs to drive. Born in 1939, David Hobbs would go on to enjoy a 30-year career at the pinnacle of international motor sport, with drives in Formula 1, Formula 5000, Indycar, Trans-Am, and endurance racing. It was in the latter discipline that he excelled, finishing 3rd overall at Le Mans on two occasions and winning his class there twice.

    Hobbs raced 'SL70/2' successfully throughout the 1965 season in international races at Goodwood, Oulton Park, Mallory Park, and Brands Hatch before shipping it to the USA to race at Mosport and Riverside in the emerging Can-Am series. The car then remained in the US and was sold to well-known racer, Monte Shelton, who continued to race it in SCCA National and Can-Am races during 1966.

    The car remained in the USA until 2001, passing between two further owners, before returning to the UK in the ownership of well-known racing driver and motor dealer, Frank Sytner. Sparing no expense, 'SL70/2' was then fully rebuilt and prepared by Simon Hadfield and fitted with a Tim Adams built Chevrolet V8 engine. The related bills (on file) total many tens of thousands of pounds. More recently the car has been maintained by Pearson Engineering.

    In Frank's hands 'SL70/2' proved to be highly competitive and immensely successful, notably winning the Macau Grand Prix in 2003; the Grand Prix Age d'Or Dijon in 2005; and the Whitsun Trophy race at Goodwood twice, achieving fastest lap of the meeting there in 2007 with a time of 1:20.784.

    A superb example, exceptionally rare and highly competitive, this iconic sports-racing Loa T70 Spyder is offered with sundry restoration invoices, various results sheets, some period photographs, and a copy of the 1965 Goodwood programme.

Saleroom notices

  • We can confirm that this Car has recently benefitted from servicing, preparation and general maintenance by JD Classics.
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