Lotus Elan

The Lost Lotus: Restoring a Race Car

PostPost by: Stevie-Heathie » Mon Nov 14, 2016 10:28 pm

For UK folks: Channel 4 at 8pm this Sunday. Should be worth a look.

"Philip Gleinster and Ant Anstead restore a Lotus Elite from the 1950s which they plan to enter into a classic car race at Silverstone."

Best
Steve
1967 S3 SE DHC
1970 +2S (RIP - went out in a blaze of glory in 2001)
User avatar
Stevie-Heathie
Second Gear
Second Gear
 
Posts: 150
Joined: 08 Dec 2015
Location: Thames Ditton, Surrey

PostPost by: pharriso » Mon Nov 14, 2016 10:41 pm

Ant is a friend of a nephew, here's a preview clip https://youtu.be/71Rtfxlk6Y0
Phil Harrison
1972 Elan Sprint 0260K
User avatar
pharriso
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 1934
Joined: 15 Sep 2010
Location: Long Island NY, USA

PostPost by: Rob P » Mon Nov 14, 2016 11:07 pm

Just sold at Silverstone Auction at the NEC Classic car show
https://www.silverstoneauctions.com/lotus-elite

just a wee bit out of my price range :lol:
Last edited by Rob P on Mon Nov 21, 2016 7:02 am, edited 1 time in total.
Simplify and add lightness

Lotus Elan M100 - Norfolk Mustard Yellow
Lotus Elan S4 Coupe - Wedgewood Blue
User avatar
Rob P
Second Gear
Second Gear
 
Posts: 191
Joined: 10 Jun 2014
Location: Preston

PostPost by: john1180 » Tue Nov 15, 2016 1:18 am

Anyone know how I could find the formula for "UDT" green?
john1180
Second Gear
Second Gear
 
Posts: 145
Joined: 07 Feb 2005
Location: Seattle

PostPost by: Bud English » Tue Nov 15, 2016 2:49 am

Sitting here when I should be out in the garage, but I did a quick search and came up with this that "looks pretty close.''

"Although I would not try to say that I have produced an EXACT match of the colour, the very nearest match that we could see turns out to be a TOYOTA colour, reference 521."

Found here: http://forums.autosport.com/topic/52144-light-green/

That and a quick snack done, I'm headed back out to the garage. :)
Bud
1970 +2S Fed
"A common mistake that people make when trying to design something completely
foolproof is to underestimate the ingenuity of complete fools."-Douglas Adams
User avatar
Bud English
Fourth Gear
Fourth Gear
 
Posts: 654
Joined: 05 Nov 2011
Location: Winnemucca, NV, USA

PostPost by: peterexpart » Tue Nov 15, 2016 2:24 pm

Stevie-Heathie wrote:For UK folks: Channel 4 at 8pm this Sunday. Should be worth a look.

"Philip Gleinster and Ant Anstead restore a Lotus Elite from the 1950s which they plan to enter into a classic car race at Silverstone."

Best
Steve

I wonder what actual input Philip Gleinster had !!
PeterExpart
New Forest National Park
Hampshire UK
peterexpart
Second Gear
Second Gear
 
Posts: 222
Joined: 27 Nov 2012
Location: New Forest Hampshire UK

PostPost by: LorraineLH » Tue Nov 15, 2016 10:18 pm

Sold at the NEC last weekend for £121,500. Should be worth watching. :)
LorraineLH
First Gear
First Gear
 
Posts: 18
Joined: 20 May 2016
Location: Grayshott

PostPost by: billwill » Sun Nov 20, 2016 8:30 pm

This program is on at the moment.
Bill Williams

36/6725 S3 Coupe OGU108E Yellow over Black.
billwill
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 3872
Joined: 19 Apr 2008
Location: London UK

PostPost by: billwill » Sun Nov 20, 2016 8:59 pm

LorraineLH wrote:Sold at the NEC last weekend for £121,500. Should be worth watching. :)


The TV program finished with it selling for £108,000, So what happened here?
Bill Williams

36/6725 S3 Coupe OGU108E Yellow over Black.
billwill
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 3872
Joined: 19 Apr 2008
Location: London UK

PostPost by: LorraineLH » Sun Nov 20, 2016 9:03 pm

Not sure....perhaps that was what the new owner paid....including commission etc.
LorraineLH
First Gear
First Gear
 
Posts: 18
Joined: 20 May 2016
Location: Grayshott

PostPost by: Davidb » Sun Nov 20, 2016 11:12 pm

The auction house commission would have been about 15%. The auction houses do very well when a car sells...
'65 S2 4844
Davidb
Third Gear
Third Gear
 
Posts: 271
Joined: 02 Jul 2009
Location: Vancouver, Canada

PostPost by: billwill » Sun Nov 20, 2016 11:32 pm

LorraineLH wrote:Not sure....perhaps that was what the new owner paid....including commission etc.

Ah yes, I found that they charge 12.5% which added to 108,000 comes to 121,500.
Bill Williams

36/6725 S3 Coupe OGU108E Yellow over Black.
billwill
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 3872
Joined: 19 Apr 2008
Location: London UK

PostPost by: billwill » Mon Nov 21, 2016 12:03 pm

elansprint71 wrote:One of the CLOGs discovered this car round the corner from him a couple of years ago and was negotiating with the widow on it for some time. Then it was gone- you know where to.


I was surprised at £40K for a disassembled incomplete project.

I see from the auctioneer's blurb, that Malcom Ricketts was involved in inspecting the shell to decide if it was in good condition, which it was.

Remarkably little of the real renovation work was shown in the TV program, and some was 'faked' i.e. it showed Ant welding part of the roll cages, wheras the auctioneer's blurb says it was made by ..?.. (a specialist roll cage firm).

Nice demo of a Coventary Climax engine in its original role.
Bill Williams

36/6725 S3 Coupe OGU108E Yellow over Black.
billwill
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 3872
Joined: 19 Apr 2008
Location: London UK

PostPost by: Mazzini » Mon Nov 21, 2016 12:29 pm

Elite projects rarely come up for sale. A few months ago, on behalf of a friend, I looked at an Elite project close to Newcastle, that needed a ground up restoration, I believe it sold for £35k+, so £40k for chassis number 9 (wasn't it the first Elite to be sold?) with excellent race history...I think is about right, maybe even on the low side.

There have been a few road going Elites for sale over the last twelve months, they've all sold now, no more have come onto the market, I think there are just a few FIA racers for sale at the moment.
User avatar
Mazzini
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 1178
Joined: 11 Dec 2010
Location: NE UK
Next

Total Online:

Users browsing this forum: No registered users and 2 guests