Parnelli Jones 1966 Lola T70 MK II

Estimate: $450,000 - $500,000

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At a Glance
  • Location
  • Wixom, MI
  • Vehicle Make/Model
  • Lola T70
  • Chassis No.
  • SL/71/44
  • Exterior
  • Metallic Blue Livery
  • Interior
  • Full Race Interior
  • Engine
  • Chevy Small Block V8
  • Transmission
  • Magnesium FG 500 Gear Box
  • Brakes
  • 4-Wheel Disc

The 1966 Lola T70 Mk II 

Lola Racing Cars Group introduced the T70 in 1965, building over 100 examples with three variations over the production life to 1969. The T70 was designed for endurance racing with excellent aerodynamics and flowing lines for the period. The chassis was constructed with an aluminum monocoque that was both lightweight and rigid. In the Can-Am Championship, the Lola T70 saw immediate success with John Surtees piloting a T70 to take the 1966 season Championship.

This 1966 Lola T70 Mk2 Spider, chassis no. MSL71-44, is a fantastic race ready Can Am spec racing car, with an exciting and detailed history in American motorsports. This Lola was initially owned by John Mecom and piloted by the great Parnelli Jones, originally equipped with a Ford engine. 

In 1966 due to desperate circumstances with the Ford engine, and multiple replacements expiring at a race weekend at Laguna Seca, the car would end up getting an overnight engine transplant. After the last spare Ford engine failed, the team’s only option to was to swap in a Chevy motor, lent to them by the Penske team, and installed overnight. Despite resulting in significant changes to the car’s setup, including a raised ride height to allow the Chevy motor’s lower-set oil pan to clear the track surface, Parnelli Jones managed to win the second and final heat of the day with the Lola/Chevy combo.

Following its racing career, chassis 71-44 traded hands a few times when Nick Rose bought the car from Chuck Haines in 1987, and planned to restore it completely, but he only got as far as a complete disassembly. The car would remain in this condition for a subsequent 20 years.

When the disassembled car was purchased by the current owner in 2007, he was the one that brought it back to the condition you see today. When starting the restoration of this Lola, the objective was to use as much of the original car as possible. By their reckoning, 70% of the tub was retained, while the new body, Roush-built Chevy engine, and proper wheels were added. Later on, a dry sump oil system was added, and ventilated rotors replaced the solid ones for better and more reliable track performance.

Upon completion, the car was successfully campaigned in many historic races, actually winning on points for the 2018 season in SVRA’s Can Am category. This example has been well maintained ever since its restoration, and is ready for track events as it sits. It will be sold complete with a second set of wheels, and spare bodywork. Between its start with Parnelli Jones to its recent accomplishments at vintage race events, this car is a proven winner. 


This Lola T70 wears the livery it ran when piloted by Parnelli Jones, with a blue metallic body, accented by a dark blue center stripe with white edging, and also sports proper decals from companies of the mid-sixties era. Also period correct is the listing behind the doors of the names of the people involved in its best known campaigns  – owner John Mecom Jr., driver Parnelli Jones, crew chief Lew Fingelman, and mechanics Ed De Prato and Steve Spencer.


The interior is in very good condition, with all gauges functional. The hand-written signature of Parnelli Jones is clearly visible in the pictures you see here. Accompanying the sale is the original body that the car ran in period, while the current body was built during its restoration.

Drive Train

This Lola was originally equipped with a Ford OHC motor, but as outlined in the description, the car was fitted with a Chevy engine in period.

While this chassis often had the Ford quad-cam engine, given its history, it’s fitting that the current owner decided to install a small block Chevrolet motor, built by Roush, utilizing four Weber downdraft carburetors. With roughly 600hp, it is fed through a four-speed Hewland LG500 transmission.

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Parnelli Jones 1966 Lola T70 MK II

Estimate: $450,000 - $500,000

Processing Final Bids...
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Parnelli Jones 1966 Lola T70 MK II