One to Buy: ex-works / Carroll Shelby 1 of 2 1957 Lotus Eleven LM150

Conceived as a more compact replacement for previous models like the Mk9 and Mk10, the Lotus Eleven went on to become arguably the most successful small displacement sports racing car of its era from both a competitive and commercial perspective.

Built between 1956 and ‘58, most Elevens were ordered to contest the under 1100cc class and thus came powered by the formidable Coventry Climax FWA engine. However, such was the little car’s versatility that engines of up to 1500cc were sometimes used by Team Lotus and customers.

Of the myriad variants constructed, commonly regarded as the ultimate incarnation of the Eleven was the LM150 which Lotus created to run the 1500cc Coventry Climax FPF Formula 2 engine in 1957. Just two examples were built: chassis 305 for noted privateer John Coombes and chassis 322 (subsequently re-numbered 332) which was retained for use by Team Lotus.

Today, that Eleven LM150 campaigned by Team Lotus in 1957 is being offered for sale by William I’Anson in Gloucestershire.

The car started life as chassis 322 which Team Lotus entered for Colin Chapman, Herbert Mackay-Fraser and Jay Chamberlain to drive at the Le Mans 24 Hours. However, having broken the 1500cc class record in practice, the engine dropped a valve and unfortunately 322 never made the start.

Afterwards, Mackay-Fraser went on to campaign chassis 322 for Team Lotus at the Spa Grand Prix (seventh overall, first in class) and the Rouen Delamare Deboutville Cup (DNF).

Chassis 322 was then refreshed back the factory, re-numbered 332 and sold to Carroll Shelby under whose stewardship the car continued to race across the Atlantic.

Now restored back to its Team Lotus configuration, chassis 322/332 is presented in concours, race-ready condition.

For more information visit the William I’Anson website at: https://williamianson.com/