Lola boldly called the MkII version of their T70 the most successful sports car of 1966. And rightly so since it won some of the most important UK races, as well as the USSRC and Can-Am Championships in North America.
Eric Broadley’s T70 sports prototype was upgraded from the same successful formula as the MkI by having an American-sourced V8 engine in a small prototype chassis. Most of the successful cars were run with the small-block Chevrolet engine, but one victory was achieved with the Ford 333, whlile Penske tried the 427 Chevrolet with no success whatsoever.
The MkII specification introduced much more aluminum in the chassis which reduced the overall weight by 32 kg (70 lbs). More weight was also saved by using color-impregnated fiberglass. This resulted in a 289 Ford-powered T70 weighing just 726 kgs (1500 lbs) while the Chevrolet 327 version was at 726 kgs (1600 lbs).