1978 Lola T-492
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|Transmission||4 Spd Manual|
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This Lola T492 is one of the nicest Sports 2000 cars you will find. With approximately $50,000 in recent maintenance and upgrades, this one is ready to go. It is mechanically sound with a recent engine rebuild and many other items as described below. Further, it looks fantastic with recent paint and body work along with the plated roll bars. There is also a nice cache of documentation and spare parts. While you may find plenty of old race cars on the market, few offer this level of readiness.
The first of the car’s three logbooks was issued by the SCCA on September 9, 1978 for the SR2000 class. Its first recorded race was an SCCA event at Lake Erie in May 1979. It was subsequently raced throughout the United States (SCCA) and Canada (CRDA). It was later raced in vintage classes with SVRA, HSR, and VS2NA. It was most recently on the track at Road America in April 2023.
This car has seen three stages of rebuild and refurbishment in recent years, thus its exceptional condition. The first ran from 2010-2012 and consisted of new plating on the tub, new skid plates, replacement of the roll bar and bracing, nickel-plated bulkheads, Kephos upright coating, and fresh outer tub skins. The rear subframe was media blasted, repaired, and powder coated, while a replacement fiberglass body from Motorsport Composites was fitted. Both the engine and gearbox were rebuilt as were the suspension and braking systems. New wheel bearings, hubs, and CV joints were also installed. Finally, the car received new rain and brake lights along with headlight wiring.
The second stage of refurbishment was from 2019-2021. This involved replacing all rod ends, the fuel cell, and the fire suppression system. The roll bars were extended and now reach to the driver’s feet. A carbon fiber splitter was fabricated and installed along with a new wicker bill. The rear disc brakes were moved outboard for improved cooling and easier maintenance. The car also received new Koni double-adjustable shocks and Aurora rod ends. A quick-release OMP steering wheel, RGE wiring harness, and Racetech instruments were also installed along with a fuel gauge. In addition, the engine received a fresh rebuild and a new Fireball ignition, throttle cable mount, and Burns stainless steel exhaust.
This was followed by a third stage of work completed in early 2023. The body was sent out for a variety of fiberglass repairs along with a full repaint. The seat was reconfigured from a custom molded unit to a new Kirkey setup with fabricated brackets. This arrangement offers far more flexibility for the next owner, though the old Lola fiberglass seat is also included. Note the Sabelt six-point harness is good through 2024. Finally, a nut-and-bolt check was performed followed by track time at Road America in April 2023.
This Lola’s drivetrain starts with a Ford 2.0L inline-4 with a dry sump oiling system, Mocal oil cooler, and Weber carburetor. Its most recent rebuild was in 2021 by Elite Engines of West Bend, WI with only 9.0 hours since. The fuel pump, fuel lines, test port, and filter were all replaced as well. Cooling is provided by dual side mount aluminum radiators with updated water pipes and blue SAMCO hoses. The transaxle is a Hewland Mk9 dog box 4-speed that was rebuilt by Averill Racing Stuff with a new ring and pinion, shift forks and springs, reverse idler gear, pinion bearing, and input shaft seal. The hydraulic clutch received a new release bearing, master / slave cylinders, and a reinforced clutch arm. Braking is provided by Wilwood 4-piston calipers, vented floating rotors with alloy hats, Hawk brake pads, powder coated hard lines, and a Raceparts bias adjuster. The black 13″ Revolution alloy wheels wear Avon racing tires.
Literature includes the previously mentioned log books along with Lola system diagrams, Ford and Hewland data sheets, and a setup notebook. Spare parts include extra wheels and tires, eight additional gear sets, a fiberglass seat, intake manifold, coilovers, starters, brake cooling ducts, and many other miscellaneous parts as shown in the gallery. Also included are the spats that were removed from behind the rear tires. Note this vehicle is not street legal and does not have a title; ownership will be transferred via bill of sale only.
The S2000 class is very popular and offers plenty of racing opportunities on a reasonable budget. Further, this Lola is easy to drive and will perform at the limit, with lap times in the upper 2:20’s at Road America (most recently run in April 2023). It is in race-ready condition and has been professionally maintained by Wynnfurst Racing for the last few years. Whether you are looking to venture into amateur racing or augment an existing stable, this one has a lot to offer.
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