2002 Lotus Elise S2 JPS (Type 72)
Sold for
£12,864
Ended 13 May 2026
Data from PistonHeads, updated on 10 Oct 2026
- Year
- 2002
- Mileage
- 60,734 miles
- Gearbox
- Manual
- Engine
- 1800
- Colour
- Black
Specification
- Fuel
- Petrol
- Body
- Convertible
- Owners
- 3
Description
Highlights
One of fewer than 130 JPS Type 72 special editions built
Striking black-and-gold John Player Special livery
Tasteful induction, exhaust and suspension upgrades
- Extensive history
Recently recommissioned cooling system
Overview
The Lotus Type 72 needs little introduction. Penned by Maurice Philippe under Colin Chapman's watch, it became the most successful Formula 1 car in Lotus's history, carrying Jochen Rindt, Emerson Fittipaldi and Ronnie Peterson to titles between 1970 and 1975. Wrapped in the John Player Special's black-and-gold livery, the Type 72 didn't just win races. It became motorsport shorthand for cool. More than half a century on, and despite the passing of tobacco advertising, those colours still resonate deeply in Grand Prix folklore.
Skip forward a few decades and Lotus's lightweight roadster was riding high on Chapman's add-lightness ethos. The Series 2, on sale from 2001, married a bonded aluminium chassis to fibreglass clams and a refined cabin, with the willing 1.8-litre Rover K-Series providing the soundtrack. In 156 bhp VVC tune, the K-Series produces a sub-six-second 0-62 mph time and that signature mix of agility, balance and steering purity. Then, in 2002, Lotus reached into its own back catalogue and produced the JPS limited edition: a factory homage to the Type 72, finished in black with bronze five-spoke wheels, yellow Alcantara cabin trim and gold JPS monograms in all the right places. The vendor tells us just 123 were built, although some sources quote 129 as a worldwide figure, and reportedly only 23 remain road-registered in the UK today.
Which brings us neatly to RY02 TXL, presented in classic JPS form. Black paintwork sits over those period-correct bronze five-spokes with Lotus-branded centre caps. The gold "JPS" monogram graces the rear clam, gold Lotus laurel-wreath decals adorn the front wings, and Union Jack flourishes appear on the side scoops and rear quarters. Pop the door open and the racing colours carry inside: yellow Alcantara door cards, seat trim and transmission tunnel set against a black suede dashboard, with the Lotus three-spoke wheel wearing a yellow centre roundel. The JPS-branded leather gear knob sits proudly atop the exposed Lotus shift gate. Billet aluminium switchgear, handbrake handle and seat tilt levers replace the standard plastic items, while a Kenwood head unit brings iPhone connectivity to the dash. A Cobra alarm handles security.
Sympathetic upgrades run beneath the skin too. An ITG carbon fibre Competition induction kit feeds the K-Series, an upgraded exhaust takes care of the other end, and adjustable dampers at all four corners let the new owner dial the chassis to taste. The vendor reports the car has been stored indoors on a trickle charger, with under-car photographs taken during a recent radiator and water pipe refresh confirming a clean and unmolested aluminium chassis tub.
An Elise of any stripe is a tempting proposition, this one even moreso.
History and documentation
First registered May 22nd, 2002
Three former keepers, with the current keeper acquiring the vehicle in October 2023
The vendor describes a substantial history file accompanied by the original service book and paperwork
The vendor advises that the May 2023 reading reflects an incorrect odometer entry at the testing station (which subsequently ceased trading before the record could be amended), with surrounding tests reflecting the true mileage progression
Tasteful upgrades fitted: ITG carbon fibre Competition induction kit, upgraded exhaust, adjustable dampers (reported by the vendor to be GAZ units all round)
Cobra alarm fitted, reportedly with two working fobs
Two keys
Recently fitted new radiator and refreshed water pipes
The vendor reports the car has been stored indoors on a trickle charger
Current MOT expires August 13th, 2026
HPI clear
Current mileage is 60,393 miles
Interior
Cabin presents in unmistakeable JPS spec, with yellow Alcantara door cards, seat trim and transmission tunnel set against a black suede dashboard
Lotus three-spoke steering wheel features a yellow centre roundel, with a JPS-branded leather gear knob atop the exposed polished aluminium shift gate
Stack instrument cluster and aluminium-ringed switchgear (hazard, fog and headlight buttons) all present cleanly
Billet aluminium upgrades fitted to the door pulls, handbrake handle and seat tilt levers in place of the standard plastic items
Aftermarket Kenwood KDC-4551U head unit supports MP3, USB and aux input with iPhone connectivity, complemented by upgraded door speakers
Driver's seat shows light nap-flattening and slight discolouration to the cushion base, with bolsters intact and no splits
Yellow seat bases display some shading variation from sun exposure, but no rips or tears are visible
Suede-trimmed steering wheel boss displays mild surface patina with no lifting or tears
Carpets, sill tread plates and exposed bonded aluminium chassis tub all present tidily in the footwells
Soft-top header rail, twin roof latches and seal in clean, undamaged condition
All cabin controls are reported to be working as they should
Exterior
Finished in black with bronze/gold five-spoke alloy wheels and Lotus-branded centre caps, dressed with the signature JPS visual package
Gold "JPS" monogram applied to the rear clam, with gold Lotus laurel-wreath decals on the front wings and Union Jack decals to the side scoops and rear quarters
The vendor reports the car is in good condition for a 60,000-mile example, with the front clam having seen the most wear
Stone chipping and paint loss visible along the leading edge of the front lip and splitter, in line with the vendor's notes
Light scuffing along the lower edge of the rear diffuser/undertray consistent with normal road use
Paintwork across the rear clam and flanks presents with deep gloss and metallic flake clearly visible in sunlight
Headlight and tail light lenses clear and crack-free, with LED high-level brake light intact
Soft-top fitted, sitting cleanly against the rear clam with consistent panel gaps
Bronze five-spoke wheels appear free of significant kerb damage, with light surface dulling to the gold finish in places
Wrapped in Bridgestone Potenza tyres with plenty of tread visible
Twin centrally-mounted exhaust outlets
Underside views show clean, dry bonded aluminium extrusions with intact chassis bonding lines and the original factory inspection sticker still in place
Mechanical
1.8-litre Rover K-Series VVC inline four-cylinder producing 122 bhp and 129 lb ft
Five-speed manual gearbox
Rear-wheel drive
0-62mph in around 5.7 seconds
Top speed of around 131 mph
ITG carbon fibre Competition induction kit fitted in place of the standard airbox
Upgraded sports exhaust
Adjustable dampers fitted, which the vendor states are GAZ units at all four corners, allowing the chassis to be dialled to taste
Recently fitted new radiator
The vendor reports the car lives on a trickle charger and starts first time, has no known mechanical issues and no immediate upcoming maintenance is required
Summary
Few modern Lotuses wear their heritage as openly as this. A genuine factory JPS Type 72 special edition, finished in the colours that helped define Lotus's Grand Prix golden era, is a wonderful thing to behold. Underneath the livery sits the willing 156 bhp K-Series VVC, lightly fettled with sensible breathing and adjustable suspension upgrades, and a recently recommissioned cooling system means it's ready to be enjoyed straight away.
Equal parts collector's piece and driver's tool, this is the kind of Elise that earns a second look at every fuel stop and a knowing nod from anyone who remembers the Type 72 in its pomp. Driveable today, increasingly rare tomorrow.
To arrange a viewing, click the 'Book Viewing' button located under the 'Place Bid' button. Viewings can be booked up until the day before the auction ends, after which the option will change to 'Contact Seller' for further enquiries. This seller is located in Letchworth Garden City, Herts.
Comparable sales
Sold prices from auctions that ended in the last 24 months. Chart shows the last 12 months. The latest 5 sales carry details. Prices in GBP.
Median sold price
£16,884
Sold range
£12,000 – £24,120
Sold lots
17
Price trend
Falling
Sold 24% below the S2 median

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