2000 Lotus Elise S1 Type 49 'Type R'

Sold for

£20,250

Ended 30 Aug 2026

Data from Iconic Auctioneers, updated on 10 Oct 2026

Specification

The Lotus Elise S1 Type 49 'Type R' represents a unique cross-section of collectable limited-edition rarity and high-performance aftermarket engineering
Lotus closed the twentieth century with the Elise Type 49, painted in the red, white and gold livery of the 1967 Gold Leaf Team Lotus Type 49 Grand Prix cars driven by Graham Hill and Jochen Rindt
The remarkable example we see here is offered from its sole owner. Supplied new by Bell & Colvill of Horsley in March 2000 with its original Bill of Sale present, this Elise has remained a cherished part of the family for the past 26 years
In 2005, the standard Rover engine and gearbox were removed by conversion specialists Maidstone Sports Cars and replaced with a 2.0-litre K20 VTEC engine and six-speed gearbox and reportedly output is now at 226bhp, up from the standard car's 118bhp
Uprated Nitro dampers, as well as the replacement of suspension components, were fitted at the same time
A significant cosmetic refresh was undertaken in 2012 by Lotus approved specialists which included stripping and repainting the clamshells, front access lid, sills, new doors, and a new alloy radiator at a total cost of £4,750
By dropping a Honda VTEC powerplant into a bonded aluminium chassis that weighs just over 700kg, this hybrid creation boasts a power-to-weight ratio that rivals modern supercars and at today's estimate seems remarkable value