Legacy Metrics

1968 Lotus 56

56/3racingUnited Kingdom
Engine
Pratt & Whitney ST6N-74 gas turbine, ~500 bhp, single-speed direct-drive planetary gearbox, four-wheel drive

The Lotus 56 (chassis 56-3) is one of four gas-turbine, four-wheel-drive wedge-shaped racers built for the 1968 Indianapolis 500, representing a brief but influential moment when turbine power nearly transformed top-level motorsport. Driven by Graham Hill, the car qualified on the front row and set a speed record before retiring after 110 laps with a wheel failure. Never raced again after that event, it passed through STP corporate display and then Richard Petty's personal collection before undergoing a supervised ground-up restoration, after which it reunited with the other surviving Lotus 56s at Indianapolis Motor Speedway in 2014.

Ownership

  1. Auction sale
    Estimate US$900,000 – US$1,200,000

    RM Sotheby's catalogue lot →

  2. 1968 → 1968Factory delivery
    Andy Granatelli / Paxton Products Company
    partial documentation

    Car was commissioned and entered at Indianapolis under STP sponsorship; following the race it was retained and displayed at STP corporate headquarters for some years.

  3. Date unknownAcquisition unknown
    Richard Petty
    partial documentation

    The NASCAR champion held the car in his private collection for approximately fifteen years before selling it to the current vendor.

  4. Date unknownPrivate sale
    Current consignor
    partial documentation

    Commissioned a comprehensive restoration overseen by Clive Chapman of Classic Team Lotus and Vince Granatelli, returning the car to its original 1968 race appearance.

Competition

  1. 1967USAC Championship Trail
    1967 Indianapolis 500
    Driver: Parnelli JonesRtd — gearbox failure on lap 197

    Jones led 171 laps in the STP-sponsored turbine car before mechanical failure ended the run; this earlier car (not chassis 56-3) prompted USAC to restrict turbine specifications for the following season.

  2. 1968USAC Championship Trail
    1968 Indianapolis 500
    Driver: Graham Hill19th — retired after wheel loss, lap 110

    Hill set a qualifying speed record of 171.208 mph and started from the front row; the car struck the wall after shedding a wheel at lap 110. The other two Lotus 56 entries also retired with broken fuel shafts.

  3. 2014
    2014 International Historic Motoring Awards
    Nominated for Car of the Year
  4. 2014
    Indianapolis Motor Speedway reunion demonstration
    Driver: Parnelli Jones

    All three surviving 1968 Lotus turbine cars were reunited; Jones drove chassis 56-3 in a demonstration run before a large crowd, while Mario Andretti and Vince Granatelli piloted the other two cars.

  5. 2014
    2014 Quail Motorsports Gathering
    Octane magazine Editor's Choice Award

    Event held in Carmel Valley, California; the car received the editorial award from Octane magazine.

Maintenance & restoration

  1. 2014Restoration
    Classic Team Lotus

    Complete ground-up restoration returning the car to its 1968 race livery, encompassing both mechanical rebuilding and cosmetic refurbishment.

    Work was jointly supervised by Clive Chapman of Classic Team Lotus and Vince Granatelli, son of Andy Granatelli, and was commissioned by the consignor.

Are you the owner of this car?

This car's public record is built from its auction and competition history. Register your ownership and privately add your own records to make it a verified Legacy Metrics passport — provenance that backs your car's value at sale and gives your insurer evidence to price against. Roy reviews and verifies every registration personally.

Each chassis record is compiled from public auction archives and links to its source material. Ownership, competition and maintenance entries are extracted from those catalogue listings by an LLM, which can make mistakes — please contact us with any corrections. The summary is Legacy Metrics’ own writing; we do not reproduce catalogue text.

“Full” and “partial” documentation labels indicate how well each entry is corroborated in the underlying sources, not an audit of the car’s physical paperwork. Names of recent or living owners are withheld for privacy.