Initial production Lots Elise reaching the auction block for $134,000 image

Retro fans of the Lotus company will get the chance to empty their bank accounts and try to snatch the first ever production Elise, now going under the auctioneer’s hammer.

We are talking about a 1958 Lotus Elite Series I, with chassis number 1009, which is heading to auction at the Silverstone Classic on July 30. It underwent a massive restoration process that might warrant the initial asking price of $134,000. This Lotus Elite was shown at the Earls Court Motor Show in 1958 and was afterwards acquired by one of Lotus founder Colin Chapman’s favorite customers. Since we’re talking about a Lotus, the car has a rich motorsport history as well, having been raced competitively across Europe for years, including at Goodwood and the Nürburgring, before settling for an early retirement in storage many years ago.

Initial production Lots Elise reaching the auction block for $134,000 1

The model was rediscovered and the 1958 Lotus Elite entered the restoration process which included – among others – stripping its fiberglass monocoque. After the bodywork was repainted, the engine rebuilt to “full-race” specifications and new wheels and suspension were fitted, it also got a fully refurbished transmission, as well as safety gear like a roll cage and bucket seats for added panache. British Lotus experts Tolman Motorsport were the ones that “ensured that this Elite flows down the road in the way Colin Chapman intended.” The initial estimate for this 1958 Lotus Elite is of £75,000-£100,000 ($100,000-$134,000).