1974 Lola T332 Formula 5000

Chassis number HU49



HU49 was purchased new by James Labar Racing for driver Jerry Karl. They were primarily an Indy car team from PA. Karl also drove Indy cars for Smokey Yunick.

Karl and Labar raced HU49 in only about a dozen pro F5000 races 1974-75. Then the car was converted to a center seat Can-Am car in ‘77 for a couple of races with Karl.

HU49 was then sold to the Racepower team and raced in pro Can-Am through 1984 by owner Gerre Payvis. The car was also rented to John Macaluso and Drake Olsen.

In 1984 the Lola was sold to George T. Smith (GTS) and driven by David Leslie. Around 1986 the T332 was sold to Steve Rees via Chuck Haines. Thereafter the car was raced in vintage events.

In the late 1990’s the tub was damaged. John and Graham Collins replicated the tub and the Lola was reassembled.

The Lola was most recently raced in 2019, but receives regular oil changes and startups.


The engine is a Dart block with Brodix heads. It has correct Lucas injection on an original MacKay magnesium manifold and original magneto. It was built by  Ridge Reamers, Denver CO. It has 600 miles on it.

The Lola still has its original Lola seat, Smiths gauges, and a Moto Lita steering wheel. It remains very original in appearance.

The car is currently located in California. We can assist with shipping domestically or worldwide.

All vehicle descriptions are accurate to the best of our knowledge at the time of writing. Corrections, and supplemental information, are always welcome. Buyers are responsible for confirming vehicle histories, condition, and authenticity to their own satisfaction prior to purchase. Motorsports Market is not the owner of the vehicle and assumes no liability for errors and omissions.

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