The Lola T70 was built for sports car racing, popular in the mid to late 1960s. Developed by Lola Cars in 1965 in Great Britain. Early success came when Walt Hansgen won the Monterey Grand Prix, at Laguna Seca Raceway, on October 17, 1965, driving John Mecom's Lola T70-Ford. In 1966, the hot setup for the Can-Am was a T70 Chevrolet. Winning five of six races during the year. John Surtees was the champion and Dan Gurney drove the only Ford powered car ever to win a Can-Am race. In 1967, no one could compete with the new M6 McLaren. The T70 was quite popular, with more than 100 examples of the vehicle being built in three versions. The first version, besides the original factory car, was the open-roofed Mk II, joined by the Coupé-version Mk III, and a slightly updated version, the Mk IIIB. The T70 was replaced in the Can-Am by the lighter Lola T160.