{"id":493078,"date":"2013-05-01T07:00:20","date_gmt":"2013-05-01T07:00:20","guid":{"rendered":"https:\/\/sportscardigest.com\/\/?p=18439"},"modified":"2023-12-31T20:49:14","modified_gmt":"2023-12-31T20:49:14","slug":"formula-junior-2","status":"publish","type":"post","link":"https:\/\/www.supercars.net\/blog\/formula-junior-2\/","title":{"rendered":"Formula Junior \u2013 2013 Market & Price Guide"},"content":{"rendered":"

The Formula Junior category was introduced in Italy in 1958 by Count Giovanni Lurani, and in 1959, it became an International Formula. Shortly thereafter, in 1960, the British began to take a serious interest in the category beginning the rivalry between British and Italian cars.<\/p>\n

The original FIA Formula Junior regulations defined the cars as single-seater racing cars with the mechanical components coming from a touring car of which a minimum of 1,000 units had been produced in 12 months time. The chassis was built within certain dimensions and to a weight minimum. The engine, gearbox, brakes, etc., had to be as derived from a production touring car. Therefore, the great variety of choices on different cars, such as engines from BMC, Fiat and Ford and gearboxes from Citroen, Renault and VW.<\/p>\n

Formula Junior was in effect Formula Two and Formula Three combined with a maximum engine capacity of 1-liter or 1.1-liters, depending on the car weight. It was a single-seater training ground for young drivers from 1959 to 1963. It produced an endless list of future Formula One stars including Chris Amon, Richard Attwood, Peter Arundell, Jim Clark, Denis Hulme, Peter Revson, Jochen Rindt, Joe Siffert and John Surtees.<\/p>\n

Lotus was the dominant force in Formula Junior, wining the British National Championship from 1960-1963, but a dozen other small companies also produced cars including Bandini, Brabham, Cooper, Elva, Lola, Merlyn, Osca, Stanguellini and Taraschi.<\/p>\n

These were in effect mini Grand Prix teams with first-class drivers, designers, and mechanics. Ironically, Formula Junior, which was started as a cost-savings effort, was ultimately stopped because the Formula One technology of the day was being used in this lower formula. The monocoque design of the Lotus 27 was a prime example of this technology.<\/p>\n

Today, the large number of premium venues combined with very competitive grids has translated into a very strong market for Formula Juniors, especially in Europe. Having a legitimate Formula Junior allows one the opportunity to race at Goodwood, the Monaco Historic and the Monterey Reunion, to name but a few events.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/a>Make<\/strong><\/td>\n<\/a>Model<\/strong><\/td>\nLevel III <\/strong><\/td>\nLevel II<\/strong><\/td>\nLevel I<\/strong><\/td>\n<\/tr>\n
Alexis<\/td>\nMk 1, 2, 3, 4<\/td>\n$45,000.00<\/td>\n$60,000.00<\/td>\n$75,000.00<\/td>\n<\/tr>\n
Ausper<\/td>\nType 2, 4<\/td>\n$45,000.00<\/td>\n$60,000.00<\/td>\n$75,000.00<\/td>\n<\/tr>\n
Bandini<\/td>\n<\/td>\n$45,000.00<\/td>\n$50,000.00<\/td>\n$65,000.00<\/td>\n<\/tr>\n
BMC<\/td>\nMk 1, 2<\/td>\n$35,000.00<\/td>\n$50,000.00<\/td>\n$60,000.00<\/td>\n<\/tr>\n
Brabham<\/td>\nBT2<\/td>\n$75,000.00<\/td>\n$95,000.00<\/td>\n$110,000.00<\/td>\n<\/tr>\n
BT6<\/td>\n$80,000.00<\/td>\n$105,000.00<\/td>\n$125,000.00<\/td>\n<\/tr>\n
Cooper<\/td>\nT52<\/td>\n$40,000.00<\/td>\n$55,000.00<\/td>\n$65,000.00<\/td>\n<\/tr>\n
T56<\/td>\n$50,000.00<\/td>\n$65,000.00<\/td>\n$80,000.00<\/td>\n<\/tr>\n
T59<\/td>\n$50,000.00<\/td>\n$65,000.00<\/td>\n$80,000.00<\/td>\n<\/tr>\n
T67<\/td>\n$75,000.00<\/td>\n$90,000.00<\/td>\n$105,000.00<\/td>\n<\/tr>\n
Elva<\/td>\n100<\/td>\n$35,000.00<\/td>\n$45,000.00<\/td>\n$60,000.00<\/td>\n<\/tr>\n
200<\/td>\n$40,000.00<\/td>\n$55,000.00<\/td>\n$70,000.00<\/td>\n<\/tr>\n
300<\/td>\n$50,000.00<\/td>\n$65,000.00<\/td>\n$80,000.00<\/td>\n<\/tr>\n
Gemini<\/td>\nMk2<\/td>\n$40,000.00<\/td>\n$50,000.00<\/td>\n$65,000.00<\/td>\n<\/tr>\n
Mk3A, 4A<\/td>\n$35,000.00<\/td>\n$45,000.00<\/td>\n$60,000.00<\/td>\n<\/tr>\n
Kieft<\/td>\n<\/td>\n$35,000.00<\/td>\n$45,000.00<\/td>\n$60,000.00<\/td>\n<\/tr>\n
Lola<\/td>\nMk2<\/td>\n$40,000.00<\/td>\n$55,000.00<\/td>\n$70,000.00<\/td>\n<\/tr>\n
Mk3<\/td>\n$55,000.00<\/td>\n$75,000.00<\/td>\n$90,000.00<\/td>\n<\/tr>\n
Mk5, 5A<\/td>\n$85,000.00<\/td>\n$100,000.00<\/td>\n$120,000.00<\/td>\n<\/tr>\n
Lotus<\/td>\n18<\/td>\n$45,000.00<\/td>\n$60,000.00<\/td>\n$75,000.00<\/td>\n<\/tr>\n
20<\/td>\n$45,000.00<\/td>\n$60,000.00<\/td>\n$75,000.00<\/td>\n<\/tr>\n
22<\/td>\n$60,000.00<\/td>\n$75,000.00<\/td>\n$85,000.00<\/td>\n<\/tr>\n
27<\/td>\n$90,000.00<\/td>\n$115,000.00<\/td>\n$135,000.00<\/td>\n<\/tr>\n
Mallock<\/td>\nU2<\/td>\n$35,000.00<\/td>\n$50,000.00<\/td>\n$60,000.00<\/td>\n<\/tr>\n
Merlyn<\/td>\nMk3<\/td>\n$40,000.00<\/td>\n$55,000.00<\/td>\n$65,000.00<\/td>\n<\/tr>\n
Mk5<\/td>\n$45,000.00<\/td>\n$60,000.00<\/td>\n$70,000.00<\/td>\n<\/tr>\n
OSCA<\/td>\n<\/td>\n$55,000.00<\/td>\n$65,000.00<\/td>\n$75,000.00<\/td>\n<\/tr>\n
Stanguellini<\/td>\n<\/td>\n$40,000.00<\/td>\n$60,000.00<\/td>\n$70,000.00<\/td>\n<\/tr>\n
Taraschi<\/td>\n<\/td>\n$40,000.00<\/td>\n$55,000.00<\/td>\n$65,000.00<\/td>\n<\/tr>\n
Tojeiro<\/td>\nBritannia<\/td>\n$35,000.00<\/td>\n$50,000.00<\/td>\n$65,000.00<\/td>\n<\/tr>\n
Volpini<\/td>\n<\/td>\n$40,000.00<\/td>\n$55,000.00<\/td>\n$65,000.00<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

1959 Elva 100<\/h3>\n
\"\"<\/a>
Photo: Pete Austin<\/figcaption><\/figure>\n

Frank Nichols, the founder of Elva Cars in Rye, Sussex, had the foresight to build a front-engined Formula Junior for the new series in early 1959. The Elva 100 Series was the first English-built car to start in the first English race (April 1959). It was the first English Formula Junior to win an International race, and it won on Boxing Day 1959 at Brands Hatch. One of the team drivers was Peter Arundell. In the USA, Charlie Kolb won the 1960 Formula Junior title in an Elva 100. As with most cars of the day, it was a tubular space frame design. It had 15-inch magnesium wheels, big 10-inch drum brakes, and a front-mounted BMC engine modified by none other than Harry Weslake. The gearbox was also a BMC. Today these cleverly designed front-engined cars can still be seen racing in the Formula Junior class.<\/p>\n

1963 Lotus 27<\/h3>\n

Colin Chapman\u2019s Lotus Cars of Norfolk, England, was well known for its successful lightweight, nimble single-seater and sports racing cars. Chapman\u2019s background as an aircraft, light-metals, stress engineer helped him with this design philosophy. Formula Junior was the Formula Two and Formula Three series combined from 1959 to 1963, in order to cut costs and have more competitive racing. Ironically, the Lotus 27 model brought the airplane and Formula One technology of the day to the lower series and raised the cost of competition. In 1964,<\/p>\n

\"\"<\/a>
Photo: Jim Williams<\/figcaption><\/figure>\n
\n

Criteria Used For Assessing Valuations for this Guide:<\/h2>\n
    \n
  • Degree of Originality<\/li>\n
  • Overall Condition, Restoration<\/li>\n
  • Technology, Design, Coachbuilder<\/li>\n
  • Production Numbers\/Rarity<\/li>\n
  • Competition History<\/li>\n
  • Ownership History, Documentation<\/li>\n
  • Modern Event Eligibility<\/li>\n<\/ul>\n

    Regional Variances<\/h2>\n

    The prices stated in this guide are based on U.S. values. The values of historic racing cars can vary as much as 25%-35% in other countries, depending on local market appeal, currency rates, import duties, and VAT. Most of the time, we are able to document known sales or closed escrows, as they say in real estate. When this is not possible, a logical estimate of the car’s value is given, based on its sales history and relationship to cars of its type.<\/p>\n

    The prices stated in this guide are based on U.S. values. The values of historic racing cars can vary as much as 25%-35% in other countries, depending on local market appeal, currency rates, import duties, and VAT.<\/p>\n\n\n\n\n\n\n
    \n

    LEVEL<\/h2>\n<\/th>\n

    		\n

    VALUATION CATEGORIES<\/h2>\n<\/th>\n<\/tr>\n

    \n

    I<\/h2>\n<\/td>\n

    		The best combination
    \nof all criteria.<\/td>\n<\/tr>\n
    \n

    II<\/h2>\n<\/td>\n

    		Satisfies mid-range
    \nof criteria.<\/td>\n<\/tr>\n
    \n

    III<\/h2>\n<\/td>\n

    		In need of restoration. Meets
    \nonly a few points of criteria<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    \n","protected":false},"excerpt":{"rendered":"

    The Formula Junior category was introduced in Italy in 1958 by Count Giovanni Lurani, and in 1959, it became an International Formula. Shortly thereafter, in 1960, the British began to take a serious interest in the category beginning the rivalry between British and Italian cars. The original FIA Formula Junior regulations defined the cars as single-seater racing cars with the mechanical components coming from a touring car of which a minimum of 1,000 units had been produced in 12 months […]<\/p>\n","protected":false},"author":183,"featured_media":520459,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17009,11325,17263],"tags":[11513,11645,17260,17265],"class_list":["post-493078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-formula-junior","category-vintage-racecar-market-guide","category-market-guide-vintage-race-cars","tag-fj","tag-market-guide","tag-market-formula-junior","tag-market-guide-vintage-race-cars"],"yoast_head":"\nFormula Junior \u2013 2013 Market & Price Guide<\/title>\n<meta name=\"description\" content=\"Formula Junior\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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