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Formula Ford Market & Values
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Photo: Michael Casey-DiPleco
Market Guide

Formula Ford Market & Values

 Mark Leonard

Formula Ford was a specification racing series created around the idea that the best drivers would win if all were racing identical cars. The idea for this low-budget Formula was created by an Englishman named Geoffrey Clarke, who had a drivers school called Motor Racing Stables based at the Brands Hatch Circuit. Clarke received support from Ford’s competition manager, Henry Taylor, and Ford’s director of public affairs, Walter Hayes. Ford supplied their 1600-cc Cortina GT engine, as well as their backing and name. Lotus Components built a car based on the Lotus 31 Formula 3 car, calling it the Lotus 51 Formula Ford. Ironically, this early car had a Renault gearbox. They sold for the affordable price of just under £1,000, making racing in this series very affordable, since a Formula 3 car of the day cost over £3,000. The Royal Automobile Club, Britain’s governing body, established a set of racing regulations. The first official race was held at Brands Hatch on July 2, 1967. From 1967 to the present, the Formula Ford series has produced some very exciting racing in many different makes of cars, as well as some great drivers and future champions, including Andretti, Fittipaldi, Schenken, Scheckter, and Senna. Today, historic Formula Ford is an entry-level racing category and for the purposes of this guide, covers cars from 1967 to 1972. Keep in mind the greatest single factor in determining the value of a Formula Ford is the quality and cost of its preparation.

Make Model Level III Level II Level I
Alexis 15 $10,000 $14,000 $18,000
18, 22 $10,000 $14,000 $18,000
Bobsy $8,000 $12,000 $18,000
Caldwell D9, D9B $10,000 $14,000 $18,000
Crossle 16F $8,000 $14,000 $18,000
20F $8,000 $15,000 $20,000
Dulon LD4, 4B, 4C $7,000 $10,000 $16,000
LD9 $8,000 $12,000 $18,000
Elden PH8 $10,000 $14,000 $18,000
PH10 $10,000 $16,000 $20,000
Ginetta G-18 $8,000 $12,000 $18,000
Hawke DL2, 2A, 2B $10,000 $14,000 $20,000
DL9, 9A $12,000 $16,000 $22,000
LeGrand Mk 10 $8,000 $12,000 $17,000
Lola T200 $10,000 $16,000 $20,000
T202 $10,000 $18,000 $22,000
T204 $12,000 $18,000 $24,000
Lotus 51 A,B,C $16,000 $22,000 $26,000
61M, MX $12,000 $16,000 $22,000
69 $26,000 $32,000 $38,000
Macon MR 7B $8,000 $12,000 $17,000
MR8, 8B $8,000 $12,000 $17,000
March 709, 719, 729 $14,000 $18,000 $22,000
Merlyn MK11, 11A $18,000 $22,000 $26,000
MK17, 17A $14,000 $17,000 $22,000
MK20, 20A $14,000 $18,000 $24,000
Royale RP2 $8,000 $14,000 $18,000
RP3, 3A $10,000 $16,000 $21,000
Tecno FF $10,000 $15,000 $20,000
Titan MK 6,6A,6B,6C $16,000 $22,000 $26,000
Winkelman WDF1,2,3,4 $10,000 $15,000 $20,000

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Mark Leonard
Steve Natale has been playing with cars ever since he was old enough to first hold a matchbox car in his hand. A lifelong enthusiast of anything old with an engine in it or wheels on it, Steve has been active in the hobby for over 35 years. Currently he owns a successful marketing company with his wife Mary, is an automotive photographer, blogger and writer for several automotive magazines and regular contributor to various automotive websites. Steve has attended vintage car events and visited car museums and collections around the world.
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