Colin Chapman (1928 - 1981), started his business as a racing car tuner. When he was still studying engineering in university, he bought an old Austin 7 and tuned it to race. Perhaps he was a man born to win, his first attempt rewarded by winning a few small races. In 1951, while he had graduated, his third car, Mk 3, stormed the 750cc formula class. Unlike other cars in this class, it used spaceframe tubes in construction so that rigidity and lightness out-performed others. Many other teams queued to buy this car and the Lotus Engineering Company was established in 1952. 


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