The Ex-Jackie Stewart, Spanish Grand Prix-winning, three-time pole position,1970 March-Cosworth Formula 1 Racing Single-Seater  Chassis no. 701-2 Engine no. DFV98/370

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Lot 249
The Ex-Jackie Stewart, Spanish Grand Prix-winning, three-time pole position, 1970 March-Cosworth Formula 1 Racing Single-Seater
Chassis no. 701-2 Engine no. DFV98/370

Sold for US$ 152,200 inc. premium
The Ex-Jackie Stewart, Spanish Grand Prix-winning, three-time pole position
1970 March-Cosworth Formula 1 Racing Single-Seater
Chassis no. 701-2
Engine no. DFV98/370
This March 701 is the Tyrrell Racing Organization-entered car in which triple-World Champion Driver Jackie Stewart won the 1970 Race of Champions at Brands Hatch and followed up with World Championship-qualifying victory in the following Spanish Grand Prix at Jarama, Madrid.

Jackie Stewart also drove this car to finish third overall upon its debut in that year’s South African Grand Prix at Kyalami, Johannesburg, and subsequently drove it again to finish second in the BRDC International Trophy non-Championship Formula 1 race at Silverstone. The car’s final two outings for the Tyrrell team were also in Jackie Stewart’s hands, as he suffered two retirements in succession in the Monaco and Belgian Grand Prix races.

As offered here, this historically important Formula 1 Grand Prix single-seater is in highly original condition, having been preserved for many years on display at the well-known York Motor Museum in Western Australia. It is powered by the familiar Cosworth-Ford DFV V8 engine, the backbone of today’s Vintage Formula 1 scene – easy to run and maintain, and well served by preparation specialists and available spare parts.

The British specialist March Engineering company was formed in 1969. Its four founders were former privateer owner/driver Max Mosley, former Winkelmann Racing team manager and racing driver Alan Rees, production specialist and club racer Graham Coaker and former McLaren and Cosworth chief chassis engineer Robin Herd. The name ‘March’ was derived from their collective initials, and the new venture was organized with Mosley running the commercial side, Herd as the designer, Alan Rees managing what would become the company’s in-house works racing team and Coaking supervising production at the factory which was set-up in Bicester, Oxfordshire – not far from Silverstone race circuit.

Herd's first design under the new company banner was the Formula 3 March 693, which was given its debut by the meteoric young Swedish driver Ronnie Peterson late in 1969. Herd’s original aim had been to create a one-car/one-driver team around the outstandingly fast Austrian driver Jochen Rindt. He had reigned for several seasons as the ‘King of Formula 2’ racing Winkelmann team Brabhams managed by Alan Rees. But as the partners’ ambitions for March inflated, so Rindt opted out, to remain with Team Lotus – with whom he became posthumous Formula 1 World Champion in 1970.

March's launch attained almost unbelievable proportions as they announced that their Bicester factory would be producing new 1970-season cars not only for Formula 2, Formula 3, Formula Ford and CanAm racing in 1970 – but also Formula 1. The company was also to field works F1, F2 and F3 teams!

The Formula One effort showed instant promise, as regulation and commercial changes for the new season prevented the World Champion Tyrrell Racing Organization continuing its successful alliance with the French Matra company, and Ken Tyrrell purchasing March 701 chassis such as ‘701-2’ offered here, for his superstar World Champion driver. Tyrrell’s second team March 701 would be driven by Johnny Servoz-Gavin and later Francois Cevert, while the March factory fielded two sister 701s for Chris Amon and Jo Siffert. In addition a customer car was supplied to the Granatelli Brothers’ SWTP Corporation for Mario Andretti’s use, and another customer chassis went to Colin Crabbe’s Antique Automobiles team to give Ronnie Peterson his Formula 1 debut. No fewer than ten Type 701 Formula 1 chassis would be constructed that year.

This particular car qualified immediately on pole position for the opening race of the 1970 World Championship, the South African GP as Jackie Stewart gave the new marque its scintillating public debut, with Chris Amon second fastest alongside him in the works 701.

A distinctive feature of these cars was the appended stub-wing tanks on each side of the simple rectilinear monocoque chassis nacelle – an aerodynamic device created by Peter Wright of Specialised Mouldings Ltd, the bodywork suppliers. This was a first move towards modern underwing ‘ground effect’ aerodynamic management – adding further luster to the March 701 design’s historic significance.

At Kyalami, Stewart led the South African GP for the first 19 laps, and after scoring the March marque’s maiden Formula 1 race win at Brands Hatch in the Race of Champions he then led the Spanish Grand Prix throughout. That race saw Mario Andretti finishing third overall in the STP-liveried sister March 701. Chris Amon then won the BRDC International Trophy race at Silverstone in the works 701, while the World Championship-qualifying Monaco Grand Prix saw Jackie Stewart qualify this car on pole position. He then led the classical Monte Carlo street race for more than 25 laps before engine trouble intervened. And on the stark contrast of the superfast Spa-Francorchamps circuit for the Belgian Grande Prix, Stewart yet again qualified on pole position in ‘701-2’ offered here, and he led briefly before another engine failure ended the car’s frontline career.

This is a fabulously historic, genuine ex-Jackie Stewart car with one Championship Grand Prix win and one non-Championship GP win to its name – plus that amazing cachet of pole position upon its racing debut, followed by further pole positions on two of the most starkly differing yet legendary circuits on the entire Formula 1 roster, Monte Carlo…and Spa! This is indeed a highly significant 3-liter Formula 1 car – and a true classic as campaigned by ‘the wee Scot’.

Footnotes

  • Please note, this lot is applicable to an import duty calculated at 2.5% of the hammer price. This duty will be invoiced to the purchaser but may be refunded if the lot is exported within certain criteria.

Saleroom notices

  • The engine number listed in the catalog is incorrect. The correct engine number is DFV-229/370. Please note, this lot is applicable to an import duty calculated at 2.5% of the hammer price. This duty will be invoiced to the purchaser but may be refunded if the lot is exported within certain criteria.
The Ex-Jackie Stewart, Spanish Grand Prix-winning, three-time pole position,1970 March-Cosworth Formula 1 Racing Single-Seater  Chassis no. 701-2 Engine no. DFV98/370
The Ex-Jackie Stewart, Spanish Grand Prix-winning, three-time pole position,1970 March-Cosworth Formula 1 Racing Single-Seater  Chassis no. 701-2 Engine no. DFV98/370
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