The Lotus Europa competition car. The car had the Ford Cosworth 13C Twin Cam dohc 1594cc engine (producing 165bhp), with a Hewland FT200 transmision fitted on a light weight fold steel Y shaped chassis (similar to the Type 46 Europa chassis). The body work was lighter than the Europa's and bonded to the chassis. The car was successfully driven by John Miles and Jackie Oliver in the 1967 World Sportcar Championship 500, plus winning 17 championship events. In 1968, the 47A was developed, with the chassis was strengthened and the body work was nolonger bonded, although the car ran against much larger engined cars, the 47A set 10 new circuit records.

There was 47F made with Cortina engines and the famous one off GKN 47D, with a Rover 4.4 litre V8 engine, producing 292bhp and a top speed on 180mph.