The Lola T332 was a race car designed and built by Lola Cars for use in Formula 5000 racing.
It made its racing debut in 1973 and continued its competition life into 1974 through to 1979 winning the 1979 Australian Drivers' Championship and 1979 Australian Grand Prix.
Commonly using the 5.0L Chevrolet V8 engine, the T332 was successful around the globe with race victories in places such as Australia, the United Kingdom, New Zealand and the United States.
The alloy/steel tub of the T332 followed standard Lola design practice with twin bulkheads and utilised a semi-stressed engine and transmission.
Twin side radiators were mounted in front of the rear wheels which were located by upper and lower links and radius rods. Driven through a Hewland DG300 5-speed transmission, a T332 was once timed at 305 km/h (190 mph) at the now closed Ontario Motor Speedway in Ontario, California.
Australian driver Warwick Brown used a T332 to win the 1975 Tasman Series as well as the 1975 New Zealand Grand Prix. In doing so he became the only Australian driver to ever win the Tasman Series.
New Zealand driver Ken Smith also used a Lola T332 to win the 1976 New Zealand Grand Prix. As a side note, both the 1975 and 1976 New Zealand Grand Prix's were held at Pukekohe Park Raceway.
During its competition life, the T332 also won the US Formula A/F5000 Championship in 1974 and 1975 driven by British driver Brian Redman, the British Formula 5000 Championship in 1974 driven by Formula One driver Bob Evans and the 1979 Australian Drivers' Championship when driven by South Australian Johnnie Walker who also won the 1979 Australian Grand Prix in his T332. Walker also used a T332 to finish 2nd in the 1975 Australian Drivers' Championship.