The Lola T53 was a Formula 3 race car built in 1964 by Lola Cars.

The Lola T53 was the first pure racing car to be built by Eric Broadley's company. The T53 was the first Formula 3 racing car which the Lola built. The car was based on the MK5, the Lola Formula Junior car of 1962.

The vehicle was used in British Formula 3 Championship by the Midland Racing Partnership as a semi-works team. It raced against the works cars of Cooper and Brabham. Jackie Stewart won the championship at the end of the year for Ken Tyrrell.

When it became clear that the T53 was a bad design, Lola looked for new markets to build it's racing cars.

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Lola vehicles