Desirable Cars
LOTUS ESPRIT CLASSIC ICON · OVERVIEW

Lotus Esprit: A Submarine Car Made It Famous, But the Shape Made It Great

Long before it turned into a submarine on the big screen, this car had already established itself as one of the most dramatically styled British sports cars of its era.

Stylised illustration of a classic wedge-shaped sports car Illustration for editorial purposes

The Wedge That Defined a Design Era

Sharp, angular "wedge" styling briefly defined an entire generation of sports car design in the 1970s and 80s. Few examples of that era executed it as dramatically or as memorably as this one.

Generations at a Glance

Version Years Engine Gearbox Body 0–60mph Top Speed Price New
Esprit S1 (four-cylinder) 1976–1978 2.0L four-cylinder, 160bhp (Europe) 5-speed manual Coupe approx. 8.0s approx. 133–138mph not reliably documented
Esprit Turbo (later four-cylinder) 1980–1996 2.2L turbocharged four-cylinder, up to 264bhp 5-speed manual Coupe approx. 5.0–6.0s approx. 150–163mph not reliably documented
Esprit V8 1996–2004 3.5L twin-turbo V8, 350bhp 5-speed manual Coupe approx. 4.4s approx. 174mph not reliably documented

Giugiaro's Wedge, Built to Actually Drive

Introduced in 1976, the Esprit's dramatic wedge-shaped body was styled by Giorgetto Giugiaro, one of the era's most celebrated automotive designers, translating angular concept-car drama into a genuinely producible mid-engined road car. Its fibreglass body, a Lotus signature material, kept weight low while allowing for the complex angular surfaces the wedge design required. Lotus's characteristic lightweight engineering philosophy, carried over from the Elan, kept performance strong despite a relatively modest four-cylinder engine in early versions, with later cars gaining a turbocharger to bring performance more in line with the car's visual promise.

The Real Story Behind "Wet Nellie"

The Esprit's appearance in 1977's "The Spy Who Loved Me," memorably transforming into a submarine, cemented its place in popular culture far beyond typical sports car enthusiast circles — and the true story behind the stunt car is genuinely stranger than the film itself. Lotus supplied seven Esprit fibreglass body shells to the production, and the actual submersible unit, nicknamed "Wet Nellie" on set, was built by Perry Oceanographic in Florida at a cost of over $100,000, operated underwater by a retired US Navy SEAL using electric motors and lever-steered fins in place of wheels. After filming, the submarine car vanished into a Long Island storage unit, its lease paid ten years in advance; when nobody claimed it, the unit's contents went to a blind public auction in 1989, where a local construction contractor won it for around $100 without knowing what was inside. He kept it for over two decades before consigning it to RM Auctions in 2013, where it sold for £550,000 — and the anonymous winning bidder later revealed himself to be Elon Musk, who has said he'd like to actually make the car transform for real.

How Much Does a Lotus Esprit Cost Today?

Well-preserved examples, particularly later turbocharged versions and cars with documented film connections, command solid prices among collectors specifically drawn to the car's distinctive wedge styling and cinematic history. Ordinary road-going Esprits remain considerably more attainable than the submarine car's headline-grabbing sale price might suggest, with turbo models generally commanding a premium over the earlier, less powerful four-cylinder cars for buyers prioritising outright performance over originality.

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Sources: Lotus Heritage archives, Wikipedia.