A Vintage Lotus That Stays Ahead of the Curve

Joshua Schachter, 47, an entrepreneur and angel investor living in Los Altos, Calif., on his 1962 Lotus Type 23, as told to A.J. Baime.

I’ve been club racing for a while in a Spec Miata [a Mazda model converted for racing] and I wanted to try historic racing. Right around the time I was thinking about what kind of car to get, four years ago, a friend of a friend decided to sell this Lotus 23. I thought of it as a beautiful piece of history with a great engineering story, and it was substantially less expensive than a vintage Ferrari or Porsche of its era. What I paid for this vehicle won’t even get you in the nicest Tesla.

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