The Lotus 32 was a Formula 2 racing car built by Team Lotus in 1964. It was developed from the Lotus 27 Formula Junior model. Twelve cars were produced, four of which were run by Ron Harris Team Lotus, whose drivers included Jim Clark and Mike Spence. Spence won the 1964 Autocar British Formula 2 Championship while Clark was fourth in the Trophées de France Championship.
The chassis of the 32 was an aluminium monocoque with steel front and rear bulkhead and centre section to bring it up to weight. Suspension followed the usual Lotus practice; coil spring/damper units were mounted inboard at the front and outboard at the rear. The front wishbones were slightly wider-based while rear geometry had changed and was fully adjustable, unlike the Lotus 27. The Girling brakes were outboard all round.
The 32 was powered by the new Cosworth SCA 998 cc engine with twin 40DCM2 Weber carburettors, producing 115 bhp (86 kW) at 8700 rpm. The engine was canted over at an angle of 25 degrees in the chassis and was mated to a Hewland Mk IV five-speed gearbox.
At the end of the 1964 F2 season, one chassis was modified to a Lotus 32B. It was fitted with a 2497 cc Climax FPF engine, 4 speed Hewland HD transaxle, different suspension and wheels and was driven by Jim Clark in the 1965 Tasman Series, which he duly won. The car remained in New Zealand, being sold to , who drove it to fourth in the following year's Tasman championship.
F2 races won: Pau Grand Prix - Eifelrennen Germany - Guards Trophy United Kingdom - Aintree 200 - Snetterton - Enna- Sicily
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