Lloyd was the 2003 British Racing Driver of the Year and went on to win the 2007 Indy Lights Championship and finished fourth in the 2010 Indianapolis 500.
This followed a second place finish in the Formula Renault UK championship behind Lewis Hamilton and ahead of James Rossiter and Mike Conway.
As a last attempt at providing finance for Lloyd's career, his parents sold their house in Port Soderick in the Isle of Man.
Later in the season he won the Valley of the Moon 100 for AFS Racing, held at Infineon Raceway, and went on to finish seventh in the final standings.
He became the first person to have won on both the road course at Indianapolis Motor Speedway and also the famous two and a half-mile oval itself, until Will Power did the same in the Indycar series in 2018.
Still without the finance for a full-time drive, Lloyd returned to the 2009 Indianapolis 500, racing for Sam Schmidt Motorsports in partnership with Ganassi.
Lloyd was sponsored by HER Energy Drink and wore a hot pink firesuit for the entire month to match his car's distinctive colour scheme.
In 2010 Lloyd teamed with Dale Coyne Racing to drive the number 19 car sponsored by the Boy Scouts of America.
The four drove a BMW-powered Norma, becoming the first team in history to win the event in a machine from the "sports racer" ESR class.
[2] Since 2012, Lloyd has reviewed production cars for outlets including Jalopnik, Automobile Magazine, Road & Track and Yahoo Autos.
His second oldest, Bethany, was due to be born on May 24, 2009, the same day Lloyd was scheduled to race in the Indianapolis 500, generating significant media attention.