[1] Unveiled at the Goodwood Festival of Speed in 2015, it was launched in 2016 at a price of £82,500 for the road version (plus VAT) (£116,500 (including VAT) for the race version) and limited to a production run of 311 units worldwide.

[2] In February 2018, the road version received cosmetic and mechanical updates like the rest of the Lotus line up for the final run of production with engine power increased to 430 hp (436 PS; 321 kW) and performance similar to the race version.

The engine is similar to the one found in the Lotus Evora, but with variable power outputs, producing 410 bhp (416 PS; 306 kW) at 7,000 rpm and 410 N⋅m (302 lb⋅ft) of torque at 3,000 rpm in the road version,[4] and with engineering changes and software revisions to produce 460 bhp (466 PS; 343 kW) at 7,000 rpm and 525 N⋅m (387 lb⋅ft) at 3,500 rpm in the race version.

[6] Acceleration times also vary with the road version having a 0–62 mph (0–100 km/h) acceleration time of 3.3 seconds and the race version having an acceleration time of 2.9 seconds which is achieved due to a reduction in dry weight by 35 kg (77 lb).

A more powerful and track focused version of the road car was launched in February 2018 dubbed the 3-eleven 430 edition, having an increase in the power output to 430 hp (436 PS; 321 kW) and performance now similar to the racing version.