Designed by Colin Chapman and Maurice Philippe, the 49 was the first F1 car to be powered by the now-famous Ford Cosworth DFV, V8 with 2,998 cc. The 49 was an advanced design in Formula 1 because of its chassis configuration, Lotus was the first team to use aerofoil wings, the wings were mounted several feet above the chassis of the car for effective use in clean air, however after several breakages which led to near fatal accidents, the high wings were banned and Lotus was forced to mount the wings directly to the bodywork. Since then virtually all Formula 1 cars have been built this way. Of the twelve 49s built only seven remain.Â