The Penske team had won the Daytona 24 six weeks earlier in a T70 and hoped to win Sebring but it was not to be when the rear suspension succumbed to the rough Sebring circuit.
However, both Chevrolet and sponsor Sunoco wanted Penske to go to Le Mans so the car was put on the transporter for the trip to the garages in Philadelphia. Unfortunately the crew driving the truck stopped in Ormond Beach, FL for some rest and relaxation (bar hopping) and when they awoke the next day the car was gone.
The shell of the car was found a day later but the engine and most of the other equipment were gone. The thieves had literally cut the engine from the frame ruining the car and ruining any chances of taking the car to Le Mans.
The immaculately prepared Penske Lola T70 Mk. 3B at Sebring in 1969.
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