It's the 1962 Lolette-Chevrolet from South Africa built by Eric Brockhoven, who also built VW based Lolettes.
'The first racing Lolette had a chassis designed by John Meyers and was essentially the same as the Protea – a very rigid tubular space frame. Front suspension was firstly Ford perfect, chopped and then Jaguar based with discs. Gearbox was Alfa with a differential of Eric’s own design all connected to a big horse 4.7 litre Chev Corvette engine. Initially the car was an open sports racer and looked quite attractive.'
in 1964 it grew a roof, a rather ugly front and amazingly came to the UK to race. It still exists, was rebuilt back to 62 spec, and was for sale last year.
It now looks like this: