Emergency services were alerted to the fire before 8am. NSW Fire and Rescue personnel were quickly on scene along with police officers and found the car, identified as a Lotus, to be well alight in front of the Goulburn Bowling Club on Sloane Street.

The fire was quickly extinguished and there were no injuries reported.

According to police, the driver belonged to a racing club, and it's believed a fault in the restored car may have caused the rear to catch alight.