The 1970 Guards European Formula 5000 Championship was a motor racing competition for Formula 5000 cars. The series was organized in the United Kingdom by the British Racing and Sports Car Club but also included European rounds. It was the first and only series to carry the Guards European Formula 5000 Championship name and the second of seven annual European Formula 5000 Championships to be contested between 1969 and 1975. The title was won by Peter Gethin, driving a McLaren M10B.