We'll going by the description given, yes, although genuine parts will be black and it's p/n is/was STC3197
 
The red one is Lucas equivalent to Genuine going by their p/n.
What I've seen on eBay they are now sold by new Lucas not the original Lucas of old.
Try either, if you get a misfire u know what's wrong :):)
 
Just replaced it and its made a difference! it idles nicer now and there's no occasional hunting just sits at 5/600RPM, the magnetic pickup was very rusty as was the arm but i wire brushed them and put a tiny spray of WD40 and so far so good!
 

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