This reminds me of fitting wheels on German cars that use bolts. You use a long threaded "rod" to hold the wheel while you screw in the first few bolts.
That's a clever solution to your problem but I think JB's suggestion would be better at making sure the wheel is centered - something that is not guaranteed on older Lotus Brand wheels since the holes can get wallowed out a bit over time though I wonder if the clamping of the washer against the wheel will hold the wheel tight enough not to move relative to the studs. After all, the washer was clamping the wheel when the hole got wallowed out in the first place.