Dodd had an eagle, six birdies and two bogeys at the Donnafugata Golf Resort and Spa while Lara overcame a double bogey and a bogey with nine birdies for his 65.
Raphael Jacquelin had a bogey-free round and Anthony Wall collected six birdies against one bogey in ending the day tied for third at 5-under 66. Four players are tied for fifth at 4-under.
Dodd had the early lead after posting birdies at Nos. 2 and 3. He added a birdie at the seventh hole but bogeyed the ninth. He had another bogey at No. 11 but birdied Nos. 10, 12 and 13. He got to 6-under with an eagle at the par-5, 565-yard 16th hole.
Lara also had a birdie at No. 3 but suffered a double-bogey 6 at the 422-yard fourth hole. He answered with a birdie at the fifth hole and had another birdie at 7. He dropped back to even with a bogey at the eighth hole but had birdies on four of the next five holes.
Lara pulled even with Dodd with birdies at 16 and 17.
Notable deaths of 2014 [PHOTOS]