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Lola considering 2010 F1 entry

Aug 26, 2008
2,550
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Birtish racing car manufacturer, Lola, is considering re-entering Formula 1 next year after 12 years aways from the sport after confirming that it has committed to a full technical, operational and financial evaulation of the project.

The Huntingdon-based company says it decided on its plans following the FIA's announcement that it would introduce cost-capping to Formula 1, in March.

"The announcement that teams may opt for a prudent, financially responsible 'cost capped' regime from 2010 has resulted in us deciding to fully evaluate the opportunity to develop a car to compete in the FIA Formula One World Championship," said Lola Group executive chairman Martin Birrane.

"Providing world-class engineering excellence, offering high quality solutions governed by a tightly controlled financial regime has been part of Lola's DNA over the last decade.

"The current necessity for F1to adopt a responsible approach in times of economic uncertainty has created the ideal conditions for us to consider developing a car for the world championship.

"Lola possesses the technical resources, capability and know-how to develop cars capable of competing at the very highest levels of international motor sport, including F1. We are therefore embracing the WMSC's timely announcements and assessing a relevant programme for F1 with a view to making a formal entry in the coming weeks."

http://www.autosport.com/news/report.php/id/74698

 
A

Andrew Evans

you can't make lola without lol....

car pictured above was a real classic....
 
K

Knetterclown NL

Nice i hope there will be more teams joining the 2010 season
 
T

tom.webb@gmail.com

the last effort Lola made was obviously shockingly bad, both in terms of the car and the way the entry was funded - Visa had a deal with them that meant more money would be invested for every F1 fan who signed up to the lola F1 card.... as you can imagine that didn't raise a huge amount of funds - but this time my money's on them to get it right pretty quickly. I'd guess years 1 and 2 are used as development, with 3 giving them points and mid-table respectability. they have the facilities to design and build a decent car and they know how to race, so good luck to 'em. More British entries can only be good.
 

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