Lola Decline Option To Enter F1 In 2011


Lola have chosen not to submit an application to enter Formula One in 2011.

Instead, the Huntingdon based firm will continue as a supplier for the current crop of Formula One teams, as well as supporting their hugely successful LMP sportscars, nine of which are entered for this year's 24 Hours of Le Mans – their largest entry for 30 years.

Lola will also remain active in several other industries including aerospace and defence.

The decision not to enter the race to fill the void left by the failed USF1 team follows Lola's unsuccessful application to join the grid for this season and withdrawal before the spot vacated by BMW-Sauber was open.

“A 2010 entry under the cost capped and performance balanced criteria was perfect for Lola,” explained Martin Birrane, Lola's owner and Executive Chairman. “We already have F1 standard facilities at our headquarters in Huntingdon. Sadly our well-developed 2010 F1 project, which included a significant wind tunnel programme, had to be frozen in June 2009.”

“The recently announced applications for 2011 has left us with insufficient time to prepare for what would be a quite different programme.”