Lola

Lola logo image
  • FOUNDERS

      Eric Broadley

  • Founded in
    • 1958
  • Headquarters city
    • Huntingdon
  • Country
    • United Kingdom
  • Status
    • Inactive

Company

Lola Cars International Ltd. was a British company that specialized in engineering race cars. Founded by Eric Broadley in Bromley, England in 1958, the company relocated several times before settling in Huntingdon, Cambridgeshire. Lola began by producing small front-engined sports cars and later expanded into Formula Junior cars, eventually diversifying into a wide range of sporting vehicles. In 1998, the company was acquired by Martin Birrane after an unsuccessful attempt to enter Formula One. Lola Cars was a part of the Lola Group, which included Lola Aylings, a former rowing boat manufacturer, and Lola Composites, a carbon fibre production company. Despite enduring for over fifty years, the company eventually went bankrupt in 2012. However, many of its assets were later acquired by Multimatic Engineering and the Carl A. Haas Automotive company. In 2022, Lola Cars was purchased by Till Bechtolsheimer, who plans to revive the company within the next two years.

History

Lola Cars International Ltd. was a British racing car engineering and manufacturing company, founded in 1958 by Eric Broadley and based in Huntingdon, England. The company was named after Broadley's late wife Lola. Lola initially focused on producing sports cars for customer racing teams, with their first design, the Lola Mk1, becoming an instant success. The company's reputation grew throughout the 1960s and 1970s, with their cars competing and winning in various racing categories, including Formula Junior, Formula Three, Formula Two, Formula 5000, and Can-Am. In the 1980s, Lola shifted its focus to designing and building chassis for IndyCar racing teams in the United States, with many successful partnerships and race wins. The company also expanded into designing and building chassis for other racing series, including Le Mans prototype cars, touring cars, and rally cars. Despite experiencing financial difficulties in the 2000s, Lola continued to produce successful racing cars and chassis until it went into administration in 2012. The company's assets were later sold, and the Lola brand continues to exist in various forms today.

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