Lola Cars
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| Industry | Auto racing design and production |
|---|---|
| Founded | 1958 |
| Founder | Eric Broadley |
| Defunct | 2012 |
| Headquarters | Huntingdon, England, UK |
| Owner | Martin Birrane |
| Divisions | Lola Composites Lola Special Projects Lola Aylings |
| Website | www |
Lola Cars International Ltd. was a racing car engineering company founded in 1958 by Eric Broadley and based in Huntingdon, England. Enduring more than fifty years, it was one of the oldest and largest manufacturers of racing cars in the world. Lola Cars started by building small front-engined sports cars, and branched out into Formula Junior cars before diversifying into a wider range of sporting vehicles. Lola was acquired by Martin Birrane in 1998 after the unsuccessful MasterCard Lola attempt at Formula One.
Lola Cars was a brand of the Lola Group, which combined former rowing boat manufacturer Lola Aylings and Lola Composites, that specialized in carbon fibre production. After a period in bankruptcy administration, Lola Cars International ceased trading on 5 October 2012. Many of Lola's assets were subsequently purchased by a partnership composed of Multimatic Engineering and the Carl A. Haas Automotive company.
Lola was one of the top chassis suppliers in the 1960s. After its small front-engined sports cars came various single-seaters including Formula Junior, Formula 3, Formula 2 and Formula 1 cars. Broadley designed Lola Mk.6 coupe fitted with the Ford V8 engine. Ford took a keen interest in this and paid Broadley to put the company on hold for two years and merge his ideas with Roy Lunn's work, giving rise to the Ford GT40. Broadley managed to release himself from this contract after a year and started developing his own cars again, starting off in sports cars with the Lola T70 and its successors (T16x, T22x) which were used successfully all over the world from the World Championship for Makes to the CanAm series, until 1973. In 2005, Lola announced that a new batch of T70 coupés, to the original specifications, would be released. These will be homologated for historic racing and there is talk of a one-make series for the cars.
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