MasterCard Lola
 |
|
| Full name | MasterCard Lola Formula One Racing Team |
|---|---|
| Base | Huntingdon, United Kingdom |
| Founder(s) | Eric Broadley |
| Noted drivers |
 Vincenzo Sospiri Ricardo Rosset
|
| Formula One World Championship career | |
| First entry | 1997 Australian Grand Prix |
| Races entered | 2 (0 starts) |
| Engines | Ford |
| Constructors' Championships |
0 |
| Drivers' Championships |
0 |
| Race victories | 0 |
| Pole positions | 0 |
| Fastest laps | 0 |
| Final entry | 1997 Brazilian Grand Prix |
The MasterCard Lola Formula One Racing Team often known as MasterCard Lola or simply Lola was a British Formula One team that contested one race in the 1997 Formula One season. It quickly withdrew from the sport after failing to qualify in its sole race, after being more than 11 seconds off the pace in qualifying.
After years of providing chassis to other teams, mainly Larrousse, team principal Eric Broadley planned a team that would compete solely under Lola ownership. A prototype chassis was first tested in 1995 with Allan McNish and in late 1996 Broadley announced the team's participation in the near future. The team had originally intended to enter F1 in 1998, but entered a year early in 1997, Broadley saying that this was due to commercial pressures from the team's sponsors, primarily from title sponsor, MasterCard.
The Lola chassis, dubbed the T97/30, was based on most of their IndyCar technology yet never saw the inside of a wind tunnel and barely had on-track tests. This was mainly because the design of the engine fell behind schedule.
The engine, the responsibility of Al Melling, was originally planned to be an in-house Lola V10, designed specifically to take into account the rear streamlining of the car and the underneath of the car in the area of the diffuser. Unfortunately, the engine was not developed in time and Lola were compelled to use the Ford ECA Zetec-R V8 engine, the same specification V8 as used by the Forti team in the 1996 season.
Vincenzo Sospiri and Ricardo Rosset were signed to drive. By the time the car made it to the 1997 Australian Grand Prix, the team's failings were laid bare, with the cars bottom of the qualifying timesheets by a considerable margin. Under 1997 rules, drivers would only be allowed to start a race if they set a qualifying time within 107% of the pole position time or if under exceptional circumstances, they fail to qualify, their time in practice would be considered. At 11 and 13 seconds respectively, with the unintended Ford unit, Sospiri and Rosset were nowhere near achieving this. While fellow newcomers Stewart Grand Prix had performed respectably, the Lola cars would not be seen at a Formula 1 event ever again.
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