Embassy Hill Lola, 1970s Haas Lola, 1986 Larrousse Lola, 1989 MasterCard Lola, 1997

Racing car manufacturer Lola has once again indicated its desire to make another return to Formula 1 competition.

The chassis-builder has had an on-off relationship with the sport, building cars for the likes of the Hill, Honda, Haas, Larrousse and Scuderia Italia teams between the 1960s and 1990s before it threw its lot in with a self-run entry in 1997, pulling out being dramatically off-the-pace at the season-opening Australian Grand Prix.

It had flagged a re-entry to the sport in 2010 when the USF1 project failed to get off the ground, but later pulled the pin when the FIA tried (unsuccessfully) to tender to fill the thirteenth team slot for the 2011 season.

But now Lola MD Robin Brundle (brother of former Grand Prix driver-turned-commentator Martin) has now indicated that they would be keen to attempt another return to the sport.

“Motor sport is a third of our business, and we’re happy to expand in any direction. We’re on schedule to hit a turnover of ($40 million) this year, and within five years, we expect to top ($77 million),” he told Auto Week.

“But a Formula 1 programme will take us up by tens of millions,” he added.

“We’ve retained the capability. We can do everything in one building, and we’re hopeful that, if the FIA bring back the thirteenth license, we can bid for it.”

[Images via LAT]

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Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.