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Lola Cars enters administration


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#51 midgrid

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Posted 21 July 2012 - 18:44

The current issue of Autosport reports that Lola Composites is close to being sold, with Lola Cars to follow afterwards.

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#52 Cranclive

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Posted 07 August 2012 - 19:36

The current issue of Autosport reports that Lola Composites is close to being sold, with Lola Cars to follow afterwards.


Anymore news? The last conversation I had with a contact revolved around their concern that the terms and conditions for any aspirant purchaser were not that attractive.

#53 Woody3says

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Posted 19 September 2012 - 16:12

http://auto-racing.s...lolas-future/P1

#54 midgrid

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Posted 09 October 2012 - 19:54

Lola Cars ceases trading as no buyer comes forward

#55 SR388

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Posted 09 October 2012 - 20:03

Sad. I guess there just isn't money to be made.

#56 Doughnut King

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Posted 10 October 2012 - 03:31

So what now for the teams that use their designs?

Are there any series that still use Lola's alone?



#57 Victor_RO

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Posted 10 October 2012 - 08:25

So what now for the teams that use their designs?

Are there any series that still use Lola's alone?


AutoGP uses only Lolas but they're moving to a redesigned car for 2013. One of the LMP teams currently running Lolas (Kodewa) will switch to its own in-house-built chassis next year, another one (Rebellion Racing) is in talks with Lola's former suppliers and subcontractors in order to build its spare part inventory for a full 2013 season with their current cars.

#58 Magoo

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Posted 10 October 2012 - 09:08

What is Martin Birrane up to these days? He has a bob or two, doesn't he?


And decided to keep them, it would appear.

#59 Peat

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Posted 10 October 2012 - 09:09

The tooling and moulds will soon be in an auction.

Any carbon laminator worth thier salt will buy them and start whacking out spares.

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#60 Victor_RO

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Posted 10 October 2012 - 09:17

The tooling and moulds will soon be in an auction.

Any carbon laminator worth thier salt will buy them and start whacking out spares.


Lola Cars is done for, but Lola Composites is still trading as a company and I believe that they own the tooling for whacking out carbon fiber components.

#61 Woody3says

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Posted 16 October 2012 - 16:08

Yeah!

http://auto-racing.s...-new-ownership/

#62 Jimisgod

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Posted 16 October 2012 - 16:18

Yeah!

http://auto-racing.s...-new-ownership/


A Haas Lola?

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#63 Woody3says

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Posted 24 October 2012 - 19:29

@dscuseditor: Multimatic/Haas deal with Lola is finalized. This is for mfg of parts and support. Multimatic will not become Lola or become a constructor

Good to hear that teams won't be left high and dry now.

#64 Ross Stonefeld

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Posted 24 October 2012 - 19:33

Do you need the licensing? Could you not just make Part X to fit a Lola race car?

#65 nissan_gtp

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Posted 24 October 2012 - 22:05

http://auto-racing.s...-new-ownership/