Lola  
(1997)


 

Active Years in Formula One: 1997

Statistics:

Attempted

Started

Finished

Best Result

Points

1

0

0

23rd (DNQ)

0

Drivers:
Vincenzo Sospiri - 0 Starts / 1 Attempt
Ricardo Rosset - 0 Starts / 1 Attempt

Though Lola has a long history in Formula One, they always had a partner firm to help them along the way, such as Haas, Larrousse or Scuderia Italia. In 1997, Lola made a swift and ambitious move to return to F1 on its own. The team secured multiple sponsorship deals with companies such as Mastercard and Pennzoil, and had a good financial base, but unfortunately they neglected to put the required time, money and effort into the most important component of any racing team, the car. When the team arrived in Australia for the first race of the year, sporting their sharp liveried cars with big money sponsors, they were horrified to find that the cars were painfully slow. So slow, in fact, that their best qualifying time was a full eleven seconds off of pole, and that was not even close to the minimum required 107% rule to get into the race.
When the sponsors saw this performance, they promptly pulled their support of the project, leaving Lola with the bill. Without a car, and now without sponsorship, the Lola team was essentially dead in the water. The debts ended up sending the parent company, Lola Cars, into bankruptcy.
This team is probably the most pathetic attempt that Formula One has ever seen. Lola showed up for one race weekend, and were never seen again.
 
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