Lola have followed Prodrive in announcing they will not apply for an entry into Formula One for the 2011 season.
The team, based in Huntingdon, applied for the 2010 season, but like Prodrive their bids weren’t successful. They confirmed on their website today that a 2011 bid isn’t viable in such a short timeframe.
“A 2010 entry under the cost capped and performance balanced criteria was perfect for Lola. We already have F1 standard facilities at our headquarters in Huntingdon. Sadly our well-developed 2010 F1 project, which included a significant wind tunnel programme, had to be frozen in June 2009,” Executive Chairman and owner, Martin Birrane said.
“The recently announced applications for 2011 has left us with insufficient time to prepare for what would be a quite different programme.”
Lola Managing Director, Robin Brundle, added: “Lola looks forward to strengthening its working partnerships with existing F1 Teams and the rich variety of customers throughout the Lola portfolio.”
The manufacturer will focus on it’s Le Mans entry where nine Lola designed cars will be competing in the 24 hour race.
