lola going bust

[Rowan138]

lola cars applied for administration
http://www.bbc.co.uk/news/uk-18089584

[suffolk009]

Just saw the report on Anglia News.

Tragic. Sad for everyone.

[lazyitus]

That's really sad news. Such an iconic name in the motorsport world. I hope they sort something out soon.

[fatboy69]

Thats a shame. I wonder if it has anything to do with the Lotus debacle as i read somewhere that Lola hadnt been paid by Lotus for the indy car chassis's that had been built.

Might be wrong on that point as i cant remember where i read about it.

Hope that something can be salvaged as the thought of one of the mainstays of motorsport going out of business is not a nice one.