Lola Cars was an racing car engineering company founded in 1958 by Eric Broadley and based in Huntingdon, England. Enduring more than sixty years, it was one of the oldest and largest manufacturers of racing cars in the world. Lola Cars started by building small front-engined sports cars, and branched out into Formula Junior cars before diversifying into a wider range of sporting vehicles.
Lola is perhaps best known in modern times for their unsuccessful 'Lola MasterCard' attempt at Formula One. That team contested only one race, the Australian Grand Prix, in the 1997 Formula One season. It quickly withdrew from the sport after failing to qualify in its sole race, being more than 11 seconds off the pace in qualifying.
Lola succeeded in winning the largest-ever contract for single-seater racing cars in 2005, winning the contract for the A1 Grand Prix series. Lola built 50 identical Zytek V8-powered A1 Grand Prix cars, which were used for the first two seasons of the World Cup-style competition before being replaced by a Ferrari chassis and engine in 2007.
After a period in bankruptcy administration, Lola Cars ceased trading on 5 October 2012.