When Lola Cars International filed for bankruptcy in May of this year, the expectation was that a buyer would be found because, after all, it's Lola. Over the past 54 years, the British racecar builder has had its aluminum and carbon fiber fingers in every top series and a cornucopia of feeder series', and it continues to have cars racing on tracks as you read this. A report on Speed puts paid to that, however, with word that no suitable buyer came forward and hence the division has been shut down and will probably have its assets sold. For the moment, the move only affects Lola Cars, which is the car building arm of Lola Group Holdings.
Autoblog , Lola shuttered as administrator unable to find buyer for bankrupt automaker
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maximum, Lola shuttered as administrator unable to find buyer for bankrupt automaker
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