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grumpyoldb
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British racing car manufacturer Lola is considering re-entering Formula 1 next year after confirming that it has committed to a full technical, operational and financial evaulation of the project.
The Huntingdon-based company has a long history of building F1 cars and last appeared with a short-lived and unsuccessful works team at the start of the 1997 season.
However, in the wake of the FIA announcing last month its plans for teams to be able to compete in F1 under a £30 million budget cap, Lola executive chairman Martin Birrane now believes the time is right to consider a return.
http://www.autosport.com/news/report.php/id/74698
The Huntingdon-based company has a long history of building F1 cars and last appeared with a short-lived and unsuccessful works team at the start of the 1997 season.
However, in the wake of the FIA announcing last month its plans for teams to be able to compete in F1 under a £30 million budget cap, Lola executive chairman Martin Birrane now believes the time is right to consider a return.
http://www.autosport.com/news/report.php/id/74698