Lola Cars, one of the world’s iconic motorsport brands, and the most successful manufacturer of customer racing cars of all time, today announced it is under the new ownership of US-based Englishman Till Bechtolsheimer.
With the completion of the transaction, Lola Cars Ltd. now controls all of the assets of the iconic British brand that has designed and produced nearly 5000 race cars spanning 400 different model types, gaining unparalleled success in motorsport championships around the world including IndyCar, Le Mans, Formula 1, Formula 3000, Formula 5000, A1GP and Touring Cars.
For the new owner the opportunity to acquire and steer one of motorsport's most iconic marques was one too good to waste. “I have had a lifelong passion for motorsport and, like most motorsport fans, have always loved the Lola brand. What both Eric Broadley and Martin Birrane achieved with Lola is awe inspiring. It is a daunting but exciting prospect to try and rebuild Lola in their footsteps and do justice to their legacy,” said Bechtolsheimer.
Amanda Birrane, Chairman of Peer Group plc, the Birrane family Property Company based in London, said “My family is very pleased that the Lola brand is in the ownership of a businessman and racer who will write the next chapter for this long-established British motor racing icon. My father would be delighted to see Lola back in competitive motorsport and especially back at Le Mans. We wish Till every success.”
