Lola is set to make a return to motorsport in 2024 by joining the Formula E World Championship as an entrant and a powertrain supplier in a technical partnership with Yamaha.

[2] The administrator, CCW Recovery Solutions, was unable to find a suitable buyer and the firm ceased trading on 5 October 2012, laying off the last employees.

[3] On 16 October 2012, it was announced in the competition press that some assets of Lola Cars were acquired by Multimatic Inc. and The Carl A. Haas Automotive company.

In addition to the asset purchase, Multimatic and Haas obtained a licence agreement to use the Lola Cars name and intellectual property.

The assets bought include the brand and trademarks, intellectual property, and the Lola Technical Centre (with wind tunnel).

More recently, Lola produced a range of sports cars for Le Mans-style racing starting with the B98/10, which was successful in the European market but less so in the USA.

It also earned several class wins in the American Le Mans Series in 2005 and 2006 with Intersport Racing, including a second-place overall finish in the 2006 12 Hours of Sebring.

[12] Lola resisted making a 'works' (i.e. a factory) Formula One entry for many years, being content to construct cars on behalf of other entrants.

Alan Jones was tempted out of retirement to drive it in F1 races towards the end of the 1985 season, with Patrick Tambay joining in a second car for 1986.

Car, engine, drivers and sponsors were all troublesome and the team folded after the 1986 season with most of its assets (including the factory) being sold to Bernie Ecclestone.

He used the team's factory to build the ill-fated Alfa Romeo "ProCar" (a series for "silhouette" touring cars with F1-style mechanicals and engines).

Starting from a simple Cosworth-powered car based on Lola's F3000 technologies, the French team built up a steady reputation in normally aspirated F1 from 1987 on.

They attracted Lamborghini V12 power for 1989 and once the Chris Murphy-designed car was on stream, scored some good results with Éric Bernard and Aguri Suzuki.

The team experienced some problems after Didier Calmels's arrest for the murder of his wife, but continued at a slightly lower key with Cosworth power again.

Badoer finished 7th in the 1993 San Marino Grand Prix, a race of high attrition, to score the best Lola result of the season.

Lola built a number of Cosworth V8 powered test cars in 1994–95, with rumours of a Havoline-funded quasi-works Ford team.

The cars had a lot of problems, the worst being aerodynamics – they had never even been tested in a wind-tunnel when they arrived in Australia, which by that point in time was unthinkable.

In the All Japan F3000, Aguri Suzuki became the champion by making full use of both Reynard and March, and Kazuyoshi Hoshino was second in the series ranking in the Lola group.

Kazuyoshi Hoshino, who controlled this T90/50 in All Japan F3000, and Eric Comas, who entered from DAMS and drove the T90/50 in International F3000, became the champion, and Reynard users changed to Lola in the middle of the season.

Allan McNish, who had a hard time in International Formula 3000 and participated in the previous year's champion team DAMS, suffered two qualifying losses in the three races since the opening.

At the All-Japan F3000, some teams took measures such as introducing lightweight under panels and transmission cases to reduce the weight of the rear of the machine and installing a T92/50 gearbox.

The T93/50, driven by Vincenzo Sospiri, set a new time for Reynard, and Lola was confident in receiving orders from the international F3000 team for the coming season.

In order to prevent the cost of entering the international F3000 from rising, the machine was Lola and the engine was Gibson Judd's one-make series, eliminating competition in terms of hardware.

Lola entered this market as well, and after some interesting struggles with McLaren, Team Surtees and Chevron, came to dominate the later years of the series, producing the bulk of Formula 5000 cars throughout the 1970s – these competed in F5000 in Europe, the US and Australasia.

Lola made a seamless switch into this kind of "sports car racing", and won five consecutive Can-Am championships.

Once again, Lola showed its ability to succeed in all motorsports outside of Formula One, pushing March down to one team for the 1990 CART season, and out of the series altogether by 1991.

Six years after its full-time entrance into Indycar racing, Lola triumphed at Indy again, as the winning car for Arie Luyendyk in the 1990 Indianapolis 500.

In March 2024, it was announced Lola would make its return to single-seater racing in the 2024–25 season of Formula E as a powertrain supplier in a technical partnership with Yamaha.

The partnership was broken in 2005, with Lola building their own chassis which won its debut race in the British series, but the Dallara near-monopoly held.

The bodywork was subjected to extensive aerodynamic testing at Lola Cars' wind tunnel and significant changes to body were made after that.