Lola to Join Formula E Grid Beginning with 2024-25 Season

Lola is starting the next chapter of its racing heritage by joining the ABB FIA Formula E racing series.

The manufacturer made the announcement today that it will make its first entry in the all-electric open-wheel racing series in a technical partnership with Yamaha Motor Company beginning in the 20245-25 season. Yamaha will develop and supply the car's GEN3 Evo platform powertrains.

“We are thrilled to confirm our entry in Formula E. For us, this is more than just an opportunity to return Lola to the track, it’s also a fantastic platform for technological development," said Mark Preston, motorsport director, Lola Cars Ltd. "This project will allow us to create a unique electrified platform with a software focus at its core to provide a basis for Lola’s wider plans in defining the future of motorsport technology.”

Lola says the Formula E entry is the first of several projects planned to re-establish the British company as an industry leader in sustainable engineering and motorsport, focusing on electrification, hydrogen and sustainable fuels and materials.

“We are incredibly excited to be partnering with the Yamaha Motor Company as we enter the ABB FIA Formula EWorld Championship," said Till Bechtolsheimer, chairman, Lola Cars Ltd. "To be selected by one of the most innovative OEMs in the world to partner on a project of this significance is a testament to the caliber of the team that we have been building at Lola.

“The focus of this project is squarely around technological development in which Lola is fully invested. We see the highly efficient 350 kW electric powertrain that underpins the manufacturer’s perimeter in Formula E, as a cornerstone technology with exciting applications across many forms of top-flight international motorsport in the coming years.”

Nissan Extends Formula E Commitment

In other Formula E news, the series announced on Thursday that Nissan plans to stay in the series until at least 2030. That makes Nissan the first manufacturer to commit as far out as Formula E's Season 16 (2029-30).

“We’re very happy at Formula E to see Nissan extending their involvement in the series until 2030," said Formula E CEO Jeff Dodds. "Nissan shares our values of promoting sustainability around the world, striving for the best automotive performance through electric solutions.

"Having a truly global brand like Nissan, with great presence in every country we visit and beyond, is vital for us as a truly global championship. It not only helps us promote the series to a wider and more diverse audience, but also contributes enormously to promote EV technology worldwide. Nissan is a highly respected manufacturer that is perfectly aligned with our goals and values, and we’re excited to see the role the marque will play in the bright future ahead of us.”