It has been reported by The Race that Lola has acquired the Formula E entrance license from ABT.
That means that Lola are now the sole owners of the license to compete although they remain in an operational partnership with ABT, they also become the seventh registered manufacturer in the championship.
Lola has already committed to remaining in Formula E through the Gen 4 era (2026 onwards). In 2023 there were discussions held by British businessman Till Bechtolsheimer with the FIA about acquiring a 12th license to enter the championship as a bespoke team but these talks broke down and following discussions about Lola buying into the MSG and later ERT teams eventually culminated in Lola buying into ABT operations.
It was also confirmed that the team have secured the partnership of PACETEQ a specialist firm who have worked with both the Mercedes and their successor McLaren Formula E teams.
Algernon Desnoyers
Algernon Desnoyers serves as the primary news correspondent for MotorWatts, delivering breaking stories from the Formula 1 and Formula E paddocks. His beat focuses on the shifting landscape of motorsport management, including high-profile driver transfers, team principal movements, and FIA regulatory updates. Algernon is known for his timely reporting on contract negotiations and silly season rumours, ensuring readers are the first to know about the off-track politics that influence on-track results. His work connects the dots between corporate decisions and their impact on the racing season.
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