HVM Racing owner Keith Wiggins has confirmed plans to expand the team's restoration operations for existing Lola car owners. British-based Lola Cars went into administration in May.
Wiggins helped get Lola back on its feet following its previous brush with bankruptcy in 1998 and served as president of Lola Cars International, Inc. in the U.S. and director of marketing at Lola in the UK, as well as being a customer of the marque for many years in Europe and the U.S.
The team already holds a large stock of Lola inventory and plans to use its connections to increase the available services the team offers to owners of Lola cars, past and present. HVM will also prepare three Lola Champ Car chassis with engines for demonstration and marketing events.
The HVM Racing facility, located in Indianapolis, fields Simona de Silvestro in a Lotus-powered Dallara IndyCar, and also has offered services that include selling existing parts, fabrication, and complete restoration services and plans to expand to meet a niche demand.