On a Lola chassis with a 620-horsepower 8,200cc Chevrolet Corvette engine, Mchelotti’s aerodvnamic Lola prototype featured an ample glass area providing excellent visibilitv, aside from the thick B-pillar. The passenger area was in a steel structure with aluminum plugging. The front and rear ends were made of a single piece of resin strengthened with fiberglass.
The Lola Ultimo powered by a Chevrolet V8 mid-engine was ordered by a Canadian and was belatedely shown on the Geneve Auto Salon in 1981.
Giovanni Michelotti died in 1980 at the age of 58.
His son Edgardo continued his father’s work until 1990.
The last exhibited car of the Michelotti company was the "Villedeuxmille" shown 1990 in Torino. (only as a non functional maquette).
After that the name "Michelotti" vanished out of the circle of car designers.
Source: Concept Car Central; www.ultimatecarpage.com