Lola Spyder in ordine cronologico

Since 2005, Lola continually upgraded the B05/40, including various bodywork upgrades for improved aerodynamics. In late 2006, a new chassis for Fernández Racing's Acura team was built which included slight upgrades, leading to Lola terming the car B06/40. However, for the beginning of the 2007 season, Lola unveiled further upgrades that were used by nearly all B05/40 customers. These upgrades included a redesigned front end, which replaced the NACA ducts with a single opening in the nose. Although all chassis have been upgraded, the naming of each car varies depending on the team, with B05/40, B06/40 and B07/40 all being used. Another modified B05/40 was used by Ray Mallock Ltd. While called a MG EX264, this car is effectively 90% B05/40. It was later upgraded to include the 2007 bodywork, while retaining the EX264 name.

В 2007 году Fernández Racing стала одной из трех поддерживаемых заводом команд в новом проекте Acura LMP2 в американской серии Ле-Ман. В то время, как Andretti Green Racing и Highcroft Racing использовали шасси Courage LC75 и работали над конструкцией шасси и аэродинамической модификацией, Fernández Racing использовала шасси Lola и сосредоточилась на тестировании нового двигателя Acura V8.