In Rosset's only option in Formula One was to join MasterCard Lola, where he was partnered with his former F3000 teammate Vincenzo Sospiri. However, the team pulled out of Formula One after one failure to qualify at the 1997 Australian Grand Prix due to an uncompetitive and underdeveloped car, the &lt;a href="Lola%20T97/30"&gt;Lola T97/30&lt;/a&gt;, and a breakdown in sponsorship from MasterCard. Rosset was left without a drive for the rest of the season.