Complex sentence: MasterCard Lola (often described simply as Lola) was a former Formula One team that contested one race in the 1997 Formula One season, that quickly withdrew from the sport after failed to qualify in its sole race.
Split into simpler sentences: MasterCard Lola (often described simply as Lola) is a former Formula One team that contested one race in the 1997 Formula One season. It quickly withdrew from the sport after failing to qualify in its sole race.