The Pescarolo 01 was the first sports prototype racing car built entirely by French team Pescarolo Sport. It had been designed to meet the LMP1 and LMP2 regulations for Le Mans Prototypes in the Le Mans Series as well as at the 24 Hours of Le Mans, and replace Pescarolo's previous C60 chassis which had been heavily modified from cars purchased through Courage Compétition. The 01s debut was at the 2007 1000 km of Monza. 2011 saw the return of a Pescarolo works team under the form of a new team named Pescarolo Team, succeeding to Pescarolo Sport, being bankrupt in July 2010 after their financial difficulties. Pescarolo Team raced in the LMP1 class in the 2011 Le Mans Series season at the 2011 24 Hours of Le Mans. OAK Racing raced their own modified version of the 01 with two LMP1 cars and two LMP2 cars. The No. 35 OAK Pescarolo 01 finished third in the LMP2 class at the 2011 12 Hours of Sebring, the other two cars OAK Racing brought along (which were LMP1 cars) both retired, one of which led the race overall for a brief period after a full course caution. Pescarolo Team competed at the 6 Hours of Castellet with one car. Pescarolo's return was a dream comeback as they won overall. The grandfathered V10-powered car finished one lap ahead of second place car with Emmanuel Collard, Christophe Tinseau and Julien Jousse piloting the car.
