In the autumn of 2014, LU Racing was on a good streak. The last two cars were quick, and had been doing well at competitions. Unfortunately they had also been very expensive, and taken two years to complete. Lund University gave the team an ultimatum, the next car needed to cheaper and be ready for the 2015 competitions. The team also decided to change name to Lund Formula Student, meaning a name change for the cars as well.
The LFS-15 was decided to be a re-iteration of the LUR6 concept, with more focus on manufacturability and reliability. A lot of the parts that were previously made of carbon fiber were instead made of heavier materials.