Has to be Life. For perennial outrageous underachievement that would have required a 300% rule to qualify. At least Andrea Moda got to the grid once.
Honourable mentions to Kauhsen, who had the sense to give up after 3 hapless DNQs (and the early prototypes of that car were downright odd; very short, TG183esque rear wing, no front nosewings avant l'heure), and to Broadley Lola who were somewhat screwed by a ludicrous sponsorship agreement that took me about 2 seconds to consider hopeless when I heard about it.
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