What successes did Panoz enjoy in racing?
In 1998, the Panoz GTR-1 finished Le Mans seventh overall and won the USRRC Team Championship. In 1999, an open-top version of the GTR-1 was developed to compete in the American Le Mans Series top class, Le Mans Prototype (LMP). The Panoz LMP-1 Roadster S was extremely competitive, winning the 1999 Team and Manufacturers Titles in the American Le Mans Series ahead of cars from sports car legends BMW and Audi. In its first-year of competition, the Panoz team won the 2002 Trans Am championship. The cars were competitive in 2003, winning ALMS races twice against larger teams.
