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Promoted item:Autoart 1/18 Panoz GTR - 1 Street Car - Gold 78202

Autoart 1/18 Panoz GTR - 1 Street Car - Gold 78202

  • Condition
  • New
  • Time left
  • 21d 5h 2m
  • Brand
  • AUTOart
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  • 98.6% Positive Feedback
  • US $117.84
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  • Quantity 1 Available
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About Panoz

The Panoz Motorsports Group is an internationally renowned series of holdings owned by Don Panoz. The Motorsports Group is headquartered in Georgia. It features a number of high-profile racing tracks and races, including the American Le Mans series. Other Panoz holdings include Road Atlanta, the Mosport International Raceway, and the highly reputed Sebring International Raceway.The Panoz Group also does auto development and engineering. During the latter half of the 1980s, Danny Panoz developed the AIV Panoz Roadster and another car called the Panoz Esperante. In addition, the company manufactured an impressive G4 chassis, which was implemented in the design of many prestigious IndyCar Series racing vehicles. All told, the Panoz holdings and developments are estimated to be worth more than $100 million.The Panoz story started modestly in the beginning of the 20th-century, when patriarch Eugene Panunzio brought his family to the United States from Italy. Panunzio earned his money by boxing, and he established a home in Morgantown, West Virginia. His son, Don, used both his father's business earnings and his own savvy to develop a company called Mylan Laboratories.Don and his family moved to Ireland to start up another company, called Elan Pharmaceuticals. Both pharmaceutical companies introduced crucial technology, including the transdermal delivery patch. In 1988, Don and his son, Daniel, bought an Irish car company and a state-of-the-art chassis design and put together the Panoz Automotive Development Company. Today, Daniel and a team of engineers work tirelessly to develop racing machines based on the work of master engineer Frank Costin.