FIRST 25TH ANNIVERSARY PANOZ ESPERANTE SPYDER DEBUTS AT STANDING-ROOM ONLY CELEBRATION

Company press release.

Panoz LLC also officially dedicates its new 10,000-sq.-ft. exhibition featuring interactive displays showcasing the storied Panoz sports car and racing history

Hoschton, Ga., April 04, 2014–Hundreds of Panoz fans, followers and owners were on hand as Panoz LLC executives unveiled the very first25th Anniversary Edition Esperante Spyder. The first example of the exclusive two-seat sports car featured a radiant red exterior, carbon fiber accents, a supple yet sporting tan leather interior with the latest technologies, a powerful V8 engine, and it was signed by the Panoz craftsmen who hand built this all-new Panoz creation.

Panoz LLC president and COO Bill Orr kicked off the presentation and introduced both Don Panoz and his son Dan, who both share entertaining anecdotes from the Panoz sports car and endurance racing history with the large crowd that included dignitaries such as Georgia Lt. Gov. Casey Cagle, Georgia State Sen. Butch Miller, as well as several local city and county officials.

According to John Leverett, vice president of sales and marketing, the 25th Anniversary Edition Esperante Spyder is a special exclusive model that celebrates the company's racing heritage as well as Panoz sports cars of the past 25 years. It is the direct result of close technological collaboration among the various Panoz affiliates, including Élan Motorsports Technologies, Élan Composites, Panoz Engineering Services, and Panoz LLC.

From the beginning, the designers and engineers envisioned a limited-edition Esperante that delivers pure sports car performance and reflects the Panoz Le Mans endurance racing and performance ethos. At the same time, the sports car offers many of the highly desirable features customers expect in a 21st Century performance machine such as a state-of-the-art programmable gauge cluster.

Panoz LLC expects to produce about 25 examples of the 25th Anniversary Edition Esperante Spyder and Spyder GT to commemorate the anniversary milestone. Production will be intentionally limited to a handful of custom builds for select customers, keeping with the Panoz LLC's goal of creating America's most exclusive custom sports car.

25th Anniversary Edition Esperante Spyder Details

The 25th Anniversary Edition Esperante Spyder is a lighter, more powerful version of the original hand-built Panoz convertible. It features lightweight carbon fiber and aluminum structures, a unique modular extruded aluminum chassis that is more rigid and durable than many performance coupes, completely revised and fully independent front and rear suspension, and an upgraded and robust sports car anti-lock brake system (ABS) to ensure braking performance is on par with the car's outstanding driving capabilities.

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Esperante Spyder customers can choose between two sports car bodies: the 'super formed' lightweight aluminum body made in Riverside, Calif. through a process developed for aerospace applications on the standard Spyder, or the carbon fiber body panels produced in the Élan Composites race shop for the Spyder GT. Panoz was the first U.S. auto manufacturer to use super formed aluminum panels for its bodies, a process now used by some of the world's most elite vehicle manufacturers.

Customers can also choose among several high-performance powertrain packages ranging from 430 to 800 horsepower. Other features include electronic traction control, high-tech gauges to monitor the car's vital systems, lightweight and fully adjustable carbon fiber sport seats, high-quality leather and wood-trim throughout the comfortable cockpit, and modern options such as media player connectivity and a race-inspired carbon fiber steering wheel.

Finally, the 25th Anniversary Edition Esperante Spyder rides on 8.5 x 19-inch front and 9.5 x 19-inch rear BBS wheels with 245/40 ZR19 and 285/35 ZR 19 Michelin Pilot Super Sport ultra-high-performance front and rear sport tires.

With a price of $181,320 the 25th Anniversary Edition Esperante Spyder continues to herald the Panoz LLC goal of offering its customers true exclusivity, uncompromising performance and outstanding value.

Next Panoz Era Builds Upon Company's Rich History

Panoz was the first U.S. auto manufacturer to design and build an Aluminum Intensive Vehicle. The modular chassis Panoz developed for the 2001 Panoz Esperante was and continues to be at the leading edge of automotive engineering. The Panoz design and production processes used for the Esperante chassis and other Panoz vehicle projects have always focused on delivering high levels of development and production efficiencies. Today many of these processes have been adopted by major vehicle manufacturers.

The Esperante has been recognized as an industry and class leading sports car, along with other Panoz sports cars such as the Roadster, the GTR1, and the Abruzzi Spirit of Le Mans. The25th Anniversary Edition Esperante Spyder ushers in the next generation of Panoz creations, including the all-new Panoz Roadster and the Panoz GTR1.

To celebrate the Panoz automotive and racing history and prepare for future growth, the company's Hoschton, Ga. headquarters and expansive vehicle workshops have been updated for the anticipated added production. In addition, the headquarters now features a new and spacious 10,000-square-foot exhibition showcasing significant examples of the Panoz sports car and racing history. Displays include:

◾The 1997 Le Mans GTR 1

◾The 1998 Q9 hybrid Le Mans prototype

◾The 2000 LMP winning car

◾The 2006 GT 2 Le Mans winner (sister car)

◾The GT2 fastback Le Mans Esperante

◾The Abruzzi Spirit of Le Mans Petit Le Mans car

◾The 2000 Indy 500 winner, Target Chip Ganassi car

Panoz LLC is located at 1089 Hwy 124, Hoschton, GA 30548. Visit www.panoz.com for the most up-to-date information.