In 2012, Panoz decided it was time to part with the ALMS and the numerous tracks he’d amassed. From the deal to sell those properties to NASCAR, Panoz seemed to find greater joy in focusing on his favorite side of the sport: conjuring and pursuing new ideas.
With the DeltaWing Racing program in full swing, Panoz was drawn back to the early exploits of “Sparky,” the hybrid Esperante GTR-1, and recently formed a new business, Green4U Technologies, with a goal of building and racing an all-electric prototype at the 24 Hours of Le Mans. Although it did not reach fruition, the project demonstrated that Panoz’s desire to be different and break new ground remained undimmed even into his 80s.

Panoz Avezzano GT4 at Watkins Glen in 2018. (Image by Richard S. James)
Following the closure of the DeltaWing project, Panoz returned to his roots with an earth-rattling front-engine GT car, the Avezzano GT4, which terrorized the Pirelli World Challenge series upon its debut in 2017. The PWC’s 2018 GTS Sprint and Sprint-X manufacturers’ championships with the Avezzano GT4 bestowed more meaningful titles on his brand and team.
Few have done more to help motor racing than Dr. Panoz whose legacy, seen in the rising tides within IMSA, his commitment to forging new conventions with web-based radio and video streaming, and with unforgettable cars that captured some of the greatest prizes in the world, will be felt for decades to come.