1997 ' Panoz in the
FIA GT Championship A total of six Esperante GTR-1s were built by Panoz, Ford and Reynard, with them being split amongst three teams. Panoz would retain two cars for their own factory effort in the United States. French squad
DAMS would use two in Europe along with British team
David Price Racing who received the final two cars. The cars debuted at the 1997
12 Hours of Sebring, but failed to finish after 108 laps. Meanwhile, David Price's first Esperante GTR-1 would debut at
Hockenheimring for the
FIA GT Championship, and managed to finish 11th overall behind the
McLaren and
Porsche competitors. DAMS' car debuted a round later at
Silverstone Circuit, although it failed to finish. As the three teams continued, Panoz's factory team took the first success at
Road Atlanta, winning a GT-class only event. This was followed by the 6 Hours of
Watkins Glen, winning the GTS-1 class and finishing 3rd overall, a mere two laps behind the winning prototype. The factory team would follow this with wins in the GT class at
Sonoma Raceway and
Laguna Seca. Panoz would finish second to
Porsche in the constructors championship that season. In Europe however, the Esperante GTR-1 suffered from a lack of pace against much better funded factory efforts which were mostly lacking in North America. DAMS was unable to score any points in the championship, while David Price finished third in American soil at
Sebring in one of the final rounds of the FIA GT season, earning the team 6th place in the team's championship. For the
24 Hours of Le Mans, three GTR-1s were entered by David Price and DAMS. None of the cars was able to finish, mostly due to engine difficulties. DAMS car burned, destroying chassis #005 and requiring it to be replaced.
1998 For 1998, with the evolved Esperante GTR-1 bodywork, the program was expanded. The factory Panoz team would race not only in
IMSA GT but also in the new
United States Road Racing Championship. DAMS would continue in FIA GT, while David Price would drop out in an attempt to develop the Esperante GTR-1 Q9 for the
24 Hours of Le Mans. In USSRC, the factory Panoz team fought hard with
Porsche in the GT class, winning the class in three of the five events in the season but losing to Porsche in the manufacturers championship by a mere three points, although it won the teams championship. In IMSA, Panoz was more dominant as they won seven of the eight races, including taking an overall win at the rain drenched
Sebring Fall Festival in October. This earned them the constructors and teams championship for the season. In Europe,
DAMS also proved more powerful. Although incapable of competing with the
Mercedes-Benz CLK LM juggernaut, it was able to compete well against the
Porsche 911 GT1, earning points in seven of ten rounds with best results of third at
Hockenheimring and
Dijon-Prenois. This success earned DAMS 5th in the teams championship. David Price Racing tested the GTR-1 Q9 throughout the season, making its first competition appearance at the test days for the
24 Hours of Le Mans. The car was only able to achieve the 39th fastest time, well behind the two Panoz factory entries. It was found that the car was too overweight and slowed down by the addition of the batteries necessary to run the hybrid system. Thus plans for competing at Le Mans were abandoned. The car would make one more appearance later on in the initial
Petit Le Mans, part of the IMSA schedule. The car managed to finish 12th overall. After this, the Q9 project was cancelled. Meanwhile, with the Q9 gone, the Panoz factory team concentrated on Le Mans with their own two cars. Although one car failed to finish, the second entry managed to take a 7th place overall finish a mere 16 laps behind the overall winning
Porsche.
1999 Although the Esperante GTR-1 had major success in 1998, Panoz was aware that grand touring racing cars were becoming highly exotic machines with no road car similarities, such as the
Toyota GT-One. Therefore, Panoz realized he would no longer be able to compete against such cars with the Esperante GTR-1, and it was decided that Panoz would move to the
Le Mans prototype class. This was also helped by the fact that the
FIA GT Championship decided to abandon the GT1 class, leaving the Esperante GTR-1 unable to compete in Europe. Therefore, while development of the new
LMP-1 Roadster-S was underway, Panoz pushed on with the GTR-1 in the new
American Le Mans Series. Two GTR-1s would run at Sebring, both failing to finish. At the next race at
Road Atlanta, the new LMP-1 debuted and a GTR-1 was also run to give the team something to fall back on. It failed to finish as well. For the next round, a second LMP-1 was completed, and so the GTR-1 was retired completely. The design of the Esperante GTR-1 would form the basis for the LMP-1 Roadster-S, using the same front engine layout and large nose. It is thus seen that the LMP-1 Roadster-S is an Esperante GTR-1 with its roof taken off, the cars actually do share the same chassis according to a short documentary snippet on YouTube presented by Don Panoz (2021).
Final outing In 2003, Panoz decided to resurrect chassis #003 (formerly run by
David Price Racing) to run as a closed-cockpit
Le Mans prototype before the company switched to the new
Esperante GT-LM GT2 car. The car was entered in the
1000km of Le Mans and run by the factory JML Team. The car did not finish due to electronics problems. Following this event, the car was purchased by French squad
Larbre Compétition and further modified, being renamed the Panoz GTP to reflect its change in class. The modified car would debut at the
2004 12 Hours of Sebring, finishing 9th overall. The car would next appear at the
24 Hours of Le Mans, where it dropped out of the race early on. A final appearance was made in the
Le Mans Series event at
Spa-Francorchamps, taking 14th place. The car would finally be retired for good after the 2004 season. ==References==