Lot 2162

1994 Panoz Roadster

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$44,000 USD | Sold

United States | Fort Lauderdale, Florida

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Chassis No.
1P9PR2828RB213002
Documents
US Title
  • One of 44 Panoz Roadster built from 1992-1995
  • The second of six examples produced for the 1994 model year
  • A thrilling, hand-crafted sports car in the classic tradition
  • 225 hp 5.0-liter Ford V-8; five-speed manual transmission
  • Green over a tan interior; said to be the sole 1994 example built in this appealing combination
  • Only 6,128 miles at time of cataloguing

The Panoz Auto Development Company of Braselton, Georgia was founded in 1989. Don Panoz (who made his fortune developing the nicotine patch) provided the financial backing for his son Dan to build a no-frills, lightweight sports car. The younger Panoz purchased the rights to a chassis designed by Frank Costin previously used in the defunct Irish sportscar called the TMC Costin. Panoz then secured Freeman Thomas to fashion a Lotus Seven-inspired body for the car from aluminum panels.

Ford Mustang mechanicals make up the engine, transmission and rear end, including a 225-horsepower 5.0-liter V-8 shifted via a Borg-Warner T-5 five-speed manual transmission. An independent front suspension and solid rear axle complete the package. The car was launched to the public in 1992. Interestingly, the Costin chassis never underpinned the Panoz Roadster: Early cars used a TIG welded stainless steel tubular frame along with an extensive use of CNC machined and stamped parts. The first 10 cars were hand-assembled with a seven-man crew; additional production personnel were later added.

This pristine example’s odometer displays just 6,128 miles at time of cataloguing. According to previous research, the Panoz factory confirms this is the second of six cars built in 1994 of the total 44 produced between 1992 and 1995. Notably, it is the only one built in 1994 in green with a tan leather interior which includes a matching snap-on tonneau cover. In addition, it is equipped with power four-wheel disc brakes, Traction-Lok differential, six-digit analog speedometer, and 16-inch alloy wheels fitted with BF Goodrich radial tires.