Wednesday, February 26, 2020
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Management

Management
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Don Panoz – Managing Partner

From pharmaceuticals to resorts, from race cars to wine, the accomplishments of Donald E. Panoz are the epitome of the entrepreneurial dream.

Born in Ohio as the son of a winning prizefighter, Panoz was raised in a small town in West Virginia and studied pharmacy at the University of Pittsburgh. In 1960 Panoz founded Mylan Laboratories in Morgantown, WV with army buddy Mike Puskar. Mylan would become one of the world’s leading producers of generic prescription drugs.

In 1960 at age 34, Panoz sold Mylan and moved his family to Ireland, the land of his mother’s ancestry and founded Élan Pharmaceuticals. The company’s most famous advancement was the creation of the transdermal method of medication delivery – the technology that led to the nicotine patch. After going public in 1985, Élan set Wall Street records with four consecutive years of 100 percent profit growth. Known for its cutting edge research and innovative approach to development, Élan owns hundreds of registered patents.

Don Panoz -  Managing PartnerDon Panoz –  Managing Partner

In 1980 Panoz and his wife returned to the United States and turned their attention to building world class resorts, opening Château Élan Winery and Resort just north of Atlanta. Since it’s opening, Château Élan has garnered many awards and worldwide recognition as a five-star resort, with an award winning winery, championship golf courses and internationally acclaimed spa. With the success of Château Élan, the Panoz’ went on to build St. Andrews Bay Golf Resort and Spa in the birthplace of golf, St. Andrews Bay, Scotland, as well as their newest community, Château Élan at The Vintage in Hunter Valley, Australia.

When son Danny launched Panoz Auto Development in 1989 with an eye toward creating high performance hand-built sportscars, father and son agreed that world class professional sportscar racing would be the way to infuse heritage and bring worldwide recognition to the Panoz automotive brand. The first Panoz race team venture started with the Panoz GTR-1 in 1997. Success was immediate with the unique front-engine racer – similar to the Esperante road car – earned race wins and championships against the most famous sportscar brands in the world. With the Panoz brand achieving success on the race track, Panoz became more interested in the future of professional sportscar racing. With support and encouragement from major sportscar manufacturers such as Porsche and BMW, Panoz launched his vision with the founding of the American Le Mans Series in 1999.

Panoz also made his mark as the owner of Panoz Motor Sports Group (PMSG). PMSG became one of the most diversified and successful motorsports companies in the world. With race tracks such as Sebring International Raceway, Road Atlanta and Mosport, the American Le Mans Series and Panoz Racing Schools, PMSG had prominent holdings in virtually every division of the motorsports industry. In 2012, Panoz sold PMSG to NASCAR, thus merging ALMS with the rival Grand-Am series to unite sports car racing in the United States.

Panoz retained Élan Motorsports Technologies, which designs and builds carbon fiber race car chassis and produces other high tech equipment for the aerospace and communications industries and is the only American constructor of racecars for the Indy Racing League (IRL) and the Champ Car World Series. Élan Motorsports Technologies is responsible for construction and maintenance of the car, while Élan Power Products oversee its Élan powerplant.

Panoz and his wife, Nancy have their primary residence in Braselton, Georgia and at age 78, he continues to take delight in tackling projects unimagined or too daunting for others.

Tim Keene – Team Manager

Sports car veteran Tim Keene joins DeltaWing Racing Cars as team manager effective in early June. Keene brings a wealth of racing experience to the team, including seven Daytona Prototype team championships and three consecutive Rolex 24 at Daytona victories.

Tim Keene - Team ManagerTim Keene – Team Manager

An Indianapolis resident, Keene has an impressive 20-year career in motorsports with Chip Ganassi Racing. Starting as a truck driver and refueler in 1994, Keene went on to become lead mechanic for CGR’s championship-winning drivers Alex Zanardi, Jimmy Vasser and Juan Montoya. Taking over the team’s sports car racing effort in 2004, Keene led the team to 40 victories, seven championships and five Rolex 24 Hours of Daytona wins over the span of 10 years.

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