The car appears to be the #4, driven by Andy Wallace and David Brabham, who participated at the 1998 12 Hours of Sebring. The car finished the race in 2nd place overall, achieving the class win in the GT1 class.
"The GT race machine of Panoz, packing the newest equipment in a classic body."
In 1989, a new automaker was established under the parent company Irish Chassis Design Co., which at one time had been represented by Frank Costin. The name of the new automobile manufacturer was Panoz.
Panoz's general concept was to take the Spartan and other wild sports cars from before the 60s and polish them up to the acceptable standard of today by using the latest technology. Panoz first tried its hand in competition in GT car races starting in 1997, and for that reason, this car is a classic.
With its short-nosed long-decked classical form, the Panoz GTR-1 separated itself from other competitors of the time - such as the Viper - with the design that made it a pure race car, as opposed to a street model.
The vehicle's chassis was a full-carbon monocoque which was designed by Reynard. Although it was an FR, with its near-formula layout, which included a pushrod double wishbone front and back suspension, it was a new generation FR race car.
The car's engine, designed by Jack Roush racing, which is actually second only to Ford Works in NASCAR and SCCA Trans-Am, is a 6L V8 OHV which is capable of putting out roughly 592 HP.
This engine is based on the Ford small-block, but it is an all-aluminum, fuel injected dry sump special, differentiating it even from those in NASCAR use. The transmission is a rear-mounted transaxle. Later, Panoz GTR-1s from 1999 received the moniker Panoz Esperante GTR, which chassis development conducted entirely in-house.
This car is available to buy, costing 2,000,000 Credits (making it the most expensive car available in the game) or can be obtained by completing the Dream Car Championship (Professional League) or Seattle Circuit 100 Miles (Endurance Races) or by completing all Time Trials in Arcade Mode.
This car can be purchased for 4,500,000 credits at the Panoz Dealership.
This race car can be purchased from the Panoz dealership for 3,500,000 Credits.
As a Standard car, the Panoz Esperante GTR-1 Race Car '98 can be purchased from the Used Car Dealership for 2,950,510 Credits. It is a Level 23 car.
The Panoz Esperante GTR-1 Race Car '98 can be purchased for 1,700,000 Credits. It is a Simple car.