A racing version of the Esperante known as the Esperante GT-LM was developed by Panoz for the GT2 category of the 24 Hours of Le Mans. 2006 was a year of noticeable achievement for Panoz.
The #50 Multimatic Motorsports Team Panoz Esperante GT-LM took a first place podium finish at the 55th Annual Mobil 1 Twelve Hours of Sebring beating GT2 regulars BMW, Porsche, Ferrari, and Spyker.
That June the #81 Panoz Esperante GT-LM campaigned by England-based Team LNT managed to outlast and overtake the remaining LMGT2 contenders in the final hour of the 2006 24 Hours of Le Mans.
In Europe, Team LNT will be campaigning two Esperantes also. They will be competing in the British GT Championship and Le Mans Endurance Series. Team LNT will be returning to the 24 Hours of Le Mans in 2007 with both the #81 and #82 cars.
During the 2007 American Le Mans season the Panoz Esperante GTLM will be managed, stateside, by Tom Milner and Team PTG. They will be campaigning two GT-LMs (#20 and #21). Team PTG scored 1 GT2 class podium in the hands of Bill Auberlen and Joey Hand in 2007 Sports Car Challenge of St. Petersburg. In the same year, Panoz Esperante GTLM also fielded Robertson Racing Team as 2007 ALMS season part-time entries in the hands of Andrea Robertson, David Robertson and Arie Luyendyk Jr.
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