Panazol (French pronunciation: [panazɔl]; Occitan: Panasòu) is a commune in the Haute-Vienne department in the Nouvelle-Aquitaine region in west-central France.

Panazol is the third largest town in the department (by population), after Limoges and Saint-Junien.

Theo Sarapo, the singer, actor, and second husband of Édith Piaf died at Limoges on August 28, 1970 on RD 941 at the Panazol exit, direction Saint-Léonard-de-Noblat (Haute-Vienne).

His car, a blue Citroen ID19, left the road at high speed and struck a tree the approximate height of Chateau de la Rue.

He was removed from the wreckage and rushed to the Limoges hospital, where he died as a result of his injuries at the age of 34.