Panoz has also provided IndyCar with the G-Force GF05 and GF09; and the Champ Car World Series with their final race car, the Panoz DP01 which was the final chassis used under ChampCar until the unification of the American open wheel series in road racing.

The assets of the sale included the American Le Mans Series, Road Atlanta, Sebring International Raceway and Panoz Racing Schools.

Mosport International Raceway was sold separately to a Canadian consortium led by Ron Fellows and Carlo Fidani.

It held its inaugural event, the 1998 Petit Le Mans as part of the Professional Sportscar Racing series.

The ALMS has a partnership with the Automobile Club de l'Ouest, the organizers of the 24 Hours of Le Mans, to allow teams to compete to the same regulations.

Élan acquired other manufacturers, including famous Formula Ford builders Van Diemen and Indy Racing League constructor G-Force Technologies.