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Encyclopedia > Don Panoz

Dr. Donald Panoz (pronounced PAY-nose) (born February 13, 1935, in Alliance, Ohio) is an American entrepreneur who made his name in pharmaceuticals and has since become a successful owner of various motorsport ventures. is the 44th day of the year in the Gregorian calendar. ... 1935 (MCMXXXV) was a common year starting on Tuesday (link will display full calendar). ... Alliance is a city in Mahoning and Stark counties in the U.S. state of Ohio. ... For the sequel to the computer game Entrepreneur, which has no article of its own, see The Corporate Machine. ... Pharmacology (in Greek: pharmacon is drug, and logos is science) is the study of how chemical substances interfere with living systems. ... Auto racing (also known as automobile racing or autosport) is a sport involving racing automobiles. ...

Contents

Early life

Panoz is an Italian-American. His father, Eugene Panunzio, immigrated to the United States from Italy in the 1900s. Eugene, who shortened his surname from the traditional Panunzio to Panoz, was a champion featherweight boxer. Languages American English, Italian, Sicilian, Neapolitan, other (predominantly southern) Italian dialects and languages of italian historical minorities Religions Roman Catholic An Italian American is an American of Italian descent. ... // Public flight demonstration of an airplane by Alberto Santos-Dumont in Paris, November 12, 1906. ... Featherweight is a weight class division in the sport of boxing and wrestling (Greco-Roman). ... For other senses of these words, see boxing (disambiguation) or boxer (disambiguation). ...


Panoz attended Greenbrier Military School in Lewisburg, West Virginia, where he met Nancy, whom he would later marry. The two both served in Japan with the United States Army, then moved to Pittsburgh upon their return to the United States. The Greenbrier Military School was a boys-only, private, military, boarding high school located in Lewisburg, West Virginia. ... Lewisburg is a city located in Greenbrier County, West Virginia. ... The United States Army is the largest and oldest branch of the armed forces of the United States. ... “Pittsburgh” redirects here. ...


Business career

Panoz operated two drug stores in Pittsburgh while studying business at Duquesne University. In 1960, Panoz and Milan Puskar formed Milan Pharmaceuticals (which would later be renamed Mylan) in White Sulphur Springs, West Virginia. While head of this company, Panoz headed a research group that invented time-release medication through a transdermal patch, known most commonly in today's market for its nicotine application. Pharmacy (from the Greek φάρμακον = drug) is the profession of compounding and dispensing medication. ... Duquesne University of the Holy Spirit is a private Catholic university in Pittsburgh, Pennsylvania, U.S.A. Founded by members of the Congregation of the Holy Spirit, Duqbuesne (IPA: ) first opened its doors as the Pittsburgh Catholic College of the Holy Ghost in October 1878 with an enrollment of 40... Year 1960 (MCMLX) was a leap year starting on Friday (link will display full calendar) of the Gregorian calendar. ... Mylan Laboratories Inc. ... White Sulphur Springs is a city located in Greenbrier County, West Virginia, United States. ... A 21mg dose Nicoderm CQ patch applied to the right arm A transdermal patch or skin patch is a medicated adhesive patch that is placed on the skin to deliver a time released dose of medication through the skin and into the bloodstream. ... Nicotine is an alkaloid found in the nightshade family of plants (Solanaceae), predominantly in tobacco, and in lower quantities in tomato, potato, eggplant (aubergine), and green pepper. ...


Panoz left Mylan in 1969 when the company refused to develop the patch, and subsequently moved the family to Ireland where he formed Élan Corporation. This company has since become an industry leader in drug delivery products and technology, continues to hold the world-wide patent for the nicotine patch, and was the first Irish company to be publicly listed in the U.S. stock market. Ironically, Don's son Danny is addicted to nicotine and a heavy cigarette smoker. Also: 1969 (Stargate SG-1) episode. ... Élan Corporation plc (NYSE: ELN), (LSE: ELA) is a major drugs firm based in Athlone, County Westmeath, Ireland. ... A nicotine patch is a transdermal patch that releases nicotine into the body through the skin. ... A stock market is a market for the trading of company stock, and derivatives of same; both of these are securities listed on a stock exchange as well as those only traded privately. ...


Don & Nancy Panoz founded Château Élan Winery & Resort in Braselton, Georgia, in 1992. The couple still own this resort, which has since grown to 3,500 acres. Braselton is a town in Jackson, Gwinnett, Barrow, and Hall Counties in the State of Georgia, about 40 miles northeast of Atlanta. ... Year 1992 (MCMXCII) was a leap year starting on Wednesday (link will display full 1992 Gregorian calendar). ...


Panoz in motorsports

See Panoz Motor Sport Group Panoz G-Force The Panoz Motor Sports Group is an entity made up of the many motorsports holdings of Don Panoz. ...


In 1989, Panoz funded an upstart company started by his son Dan, called Panoz Auto Development. Reportedly, the senior Panoz was skeptical at first of his son's venture, but later used his position in the business world to bring celebrity motorsport figures such as Mario Andretti on board with the goal of entering a Panoz race car in the 24 Hours of Le Mans race. Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ... Mario Gabriele Andretti (born February 28, 1940 in Montona dIstria, Italy, now Motovun, Croatia) is an Italian American racing driver, and one of the most successful Americans in the history of auto racing. ... The 24 Hours of Le Mans (24 Heures du Mans) is the worlds most famous sports car endurance race, held annually at Circuit de la Sarthe near Le Mans, France, in the French Sarthe département. ...


Panoz Motorsports was formed in 1997 in Braselton and entered its brand new car, the Panoz Esperante GTR-1, at Le Mans. The team was competitive, finishing ahead of all but two of the major factory teams in its class. Panoz G-Force The Panoz Motor Sports Group is an entity made up of the many motorsports holdings of Don Panoz. ... For the band, see 1997 (band). ... In Panoz Esperante GTR-1 (also known as Panoz GTR-1 and later the Panoz GTP) was a race car developed by Panoz Auto Development and Reynard Motorsport for grand tourer endurance racing in 1997. ...


In 1999, Panoz founded the American Le Mans Series with the aim of bringing European-style endurance sports car racing to the Americas. This article is about the year. ... The American Le Mans Series (ALMS) is a series of automobile races. ...


Holdings

Today, the holdings of Don Panoz and his family include the following:

Van Diemen International, Ltd. ... Mosport International Raceway, or Mosport Park, is a multi-track facility located north of Bowmanville, Ontario. ... Road Atlanta Raceway Road Atlanta is a 2. ... Sebring Raceway is a road course auto racing facility located in Sebring, Florida. ...

Quotes

Regarding son Dan's business venture, Panoz Auto Development:

  • "My first words were 'Don't you remember Tucker and DeLorean?' But Danny had a dream, and I believe you should chase your dream." [1]
  • "Like any father, I'm free with advice, and I told Danny he needed some racing heritage to establish the Panoz name. He told me, 'You do the racing, and I'll keep building the cars.'" [2]

  Results from FactBites:
 
Don Panoz - Wikipedia, the free encyclopedia (501 words)
Panoz left Mylan in 1969 when the company refused to develop the patch, and subsequently moved the family to Ireland where he formed Élan Corporation.
Don and Nancy Panoz founded Château Élan Winery and Resort in Braselton, Georgia, in 1992.
Reportedly, the senior Panoz was skeptical at first of his son's venture, but later used his position in the business world to bring celebrity motorsport figures such as Mario Andretti on board with the goal of entering a Panoz race car in the 24 Hours of Le Mans race.
  More results at FactBites »

 

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