The 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. Although named after the Panoz Esperante roadster, the GTR-1 actually bore no mechanical relation to the production Esperante, instead sharing only minor styling points. Only two road-legal GTR-1s were built to meet homologation requirements set forth by the ruling bodies which the racing cars ran under.
The GTR-1 competed in the FIA GT Championship and 24 Hours of Le Mans in Europe as well as the IMSA GT, United States Road Racing Championship, and American Le Mans Series in North America.
From 1996, Reynard Motorsports' special vehicles division began working with Panoz to develop a grand tourer style racing car meant for the upcoming FIA GT Championship in 1997. Don Panoz, wanting to keep an American-style of design, insisted that the car be based on his Esperante sports car in some way. Due to this, the Esperante GTR-1 became unique in comparison to its Mercedes-Benz, Lotus, Porsche, and McLaren counterparts in that, like the production Esperante, the engine was located in front of the cockpit. Although locating the engine behind the front axle gave the car a balanced mid-engine layout, having the engine in front gave the car unusual proportions, including a large nose and a cockpit placed as far back in the body. The unusual look, including a large bulging intake in the center of the nose, earned the car the nickname "Batmobile" due to its resemblance to the car used by the comic book hero. Following the initial 1997 season, the bodywork was modified in 1998 by lengthening the front and rear bodywork for increased downforce and handling capabilities.