GT
Panoz Reorganization
PANOZ MOTOR SPORTS REORGANIZES MANAGEMENT STAFF BRASLETON, Ga., November 16, 1998 -- Panoz Motor Sports today announced a re-organization of the management structure of its race track facilities. Tres Stephenson, who has been Executive Director ...
Edited: May 8, 2001, 12:19 PM
Copy link
Share on Viber
PANOZ MOTOR SPORTS REORGANIZES MANAGEMENT STAFF
BRASLETON, Ga., November 16, 1998 -- Panoz Motor Sports today announced a re-organization of the management structure of its race track facilities.
Tres Stephenson, who has been Executive Director of Sebring International Raceway, will become Executive Director of Road Atlanta Limited, with immediate effect. Mike Swaine, who has been Director of Operations of Sebring, will assume the position of Executive Director of Sebring International Raceway, Inc., also with immediate effect.
In commenting on the appointments, Dr. Donald E. Panoz, Chairman and Chief Executive Officer of the Panoz Motor Sports Group, said: "Tres Stephenson and Mike Swaine both have extensive experience in running a racing facility, gained through the years they have been at Sebring.
I am confident that Tres and Mike will succeed in their new roles and I would like to wish them success in their endeavors."
Jim Selwa, who has been Chief Operating Officer of Panoz Motor Sports since May of 1997, will leave Panoz to pursue other interests in the automotive industry. He will, however, retain his association with Panoz through a consultancy arrangement.
In commenting on this development, Dr. Panoz said: "While I regret Jim Selwa's decision to leave Panoz, I understand his desire to pursue other interests. I would like to acknowledge Jim's great contribution to the development of our racing business. Jim spearheaded the major refurbishment of the Road Atlanta track facility. It is now the premier road racing track in America and compares favorably with similar tracks elsewhere in the world. He also led the integration of the Sebring and Mosport businesses following their acquisitions in 1997 and 1998 respectively.
"I would like to thank Jim for his efforts in helping us to achieve racing success in our GT-1 racing programs, both in the U.S. and in Europe. In particular I would like to note that he played an integral part in our success in the 24 Hours of LeMans in 1997 and 1998."
We want your opinion!
What would you like to see on Motorsport.com?
Take our 5 minute survey.
- The Motorsport.com Team
Read and post comments
Read also :
Share Or Save This Story
Copy link
Share on Viber
Previous article Don Panoz Completes Mosport Purchase
Next article Rolex 24 Entries Accepted, New Rules
Top Comments
There are no comments at the moment. Would you like to write one?
View More & Comment
Latest news
Max Verstappen slams “unacceptable” bumps at Austin F1 track: “It's out of control”
Formula 1
F1 Formula 1
United States GP
6 h
Max Verstappen slams “unacceptable” bumps at Austin F1 track: “It's out of control”
Kimi Antonelli ready to "finish the job" as first F1 title chance beckons at US GP
Formula 1
F1 Formula 1
United States GP
6 h
Kimi Antonelli ready to "finish the job" as first F1 title chance beckons at US GP
How to watch NASCAR at Talladega II: Weekend schedule, start time, entry list, TV
NASCAR Cup
NAS NASCAR Cup
Talladega II
7 h
How to watch NASCAR at Talladega II: Weekend schedule, start time, entry list, TV
Peterson Racing addresses online abuse after parting ways with Austin Green
NASCAR O'Reilly
NOAP NASCAR O'Reilly
Talladega II
7 h
Peterson Racing addresses online abuse after parting ways with Austin Green
Feature
Discover prime content
Did Audi ‘give up’ on GT3 too soon?
GT
By James Newbold
Did Audi ‘give up’ on GT3 too soon?
Subscribe and access Motorsport.com with your ad-blocker.
From Formula 1 to MotoGP we report straight from the paddock because we love our sport, just like you. In order to keep delivering our expert journalism, our website uses advertising. Still, we want to give you the opportunity to enjoy an ad-free and tracker-free website and to continue using your adblocker.
You have 2 options:
- Become a subscriber.
- Disable your adblocker.
Subscribe now Already subscribed? Sign in here
Already disabled your adblocker?
Reload page
Manage Alerts
Subscribe