New Panoz G-Force breaks cover

The racer, which will also be run in 2003 by Mo Nunn Racing and AJ Foyt Racing was designed at the company's UK base and built in Georgia, USA.

Panoz G-Force president Tony Mastandrea said: "Our team has worked very hard in the windtunnel to ensure the speed our car showed in qualifying at Indy last year is repeated throughout the entire IRL schedule."

David Bowes, boss of parent company Elan Motor Sport Technologies, hopes that beating rivals Dallara and Falcon to delivering the new car to its customers will give them a small advantage in testing development.

"Both Chip Ganassi and Mo Nunn won races with our car in 2002 and we would love to see AJ Foyt join these teams in the winner's circle in 2003," he said.

"We are in negotiations with several new customers and hope to be able to announce some further additions to the Panoz G-Force roster in the near future."

Ganassi drivers Scott Dixon and Tomas Scheckter are due to give the car its track debut at the Texas Motor Speedway next week.