Braselton, GA USA – February 19, 2009
Panoz
Auto Development Company President and FounderDan Panoz and Bassam Abdallah,
President and Founder ofEquus Automotive, today announced a collaboration to
buildthe Dream on Wheels global car. The management anddesign staff of Equus
Automotive visited the Panoz facilitiesthis week and Mr. Abdallah and Mr. Panoz
formalized thiscollaboration with a formal signingythey also announced a joint
venture for the internationaldevelopment of the Panoz MKII technologies.
Equus
– Panoz is an international program to bring the feelinand the passion of an
iconic car to the world market.Designed in Italy by Tom Tjaarda, developed and
engineeredin the USA by Panoz Auto Development Company, the Equusis the
reincarnation of a legendary car that will commemoratethe recent Maharajah’s
Road Event that took place in India,the first model will be badged Equus MR (Maharajah
Road).
At the completion of the signing ceremony Mr. BassamAbdallah presented Dan Panoz a hand crafted, solid gold,handmade, one-of-a-kind, Equus MR model featuring genuinediamond headlights. Mr. Dan Panoz presented Mr. BassamAbdallah with his renowned one-of-a-kind custom 1965Mustang GT with Equus MR design features.
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