Galaxy Magnesium and Panos Racing have cooperated to create safe, high-performance lightweight car technology for racing cars. For the past three years, Panoz has been a regular competitor in SRO Motorsports Group competitions and has won multiple championship titles for team manufacturers and drivers.
The racing track is a large platform to showcase the lightweight effect of automobiles. Galaxy Magnesium will showcase the latest generation of magnesium alloys in the competition, which are specially formulated materials for the transportation industry. Panoz merged this material into two Avezzano vehicles, and his team will use Aston-Martin, Audi, BMW, Ford, Genie on American road tracks. Tower (Ginetta), McLaren (McLaren), Mercedes-AMG, Porsche and other cars.
Michael North, President of Galaxy Magnesium, said: "The Galaxy Magnesium is triggering a revolution in the field of industrial metals. The outstanding performance of the Panoz champion car proves this point."
Recently, Galaxy Magnesium received a round of private investment from Wisdom Capital, a private equity firm headquartered in New York. This investment will create a broad global market for magnesium, and automakers can confidently design magnesium alloy cars.
Panoz Racing
Panoz Engineering and Panoz Racing are headquartered in Hoschton, Georgia. It is a small car manufacturer and a leader in motorsports. Panoz is an engineer, manufacturer and award winner for Le Mans prototypes, IndyCars, GT2, GT4, Trans Am, and various types of racing cars and Deltawing technology. As a manufacturer, the Panoz sports car has set off a wave of innovation in automotive lightweighting and focuses on the production of modular aluminum-intensive cars.
Motorsports believes that Panoz will apply its experience in the aluminum field to magnesium alloys, and its cooperation with SRO will change the status quo. Panoz and Galaxy will implement the racing plan with a transparent agreement: openly sharing magnesium alloy materials and manufacturing technology as a platform for lightweight cars.
Dan Panoz, the company`s founder, designer and engineer, said before the game: “I’m very happy to be back with our outstanding team to SRO America-to fight side by side with strong competitors from all over the world. We are excited about this year’s new initiatives. , Because we publicly shared the latest automotive lightweight technology, vehicles made with the latest generation of magnesium alloys will be used for competitions."
About Galaxy Magnesium (www.galaxymagnesium.com)
Galaxy is the direct source of global magnesium metal. It has revolutionized the entire industry with lightweight, strong, versatile, durable and green magnesium, which is superior to steel or aluminum alloy in many aspects.
Galaxy, an international company headquartered in the United States, is streamlining the global supply chain, providing customized alloys that can provide excellent performance, and directly provide the "Galaxy Guarantee" (all-inclusive price) from the most productive mines in the world.
From automobiles, aerospace, energy, construction to pharmaceuticals, Yinhe Magnesium is paving the way for a lightweight future by providing high-quality commercial magnesium with reasonable cost, stability and quality assurance.
Galaxy has offices in New York, Atlanta, Geneva, Honolulu and Xi'an, Beijing and Shanghai, and can respond quickly to the global market.