American sports car firm Panoz released the first details and pictures of the 25th Anniversary edition Esperante Spyder at the company’s headquarters. This special model mixes the pure sports car performance with 21st century technology, says Panoz.

The new Panoz Esperante Spyder is a lighter, faster, and more hard-core version of the original Panoz Convertible. It features a unique modular extruded aluminum chassis and a body panels made from carbon fiber and aluminum. This lightweight yet rigid structure is supported with fully independent front and rear suspension, and 19-inch wheels.

Panoz Esperante Spyder comes with a V8 engine available in different stages of tune, offering from 430 to 800 horsepower. The car also features, for the first time in a Panoz, a whole host of electronic systems to harness the power. You get anti-lock brakes, traction control, and fully programmable gauge cluster.

Inside, you will find fully adjustable carbon fiber sport seats, high-quality leather and wood-trim, and modern options such as media player connectivity and a race-inspired carbon fiber steering wheel. All this good stuff won’t come cheap of course, as prices for the starts from Panoz Esperante Spyder $181,320.

With the launch of the new Esperante Panoz also announced a major upgrade of its facilities in anticipation for increased production. They have also established a new and spacious 10,000-square-foot exhibition showcasing significant examples of the Panoz sports car and racing history, including 1997 Le Mans GTR 1, 1998 Q9 hybrid Le Mans prototype, 2000 LMP winning car, 2006 GT 2 Le Mans winner (sister car), GT2 fastback Le Mans Esperante, Abruzzi Spirit of Le Mans Petit Le Mans car, and 2000 Indy 500 winner, Target Chip Ganassi car.