The car was originally designed by Ben Bowlby. Bowlby previously designed cars for Lola and Champ Cars for CART. He was backed by Chip Ganassi. After failing with IndyCar, the DeltaWing was reworked for LeMans. Thanks to Panoz, Nissan, All American Racers and Michelin, the car made its debut at the 2012 24 Hours of Le Mans, but was literally knocked out by a wayward Nissan. It came back later that year for the American LeMans Series finale at Road Atlanta.
After that season, Panoz and Ganassi split from the rest of the group and continued development of the DeltaWing on its own. This split eventually led to a lawsuit against Bowlby and Nissan that ended with an undisclosed settlement. Nonetheless, the DeltaWing evolved into a closed cockpit car that has competed sporadically over the past few years. The car that's going up for sale is DeltaWing Coupe Chassis #001. It's one of two remaining coupes, as chassis #003 is part of the Panoz Museum Collection and chassis #002 was destroyed at the 2016 Daytona Rolex 24.