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Automotive Galaxy Magnesium and Panoz Racing Preview Magnesium-Intensive Technology

Editor: Nicole Kareta

Galaxy Magnesium has partnered with Panoz Racing to usher in a new era in lightweight, safe, high-performance vehicle technology. The partnership also includes the launch of the non-profit Flying Tigers Institute.

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The SRO event, "Pirelli GT4 America," took place on August 29 and 30, and featured two 90-minute races at the world-famous Road America Raceway in the heart of Wisconsin, about 20 miles north of Milwaukee.
The SRO event, "Pirelli GT4 America," took place on August 29 and 30, and featured two 90-minute races at the world-famous Road America Raceway in the heart of Wisconsin, about 20 miles north of Milwaukee.
(Source: Galaxy Magnesium)

This year, the focus shifts from pure competition as a manufacturer to using racing as a demonstration platform for vehicle lightweighting through the latest generation magnesium alloys formulated for the transportation industry. Panoz is integrating the compound into its two Avezzano vehicles as its team takes on Aston-Martin-AMR, Audi, BMW, Ford, Ginetta, KTM, McLaren, Mercedes-AMG, Porsche, SIN Cars and more on the Road America racetrack.

"It's great to be back at SRO America with our amazing team – going head-to-head with our strong competitors from around the world on the Milwaukee track. We are especially excited about doing something new this year, openly sharing our newest approach to vehicle lightweighting. We will demonstrate this in the real-world lab of competition, by using latest generation magnesium alloys that will ultimately benefit tomorrow's road vehicles", says Dan Panoz, founder, designer, engineer and car-builder at Panoz Racing.

"Galaxy Magnesium is sparking a revolution in the world of industrial metal – through proof-of concept via superior performance delivered by Panoz's championship race cars. Our partnership with Panoz also includes the launch of the non-profit Flying Tigers Institute: a hub of magnesium-intensive technology for the transportation industry and beyond. The institute pays tribute to the heroes of World War II who flew dangerous combat missions, cooperating with other nations to secure freedom for America and the world. The Flying Tigers are reflective of our investment in the future of America's automotive industry – anchored by the technology and manufacturing excellence of American workers", says Michael North, president at Galaxy Magnesium.

Expanding Industry Support

Galaxy Magnesium recently secured a round of private investment from Wisdom Capital, a New York based private equity firm, to position itself as the world's largest mine-to-customer source. Wisdom boasts a 32-year history in the retail automotive business and operates some of the most successful dealerships in the New York area.

"We are investing in Galaxy Magnesium, with a base in our hometown of New York City – as well as in Detroit and in the American auto industry. We are creating efficient global markets for magnesium so that automakers can confidently design their future cars around it. We are proud to play a part in the most trusted, direct source of commercialized magnesium in the world, in addition to the first-ever magnesium marketplace/exchange. We look forward to seeing it all in action with Panoz race cars in Wisconsin", says Michael Shahkoohi from Wisdom Capital.

Galaxy Retains DRIVEN360 As Global Agency of Record

Galaxy Magnesium is pleased to announce that DRIVEN360 has been selected as Agency of Record – responsible for the management of strategic, brand and corporate communications for all Galaxy enterprises, worldwide.

  • With strong presence across the United States – from Los Angeles, Nashville to New York – the dynamic integrated marketing communications/brand marketing house will also play a part in partner development as Galaxy begins to transform various industries, beginning with the automotive world.
  • Founded by broadcast news personality, transportation/automotive expert and PR veteran, Mike Caudill, DRIVEN360's world-class track record is highlighted by the launch of startups into the global spotlight, as well as moving the needle for blue chip brands and some of the largest Fortune 500 companies via bold, integrated strategies. The firm's multi-industry expertise is reflected by current and past brands including Fisker, Sprint, SoftBank Group, LINE-X, Sena Bluetooth, MiFi/Inseego, Borla, Saint-Gobain, sports teams to Zero Motorcycles and many others.

The SRO event, "Pirelli GT4 America," took place on August 29 and 30, and featured two 90-minute races at the world-famous Road America Raceway in the heart of Wisconsin, about 20 miles north of Milwaukee.

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