The LMP01 Evos would continue into 2003, this time being run by the JML Team in place of the Panoz factory itself, yet still retained factory support. However the pace of the cars was lacking in comparison to its competitors, with a string of five third-place finishes in a row finally eclipsed by a second place at the finale at Petit Le Mans. At the 24 Hours of Le Mans, one of JML's two entries managed to finish in fifth place behind the Audis and Bentleys. The car would officially be retired after the 2003 season, with Panoz deciding instead to concentrate on the new Esperante GT-LM production-based race car for the GT2 class in the American Le Mans Series.