The series was created by Braselton, Georgia-based businessman Don Panoz and ran its first season in 1999. Panoz created a partnership with the Automobile Club de l'Ouest (ACO), the organizers of the 24 Hours of Le Mans, to begin a 10-hour race in the spirit of Le Mans, dubbed the Petit Le Mans. The inaugural Petit Le Mans took place in 1998 as a part of the Professional SportsCar Racing series, in which Panoz was an investor. For 1999, the series changed its name to the American Le Mans Series, and adopted the ACO's rulebook.