Thanks Michael for providing the hardware details - that may have solved your problem. I selected a machine as close as possible to yours (it is actually a Microsoft Home Server v 2) and stuck the install disk in and booted. Boom!!!! Just after the grey screen with the cursor in the top left-hand corner I got a panic almost identical to yours. The important difference was a few lines at the top talking about tick and clock. A search on the web revealed this hit... https://bugs.centos.org/view.php?id=9860

So I rebooted again and hit <TAB> on the options screen and added according to the report "initcall_blacklist=clocksource_done_booting" so my line at the bottom of the screen looked like
(... snipped) quiet initcall_blacklist=clocksource_done_booting

hit <ENTER> - a little anxious time then HOORAY!!! up comes the normal boot messages, no panic :-) I didn't proceed further as I'm not installing on the machine...

Give it a try Michael - make sure you use underscores between the words.

Dave - you might want to review https://bugs.centos.org/view.php?id=9860 and replace the kernel in the iso with a newer one?

EDIT: forget to add this from the bug report

Don't forget to check the installed system has the added parameter - when you upgrade to the latest kernel I don't think this is required any more