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2012-12-12
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1978 Chevrolet Corvette Indy 500 Pace Car Edition

Indy 500 Pace Car Edition - 1 of 6,502 | 350ci V8  | “Official Pace Car” Decals

OFF MARKET
VERIFIED SELLER
LOT #

251335839

Classic Car

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OFF MARKET VEHICLE
All the information and photos on this listing are from when this vehicle was originally listed on ExoticCarTrader.com
Listing Disclaimer:
Verified Seller provides all vehicle specific information and modifications listed below. Confirm any specifics with your Exotic Car Trader Representative prior to purchase. Sales tax or other taxes, tag, title, registration fees, government fees, not included in advertised price. $1,299 Pre-Delivery Service Charge not included in advertised price.
Make:
Model:
Builder:
Corvette
VIN:
1Z87L8S905813
Lot Number:
251335839
Odometer:
75,249
(Exempt / TMU)
Engine:
350ci V8
Drive Type:
Rear-Wheel Drive (RWD)
Transmission:
Automatic
Exterior Color:
Black
Interior Color:
Gray
Vinyl Wrap:
Vehicle Location:
Milford
Pennsylvania
  • 1978 Chevrolet Corvette Indy 500 Pace Car Edition
  • 350ci V8
  • Rochester Quadrajet 4-Barrel Carburetor
  • 3-Speed Automatic
  • RWD
  • Black Exterior
  • Gray Interior
  • Front independent Coil Spring Suspension
  • Rear Independent Transverse Leaf Suspension
  • 4-Wheel Power Disc Brakes
  • Red Pace Car Pinstripe
  • “Official Pace Car” Decals - 1978 Indy 500 Edition
  • Alloy Wheels
  • 1 of 6,502 Produced
View all specifications

Extras Included in the Sale

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Background Story of this 1978 Chevrolet Corvette

Overview of 1978 Chevrolet Corvette For Sale by Owner

Being selected as the Pace Car for the prestigious and historically significant Indy 500 is no small feat. Automakers vie for this honor, and Chevy’s Corvette has held the torch multiple times. The Corvette’s first outing as an Indy 500 Pace Car was in 1978, with the C3 generation. Then, the C4 performed pace car duties twice, in 1986 and 1995. The C5 did it twice as well, the C6 racked up a four-year streak from 2005 to 2008 and a fifth time in 2012, the C7 had four outings, and the current C8 has done it five times (discounting the electric E-Ray variant). Chevy has capitalized on these outing as well, creating limited-edition Pace Car variants for lucky customers to buy, own and drive. That’s why this particular 1978 Chevrolet Corvette Indy 500 Pace Car Edition is significant as it marks the start of the Corvette’s Indy 500 Pace Car journey. Only around 6,500 units were made, and this example from Pennsylvania bears just 75,249 miles so far. Snap it up, quick, because it’s a piece of history.

Exterior and Interior

The 1978 Chevrolet Corvette Indy 500 Pace Car Edition came with a black over silver metallic paint coat, and a red pinstripe, features which this car proudly flaunts. Further embellishments for Indy 500 Pace Cars include special alloy wheels, and of course Indy 500 decals. All these only add to the muscular design of the C3, with its quad headlamps in pop-up pods creating a distinctive appearance at night. The interior of this 1978 Chevrolet Corvette Indy 500 Pace Car Edition is also in black, and seats two occupants on leather-trimmed seats. Indy Pace Car editions got standard air conditioning, power windows, a rear defogger and an AM/FM radio. There’s enough space for comfortable grand touring, and ample trunk capacity too.

Engine

Powering this 1978 Chevrolet Corvette Indy 500 Pace Car Edition is a 350ci (5.7L) L48 V8 that was reportedly rated for 185hp and 280lb-ft of torque. Power goes to the rear axle through a 3-speed automatic gearbox. You’ve also got 4-wheel power disc brakes for excellent stopping prowess.

Walk-around Video of this Chevrolet Corvette

Passenger side photo of vehicle

2022 Chevrolet Corvette Stingray Coupe 1LT Twin Turbo

Current Ask
VERIFIED SELLER
PENDING SALE
$79,499
SOLD

This 2022 Chevrolet Corvette Stingray Coupe 1LT presents a significantly enhanced take on Chevrolet’s mid-engine sports car platform, combining modern engineering with substantial performance upgrades. Powered by a 6.2L twin-turbocharged V8 and paired with an 8-speed dual-clutch automatic transmission, this rear-wheel-drive Corvette delivers dramatically elevated power output and rapid gear changes while retaining the balanced chassis dynamics that define the C8 generation. The addition of a Huron Speed twin turbo kit and an aftermarket ECU tune transforms the Stingray into a high-performance build that far exceeds factory output while maintaining street usability.

view listing
Passenger side photo of vehicle

1959 Chevrolet Corvette Restomod

Current Ask
VERIFIED SELLER
PENDING SALE
$274,999
SOLD

This 1959 Chevrolet Corvette has been comprehensively reimagined as a high-quality restomod that blends iconic C1 styling with modern performance, drivability, and comfort. Built around a custom tube chassis and powered by a 6.2L naturally aspirated LT1 V8, this example moves well beyond a cosmetic restoration, offering contemporary reliability while preserving the character and proportions that define late-1950s Corvette design. The integration of modern suspension, braking, and interior systems positions this car as a true driver-focused classic rather than a period-correct showpiece.

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Passenger side photo of vehicle

2022 Chevrolet Corvette Stingray Coupe 3LT Z51 IMSA GTLM Championship C8.R Edition

Current Ask
VERIFIED SELLER
PENDING SALE
$104,999
SOLD

The Chevrolet Corvette has been on the map for offering the world some of the most iconic classics. "America's sports car" refers almost universally to this unmistakable car. In the modern day and age, Chevrolet engineers aspire to keep this title alive by creating supercar-level performance vehicles for a relatively accessible price point. What we have here is a 2022 Chevrolet Corvette Stingray IMSA GTLM Championship C8.R Edition that found its way to our inventory from Henderson, Nevada. With a limited production of only 1000 units, this rare specimen was introduced to celebrate Corvette Racing's dominant 2020 IMSA championship. This being a collectible car is a no-brainer, and this example can be yours with only 6575 miles on its odometer.

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Passenger side photo of vehicle

2022 Chevrolet Corvette Stingray Coupe 1LT Twin Turbo

Current Ask
VERIFIED SELLER
PENDING SALE
$79,499

This 2022 Chevrolet Corvette Stingray Coupe 1LT presents a significantly enhanced take on Chevrolet’s mid-engine sports car platform, combining modern engineering with substantial performance upgrades. Powered by a 6.2L twin-turbocharged V8 and paired with an 8-speed dual-clutch automatic transmission, this rear-wheel-drive Corvette delivers dramatically elevated power output and rapid gear changes while retaining the balanced chassis dynamics that define the C8 generation. The addition of a Huron Speed twin turbo kit and an aftermarket ECU tune transforms the Stingray into a high-performance build that far exceeds factory output while maintaining street usability.

view listing
Passenger side photo of vehicle

1959 Chevrolet Corvette Restomod

Current Ask
VERIFIED SELLER
PENDING SALE
$274,999

This 1959 Chevrolet Corvette has been comprehensively reimagined as a high-quality restomod that blends iconic C1 styling with modern performance, drivability, and comfort. Built around a custom tube chassis and powered by a 6.2L naturally aspirated LT1 V8, this example moves well beyond a cosmetic restoration, offering contemporary reliability while preserving the character and proportions that define late-1950s Corvette design. The integration of modern suspension, braking, and interior systems positions this car as a true driver-focused classic rather than a period-correct showpiece.

view listing
Passenger side photo of vehicle

2022 Chevrolet Corvette Stingray Coupe 3LT Z51 IMSA GTLM Championship C8.R Edition

Current Ask
VERIFIED SELLER
PENDING SALE
$104,999

The Chevrolet Corvette has been on the map for offering the world some of the most iconic classics. "America's sports car" refers almost universally to this unmistakable car. In the modern day and age, Chevrolet engineers aspire to keep this title alive by creating supercar-level performance vehicles for a relatively accessible price point. What we have here is a 2022 Chevrolet Corvette Stingray IMSA GTLM Championship C8.R Edition that found its way to our inventory from Henderson, Nevada. With a limited production of only 1000 units, this rare specimen was introduced to celebrate Corvette Racing's dominant 2020 IMSA championship. This being a collectible car is a no-brainer, and this example can be yours with only 6575 miles on its odometer.

view listing
Passenger side photo of vehicle

1959 Chevrolet Corvette Restomod

Current Ask
VERIFIED SELLER
PENDING SALE
$274,999

This 1959 Chevrolet Corvette has been comprehensively reimagined as a high-quality restomod that blends iconic C1 styling with modern performance, drivability, and comfort. Built around a custom tube chassis and powered by a 6.2L naturally aspirated LT1 V8, this example moves well beyond a cosmetic restoration, offering contemporary reliability while preserving the character and proportions that define late-1950s Corvette design. The integration of modern suspension, braking, and interior systems positions this car as a true driver-focused classic rather than a period-correct showpiece.

view listing
Passenger side photo of vehicle

1970 Ford Mustang Convertible

Current Ask
VERIFIED SELLER
PENDING SALE
$55,000

First generation Ford Mustangs are some of the most popular first-time classic cars around. Think we’re mistaken? Well, based on the amount of them that we’ve shifted, we beg to differ. With well over 2.5 million first-gen ‘Stangs created, there’s definitely no shortage of them around. You’ve got six or eight-cylinder power, three alluring body styles to pick from, and manual or automatic transmissions. So, choosing a first-generation Mustang is really down to your specific tastes and desires. Today’s example is a 1970 Ford Mustang Convertible from Portland, Oregon. It’s got a 302ci V8 under the hood, paired with a 3-speed SelectShift automatic gearbox, and also rocks an aftermarket radio. So do let us know if you’d like to own this sub-36,000 mile pony.

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Passenger side photo of vehicle

1966 Chevrolet Corvette Convertible

Current Ask
VERIFIED SELLER
PENDING SALE
$111,999

This 1966 Chevrolet Corvette Convertible represents one of the most iconic and driver-focused configurations of the second-generation C2 platform. Powered by a high-output 327ci naturally aspirated V8 rated at 350 horsepower and paired with a 5-speed manual transmission, this Corvette emphasizes mechanical engagement, high-revving performance, and classic American sports car character. As a St. Louis–built example finished in factory Rally Red, the car showcases a highly desirable combination of performance, correct specification, and period-correct presentation, making it an excellent representation of mid-1960s Corvette engineering.

view listing

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