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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.

1978 Chevrolet Corvette - Overview Photo

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.

1978 Chevrolet Corvette - Interior Photo

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.

1978 Chevrolet Corvette - Engine Photo

Walk-around Video of this Chevrolet Corvette

1996 Chevrolet Corvette - Passenger side

1996 Chevrolet Corvette Convertible Collector’s Edition

VERIFIED SELLER
PENDING SALE
$26,500
SOLD

The 1996 Chevrolet Corvette Collector’s Edition Convertible represents the final send-off of the iconic C4 generation, a platform that carried Corvette through a major technological evolution from the 1980s into the modern era. This particular example is equipped with the highly sought-after LT4 engine, available only with a 6-speed manual transmission, making it one of the most engaging and collectible variants of the C4 lineup. Showing just 41,677 miles, it stands as a well-preserved example of a limited-production commemorative model finished in exclusive Sebring Silver Metallic. With its blend of rarity, performance upgrades, and open-top driving experience, this Corvette appeals strongly to both collectors and enthusiasts who appreciate analog performance.

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1960 Chevrolet Corvette - Passenger side

1960 Chevrolet Corvette

VERIFIED SELLER
PENDING SALE
$78,900
SOLD

Since 1953, Chevy’s Corvette has shown not only North America but the entire world what Americans can do when they hunker down and make a proper sports car. Over eight generations of excellence, the Corvette has set a trend and defined a path that few can match, in terms of the trifecta of performance, luxury and value proposition. Finding yourself a classic Corvette is thus one of the best ways to celebrate this American institution, especially if you’re a fond Corvette fan. Why not consider rehoming this 1960 Chevrolet Corvette Convertible from Falmouth? It’s got under 99,000 miles on the clock, a 327 under the hood, an upgraded radiator, an Alpine CD player, and a few other near things to enjoy. Contact us ASAP if you’d like to be the next owner of this Roman Red ‘Vette.

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1977 Chevrolet Corvette - Passenger side

1977 Chevrolet Corvette Restomod

VERIFIED SELLER
PENDING SALE
$44,999
SOLD

The C3-generation Corvette is one of the most recognizable American sports cars ever built, and this 1977 Chevrolet Corvette Restomod takes that iconic platform and elevates it with modern performance and usability. Showing just 5,495 miles on the odometer, this example has been tastefully upgraded with a fuel-injected LS1 V8, transforming the driving experience while maintaining the classic styling that enthusiasts love. Finished in a striking Electric Blue with a custom interior, this Corvette blends vintage appeal with contemporary reliability, making it an excellent choice for both collectors and drivers who want the best of both worlds.

view listing
1996 Chevrolet Corvette - Passenger side

1996 Chevrolet Corvette Convertible Collector’s Edition

VERIFIED SELLER
PENDING SALE
$26,500

The 1996 Chevrolet Corvette Collector’s Edition Convertible represents the final send-off of the iconic C4 generation, a platform that carried Corvette through a major technological evolution from the 1980s into the modern era. This particular example is equipped with the highly sought-after LT4 engine, available only with a 6-speed manual transmission, making it one of the most engaging and collectible variants of the C4 lineup. Showing just 41,677 miles, it stands as a well-preserved example of a limited-production commemorative model finished in exclusive Sebring Silver Metallic. With its blend of rarity, performance upgrades, and open-top driving experience, this Corvette appeals strongly to both collectors and enthusiasts who appreciate analog performance.

view listing
2023 Chevrolet Camaro - Passenger side

2023 Chevrolet Camaro ZL1

VERIFIED SELLER
PENDING SALE
$70,000

The 2023 Chevrolet Camaro ZL1 Coupe represents the peak of sixth-generation Camaro performance, blending track-ready engineering with everyday usability. With just 20,036 miles, this example offers a compelling mix of factory performance features and tasteful aftermarket upgrades. Powered by the legendary supercharged LT4 V8, the ZL1 delivers explosive acceleration and razor-sharp handling, making it one of the most capable American performance cars on the road. Finished in striking Red Hot over a Jet Black interior with red accents, and equipped with features like the Performance Data Recorder and exposed carbon fiber elements, this ZL1 stands out as both a driver’s machine and a serious enthusiast’s car.

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1971 Chevrolet Nova - Passenger side

1971 Chevrolet Nova

VERIFIED SELLER
PENDING SALE
$49,999

This 1971 Chevrolet Nova Coupe is a fully restored and extensively upgraded street machine that delivers both show-quality presentation and serious performance. Showing just 1,656 miles since completion, this build presents as fresh, dialed-in, and ready to enjoy. Finished in stunning Vista Blue using PPG base/clear, the car has recently been cut, buffed, and polished to a deep, mirror-like shine, further protected by a ceramic coating. The all-steel body—including the aggressive 4-inch cowl hood—is exceptionally straight and clean throughout, including the floors, trunk, and frame. With its combination of low post-build mileage, high-end components, and meticulous restoration, this Nova stands out as a turn-key muscle car with both visual impact and real performance credibility.

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1966 Ford Fairlane - Passenger side

1966 Ford Fairlane 500 Convertible

VERIFIED SELLER
PENDING SALE
$47,500

The 1966 Ford Fairlane 500 Convertible is a standout example of classic American open-top motoring, elevated by the presence of a desirable GTA-spec 390ci V8. Showing 11,364 miles on the odometer, this Fairlane blends vintage styling with thoughtful upgrades that enhance both reliability and driving enjoyment. The GTA engine—originally associated with Ford’s performance-oriented Fairlane GT/A models—adds an extra layer of appeal, delivering strong torque and smooth power delivery. Finished in light blue metallic over a blue interior with a white convertible top, this car embodies the spirit of effortless cruising with a performance edge.

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1973 Mercedes-Benz 450SL - Passenger side

1973 Mercedes-Benz 450SL

VERIFIED SELLER
PENDING SALE
$19,999

The 1973 Mercedes-Benz 450 SL represents the beginning of the iconic R107 generation, a platform that would go on to define luxury roadsters for nearly two decades. Showing 27,315 miles, this example stands out with its striking Signal Red finish and classic Bamboo interior—an unmistakably period-correct combination. Known for its durability, smooth V8 power, and timeless styling, the 450 SL quickly became a symbol of success and refined motoring in the 1970s. With both a removable hardtop and a soft top, it offers year-round usability, making it as practical as it is collectible.

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1971 Chevrolet Nova - Passenger side

1971 Chevrolet Nova

VERIFIED SELLER
PENDING SALE
$49,999

This 1971 Chevrolet Nova Coupe is a fully restored and extensively upgraded street machine that delivers both show-quality presentation and serious performance. Showing just 1,656 miles since completion, this build presents as fresh, dialed-in, and ready to enjoy. Finished in stunning Vista Blue using PPG base/clear, the car has recently been cut, buffed, and polished to a deep, mirror-like shine, further protected by a ceramic coating. The all-steel body—including the aggressive 4-inch cowl hood—is exceptionally straight and clean throughout, including the floors, trunk, and frame. With its combination of low post-build mileage, high-end components, and meticulous restoration, this Nova stands out as a turn-key muscle car with both visual impact and real performance credibility.

view listing

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