What you see here is a real collector's edition Mustang that was produced to celebrate 30 years of Ford success. In 1994, Ford lined up three special editions SVT Cobras to serve as pace cars at the 78th Indianapolis 500 race. The cars were specially tuned for heavy-duty pacing duties at race speeds by Jack Roush, with the lead pacer car being driven by 1963 race winner, Parnelli Jones. This was a special moment for Ford, and the company decided to release just 1000 Indy 500 pace car replicas to the public. This 1994 Ford Mustang Cobra Indy Pace Car Convertible is one of them and is up for sale in Ohio with a mere 4,800 miles on it along with the original bill of sale to prove its authenticity. This ‘Stang is a relatively rare pony that will definitely appreciate in value and desirability as time goes by.
Every one of the Indy 500 pace car edition examples came with the same trim as the original that was driven by Parnelli Jones in 1994. The cars were given a 'Rio Red' exterior paint (this one has a tinted clearcoat as well), and a Saddle convertible roof. The Indy 500 pace car edition was also distinguishable by the winged-tire logo emblazoned as a chrome cloisonné badge as seen on the rear end of this vehicle, which is also reported to have its convertible boot still wrapped in plastic. The cabin of the 1994 Ford Mustang Cobra Indy Pace Car Convertible editions consisted of a special Saddle Ivory Leather interior. Also included is the 250P preferred equipment package with illuminated remote keyless entry, an AM/FM radio with CD player, winged-tire embroidered seats, and front floor mats. The seller also reported that the door rubber is "clean and soft", which is a good thing for weather proofing.
Under the hood of this 1994 Ford Mustang Cobra Indy Pace Car Convertible is a scarcely used 5.0L high-performance small-block V8 producing 240hp coupled with a 5-speed standard manual transmission giving this car the ability to complete the standing quarter-mile in under 14 seconds, which was impressive in 1994 and remains no mean feat to this day.
Car Location: Ohio 1994 Model Year Ford Mustang Cobra Convertible Indy Pace Car Edition Rio Red Tinted Clear Coat Exterior Ivory Saddle Leather interior 4800 miles reported 5.0L V8 Super High Performance Engine 5 speed manual transmission Preferred equipment package 250P Mustang Group 13 Illuminated entry Remote keyless entry Front floor mats Speed control Rear window defroster AM/FM CD player Saddle convertible roof Leather embroidered Cobra Indy Original Window sticker reported Original Bill of Sale reported Seller reports they have verification from Ford Motor Co. on the SVT Cobra Convertible boot is still in the plastic wrap - reported Seller reports the door rubber is "clean and soft"
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