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1994 Ford Mustang SVT Cobra Indy Pace Car Convertible

Borg Warner T5 5-Speed Manual | Saddle Brown Leather Interior  | Official Indy 500 Pace Car Graphics

OFF MARKET
VERIFIED SELLER
LOT #

23117638

Sports 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:
Mustang
VIN:
1FALP45D5RF158426
Lot Number:
23117638
Odometer:
65,800
(Exempt / TMU)
Engine:
5.0L V8
Drive Type:
RWD
Transmission:
Manual/Standard
Exterior Color:
Red
Interior Color:
Tan
Vinyl Wrap:
Vehicle Location:
Oswego
Illinois
  • 1994 Ford Mustang SVT Cobra Indy Pace Car
  • 5.0L V8
  • Borg Warner T5 5-Sped Manual
  • RWD
  • Rio Red Exterior
  • Saddle Brown Leather Interior
  • Tan Convertible Top
  • 8.8” Limited-Slip Rear Differential
  • 3.08 Gears
  • Official Pace Car Graphics
  • Recently Replaced Battery
View all specifications

Extras Included in the Sale

Background Story of this 1994 Ford Mustang

Overview of 1994 Ford Mustang For Sale by Owner

1994, the Mustang underwent an evolutionary rebirth, marking its first major redesign in 15 years. This model year was made even more exciting by the Cobra model's glorious return. For the third time in its storied history, the Mustang Cobra convertible—an icon of performance and style— earned the prestigious role of Pace Car at the renowned Indianapolis 500. The firm chose to make only 1,000 replica Indy 500 pace cars available to the public. What you are witnessing here is an authentic collector's item that was created to celebrate thirty years of Ford's outstanding achievement. This rare example of the 1994 Ford Mustang SVT Cobra Indy Pace Car Convertible shows 65,800 miles on its odometer and is currently up for sale in Illinois.

Exterior and Interior

Each Indy 500 Pace Car Edition, paying homage to the original steered by the legendary Parnelli Jones, is bathed in the captivating 'Rio Red' paint and topped with a tan Saddle convertible roof. The distinguishable winged-tire logo, a chrome cloisonné badge, boldly announces its presence on the front fenders and at the rear. However, the Official Pace Car Graphics that are painted on its sides are what truly captivate the eye. As you take a seat inside this 1994 Ford Mustang SVT Cobra Indy Pace Car, the Special Saddle Ivory Leather interior envelopes you. When your eyes wander around, you'll find the winged-tire embroidered seats and the front floor mats. The center console holds the AM/FM radio with a CD player, and right in front of it is the five-speed manual gearshift that nods to an era where the driver was directly linked with the performance of the car. As your hands grip the Cobra steering wheel, you'll notice a dash adorned with white gauges before you.

Engine

To lead the pack at the Indianapolis 500, the 1994 Ford Mustang SVT Cobra Indy Pace Car makes use of a 5.0L V8 engine that grants it 240 horsepower. As mentioned before, this powerhouse sends power to the rear wheels via a 5-speed manual transmission. Utilizing this futon, this cobra will propel you through the standing quarter-mile in under 14 seconds. Additionally, the current owner reports a recent replacement of the battery.

  • 1994 Ford Mustang SVT Cobra Indy Pace Car
  • 5.0L V8
  • Borg Warner T5 5-Sped Manual
  • RWD
  • Rio Red Exterior
  • Saddle Brown Leather Interior
  • Tan Convertible Top
  • 8.8” Limited-Slip Rear Differential
  • 3.08 Gears
  • Official Pace Car Graphics
  • Recently Replaced Battery

Walk-around Video of this Ford Mustang

Passenger side photo of vehicle

2003 Ford Mustang SVT Cobra Convertible

VERIFIED SELLER
PENDING SALE
$54,900
SOLD

The 2003 Ford Mustang SVT Cobra Convertible—widely known as the “Terminator”—represents one of the most iconic modern muscle cars ever produced, and this example takes that legacy to an entirely different level. Showing under 17,000 miles, this Cobra has been thoughtfully enhanced while retaining the raw, supercharged character that made it legendary. Finished in Silver Metallic over a Charcoal and Graphite interior, it combines classic early-2000s SVT styling with serious performance upgrades, including a 2.9L Whipple supercharger setup. With its low mileage, desirable convertible configuration, and well-executed modifications, this Cobra offers a rare opportunity to own a clean, high-performance example of one of Ford’s most celebrated builds.

view listing
Passenger side photo of vehicle

2007 Ford Mustang Shelby GT500

VERIFIED SELLER
PENDING SALE
$46,999
SOLD

Want a bona fide Shelby Mustang that’s relatively modern but still pretty raw and visceral to drive? This 2007 Ford Mustang Shelby GT500 from South Amboy might be the perfect match. It’s got a flamboyant Torch Red exterior, a Charcoal and Crimson two-tone interior and a supercharged V8 under the hood. That’s not all, this 13,600-mile pony car turned thoroughbred racehorse boasts a self-ported TVS supercharger upgrade, an L&M high-performance plenum, a custom ECU tune and more. The current owner reports that it’s been dynoed at around 733 horsepower at the rear wheels! Need we say more?

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Passenger side photo of vehicle

1965 Ford Mustang GT

VERIFIED SELLER
PENDING SALE
$69,500
SOLD

Got a petrolhead in your family? If so, this maroon 1965 Ford Mustang GT Hardtop with the Pony Interior Décor Group is the perfect present to gift them. It’s a fine first-generation example of Ford’s pioneering pony car and comes to you with less than 19,000 miles on the clock. It’s got a 225-horsepower V8 paired with a 4-speed manual box and is, of course, rear-wheel drive. With over 500,000 Mustangs sold in 1965, you can imagine how much of a hit the car was way back then. Now, it’s the perfect classic for anyone with even a passing interest in older American cars. This car is up for sale in Freetown, Massachusetts.

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Passenger side photo of vehicle

1923 Ford Model T Bucket Hot Rod

VERIFIED SELLER
PENDING SALE
$29,500

Cars from the 20’s have now clocked in a century of existence, they are tremendous pieces of engineering that are often overlooked by the automotive world. Fast forward to the modern-day world of motoring, and a lot has changed; everything is faster, but the very essence of motoring has been lost. Looking to explore that old-school 20s charm with the addition of performance? Feast your eyes on this 1923 Ford Model T T-Bucket Hot Rod we have today. This custom hot rod is reported to have run just 3,196 miles and hails from Three Rivers, Michigan.

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Passenger side photo of vehicle

1955 Ford Thunderbird

VERIFIED SELLER
PENDING SALE
$44,999

Ford’s famous T-Bird was conceived in the Fifties, as an American Grand Tourer. But using that European designation wouldn’t do, so Ford created a segment name for it as well: Personal Luxury Car. Introduced in 1955 as a luxurious two-seater with V8 power under the hood, the first-generation T-Bird saw over 16,000 sold. This Torch Red 1955 Ford Thunderbird from Roseville, California is one such example. With its two-tone interior, 292ci V8 and 12-volt electrical system, this is a fine classic to drive around in. The car also comes with the detachable hardtop included in the sale, making it an all-weather, all-season classic if you please. We believe that the car may have received restoration, and bears just 1,700 miles since then.

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Passenger side photo of vehicle

2003 Ford Mustang SVT Cobra Convertible

VERIFIED SELLER
PENDING SALE
$54,900

The 2003 Ford Mustang SVT Cobra Convertible—widely known as the “Terminator”—represents one of the most iconic modern muscle cars ever produced, and this example takes that legacy to an entirely different level. Showing under 17,000 miles, this Cobra has been thoughtfully enhanced while retaining the raw, supercharged character that made it legendary. Finished in Silver Metallic over a Charcoal and Graphite interior, it combines classic early-2000s SVT styling with serious performance upgrades, including a 2.9L Whipple supercharger setup. With its low mileage, desirable convertible configuration, and well-executed modifications, this Cobra offers a rare opportunity to own a clean, high-performance example of one of Ford’s most celebrated builds.

view listing
Passenger side photo of vehicle

1997 Porsche 911 Carrera 4 Cabriolet

VERIFIED SELLER
PENDING SALE
$74,999

The 1997 Porsche 911 Carrera 4 Cabriolet represents the final evolution of the air-cooled 911 era, making it one of the most sought-after modern classics today. As part of the 993 generation—the last of the hand-built, air-cooled cars—this model carries both historical significance and a driving experience that many purists consider unmatched. With just over 41,000 miles, this example has been enjoyed sparingly while still remaining highly collectible. Finished in a timeless black-on-black configuration and equipped with a 6-speed manual, it delivers an authentic, analog Porsche experience that continues to define the brand’s legacy.

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Passenger side photo of vehicle

2010 Chevrolet Corvette 1LT

VERIFIED SELLER
PENDING SALE
$29,999

The 2010 Chevrolet Corvette Coupe 1LT represents the essence of American performance, pairing timeless C6 styling with proven LS3 power. With over 92,000 miles, this example has clearly been enjoyed as intended while still offering the performance and presence that make the Corvette such an enduring icon. Finished in Blade Silver Metallic over an Ebony leather interior, it presents a clean and classic specification, further enhanced by desirable options like the dual mode performance exhaust, limited-slip rear axle, and aftermarket wheels that give it a more personalized and aggressive stance. This Corvette delivers an engaging driving experience with everyday usability, making it an ideal choice for enthusiasts seeking both value and performance.

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Passenger side photo of vehicle

2004 Chevrolet Corvette Convertible

VERIFIED SELLER
PENDING SALE
$27,999

Taking ownership of a classic comes with the doubt in the back of one's mind: Will this financially ruin me? It's easy to picture the sunset drives and the wide open smiles, but very few talk about the possible downsides if you get your hands on the wrong machine. If this is a thought when browsing the interwebs for your next classic machine, worry not, let us bring to you a machine that only brings you good times and expects more time on the open road. Take a look at this 2004 Chevrolet Corvette Convertible we have today! Hailing from Belle Vernon, Pennsylvania, and with just 14,474 miles run since new, this classic motor also has a 1SB Preferred Equipment Group and is the top-tier trim to have from the C5 generation of Corvettes.

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