For Sale: 1998 Chevrolet Corvette in Colorado Springs, Colorado

Details

1 of 1,163, this 1998 Chevrolet Corvette Indy 500 Pace Cars has only been driven 19,568 miles and stands as a great example of a rare collectible Corvettes. This car proudly wears its Radar Blue paint with special Indy 500 Pace Car livery. These Pace cars had a special interior combo of a striking yellow and black upholstery to match the exterior. 

Powering this Corvette is a 345 hp 5.7 liter V8 LS1 engine paired with a four-speed automatic transmission. Additional features include a manual convertible top, power windows, locks, and mirrors. The wheels were also given yellow paint to match the race livery.

This car was modified with aftermarket cold air intake, exhaust, and a retro-style engine cover. A third party inspection was performed and can be viewed at this link. Also performed were third-party photos, and a CarFax search revealed no accidents. 

The current owner has owned the car since 2019 and is located in Colorado. Included in the sale are the original matching floor mats. 

This Corvette is available in Colorado as a Premium Listing on CLASSIC.COM. being sold by Robert Lewis.

About the model

The Chevrolet Corvette 1998 Indy 500 Pace Car was a limited edition variant of the C5 Corvette that was offered for the 1998 model year. Created to celebrate the use of the C5 Corvette as the pace car for the 1998 Indianapolis 500, the 1998 Pace Car Edition was only offered in a convertible body style that was painted in Rader Blue with pace car graphics, and featured a distinctive black and yellow interior. These cars were powered by Chevrolet's LS1 engine, which was a 5.7L V8 with an output of 345hp that drove the rear wheels through a 6 speed manual or 4 speed automatic transmission. Only a total of 1,163 examples of the 1998 Chevrolet Corvette Indy 500 Pace Car were built, with 547 featuring the manual transmission, and 616 featuring the automatic.

Features and Specs

• VIN: 1G1YY32G6W5118016
• 19,568 miles
• 5.7L V8 engine (LS1)
• Manual convertible top
• 4-Speed automatic transmission
• 1 of only 1,163 built
• Power windows, locks, mirrors
• Radar blue paint w/specialty pace car graphics
• Yellow and Black leather seats

Known Modifications

• Custom engine cover 
• Custom air-intake
• Aftermarket exhaust

Due Diligence

• Accident free CarFax 4/24/2024
• Third-party photos
• Third-party inspection found here

Ownership History

• 2019- Purchased by the current owner in CO
• 2004- 2nd owner purchased the car in CO
• 1998- 1st owner made initial purchase in CO

Service History

• Due to the nature of the sale, the seller does not have service records available. We have provided an inspection report and we encourage buyers to have their own performed.

Known issues

• Blemish on the drivers and passengers seat
• Tire Pressure Monitoring System is not functioning

Included in the sale

• Original floor mats