As we reflect on another successful Indy 500, let’s take a trip down memory lane and examine a classic pacer from the past. This week’s Nice Price or No Dice features a Corvette with a fascinating backstory and impeccable condition. Will its impressive qualities lead to a winning price?

The Corvette in question is a 1978 model that served as a pace car at the Indianapolis 500 that year. This was a significant moment in the car’s history, as it was the first time a Corvette had been selected as the pace car for the iconic race. The car was driven by racing legend Jim Rathmann during the parade laps, adding to its already impressive pedigree.

Fast forward to today, and this Corvette is still in remarkable condition. It has been well-maintained over the years, with only 4,000 miles on the odometer. The exterior is painted in a striking two-tone black and silver scheme, which was the same color scheme used on the actual pace car at the 1978 Indy 500. The interior is just as impressive, with black leather seats and a sleek dashboard that harkens back to the car’s glory days.

Under the hood, this Corvette is powered by a 350 cubic inch V8 engine that produces 220 horsepower. While this may not sound like much by today’s standards, it was more than enough to make this car a force to be reckoned with in its heyday. The engine is paired with a three-speed automatic transmission, which provides smooth and effortless shifting.

So, what’s the catch? Well, as with any classic car, there are a few things to keep in mind before making a purchase. Firstly, this Corvette is not equipped with air conditioning, which may be a dealbreaker for some buyers. Additionally, while the car has been well-maintained, it is still over 40 years old and may require some upkeep and maintenance to keep it running smoothly.

Overall, this 1978 Corvette pace car is a true gem for collectors and racing enthusiasts alike. Its unique history and exceptional condition make it a standout in the world of classic cars. While it may not be the most practical choice for everyday driving, it is sure to turn heads and impress at car shows and other events. And with a price tag of $32,000, it may just be worth the investment for those who appreciate the beauty and history of classic cars.