1978 Chevrolet Corvette Pace Car Edition L82 4-Speed







Ended May 29, 2026 at 6:30 PM UTC
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Description
Shortly after producing the 500,000th Corvette on 15 March 1977, Chevrolet prepared to celebrate the model’s 25th anniversary the following year. The new 1978 models were given the first major design revision in 10 years, which included a new fastback body and rounded glass rear window, and they were chosen to pace that year’s Indianapolis 500. To commemorate the honor, a “Limited Edition” collector edition Corvette referred to as the “Pace Car Edition” was produced with black-over-silver livery and special decals with a gray leather interior.
This ’78 Corvette Pace Car Edition is equipped with a 350ci L82 V8 engine mated to a 4-speed M21 manual (close ratio) transmission, found in less than 10 percent of 1978 Corvettes. "Indianapolis Motor Speedway" decals are fitted to the rear fenders, and the dealer-added red and white “Official Pace Car” side decals are included with the sale.
Showing approximately 46,000 miles, this 1978 Chevrolet Corvette Pace Car Edition is now offered by the selling dealer with a special edition Corvette jacket, manufacturer's literature, new-in-box graphics, original documentation, and a clean Oregon title.
Highlights
Presented by the selling dealer as an original mileage example
Finished in two-tone black and silver paint with red striping
Silver leather-trimmed bucket and steering wheel
New-in-box Indy 500 Pace Car Edition graphics
Original documentation
Factory Equipment
Carbureted 350ci L82 V8 engine
M21 4-speed manual transmission
Positraction differential
Power-assisted steering and four-wheel disc brakes
15” eight-slot alloy wheels
Pop-up headlights
Removable glass roof panels
Center-stack auxiliary gauges
Tilt-telescopic steering column
Air conditioning
Power windows
AM/FM radio
The chassis number (1Z8748S904407) decodes as:
1 – USA
Z – Corvette
87 – Two-door coupe
4 – L82 V8 engine
8 – 1978 model year
S – St. Louis, Missouri, assembly plant
904407 – Sequential production number (9 indicates “Pace Car Edition”)
Documentation
A reproduction and the original build sheet, window sticker, and delivery inspection form can be viewed in the photo gallery.
Known Imperfections
Please refer to the seller's detailed photos of the cosmetic imperfections
Ownership History
This 1978 Chevrolet Corvette Pace Car Edition was recently acquired by the selling dealer and carries a clean Oregon title.
Included Items
Original build sheet, window sticker, and inspection form
Manufacturer's literature
Uninstalled Pace Car decals
T-top storage bags
Corvette jacket
Additional Information
From the seller, "This Corvette is one of approximately 200 made pairing the L82 engine and M21 transmission with the Pace Car Edition."
Additional documents
All auction listings on Hagerty Marketplace are created using information provided by the seller. The Marketplace team and the seller have reviewed all information for accuracy to the best of their abilities. Bidders are ultimately responsible for conducting their own due diligence before placing a bid, including verifying details, condition, registration requirements, and compliance with applicable laws. For any questions or additional information, contact the seller.
