Auction ended.

1998 Chevrolet Corvette Convertible Pace Car

Sold for on 05/28/25
1998 Chevrolet Corvette Convertible Pace Car

Ended May 28, 2025 at 7:13 PM UTC

Chassis/VIN1G1YY32G2W5117588 
Mileage indicated62,542 Miles
LocationHuntsville, Alabama
Engine5.7-liter V8
TransmissionAutomatic
Body StyleConvertible

Addenda and errata

  • Please note a comment has been posted that details how an onsite inspection can be granted for Hagerty Marketplace registered bidders.

  • Please note a YouTube cold start video has been added.

  • Please note an update to the Known Imperfections has been made.

Description

OFFERED WITHOUT RESERVE

Huntsville, Alabama — or “Rocket City,” as we know it — is home to NASA rocket-propulsion research and development. Nothing quite encapsulates the launch and excitement of the region as this out-of-world collection of cars including movie cars and tributes, desirable classics, and a rocket truck itself. 3… 2… 1… These cars are ready for blastoff, and all will be launched to new homes and garages as all lots are presented with NO RESERVE.     *  *  * 

One year after the 1997 Corvette debuted, America’s sports car was chosen as the Indianapolis 500 Pace Car. That was no surprise: with technical advancements like a rear-mounted transaxle for nearly 50/50 weight distribution, powerful, ABS-enhanced disc brakes, and a sleek, low-drag body, the C5 was light, stiff, and more than capable of handling Indy’s 2.5-mile oval without modification. And its high-tech hydroformed frame rails provided incredible stiffness for both coupe and convertible body styles.

Providing the power for the Brickyard’s long straights was the high-tech, all-aluminum LS1 engine. The Corvette team’s goal was to improve power, efficiency, smoothness, and durability, and this pushrod engine was both very reliable and incredibly powerful, thanks to components like six-bolt main bearing caps, a high-lift roller camshaft, high-flow heads, and efficient intake and exhaust systems. Automatic-equipped versions hit 60 mph in five seconds and flew through the quarter mile in 13.5 seconds — and could hit 160 mph with the top down.

This 1998 Chevrolet Corvette Convertible Pace Car is one of only 1,163 built in 1998, and wears the unique Pace Car palette of purple paint with Indy 500 graphics, along with a yellow interior and yellow wheels.

Highlights 

  • Offered from The Rocket City Collection 

  • (Z4Z) Indy Pace Car package with special paint, interior, and wheel colors 

  • 5.7-liter LS1 V8 rated at 345 hp and 350 lb-ft of torque 

  • Four-speed automatic transmission 

  • Finished in (21U) Radar Purple with a (194) Yellow interior 

  • Unique Indy 500 graphics package 

  • Black convertible top 

  • Clean CARFAX History Report 

Features 

  • 17-inch front, 18-inch rear five-spoke wheels 

  • 245/45R17 front, 275/40R18 rear Bridgestone Potenza RE760 Sport tires 

  • Full instrumentation including 200-mph speedometer and 7,000-rpm tachometer 

  • Reupholstered seats 

  • Jensen AM/FM/CD stereo with SiriusXM, Bluetooth, and AUX input  

Known Imperfections 

  • Minor paint chips/scuffs on wheels 

  • Driver side door speaker has permanent stain on the speaker mesh cover

Included 

  • Keys 

Ownership History

The accompanying CARFAX Vehicle History Report places this two-owner 1998 Chevrolet Corvette Convertible in Florida.

Additional Notes

A Broad Arrow Auctions Specialist is working as an agent on behalf of the owner of this vehicle. Broad Arrow Auctions is a wholly owned subsidiary of Hagerty.

Ramsey Potts Phone: 912.508.4096 email: rpotts@hagerty.com

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.

1998 Chevrolet Corvette Convertible Pace Car · No reserve


Sold to
$19,260
EndedMay 28, 2025 at 7:13 PM UTC
Bids20
Views6,412

Bids
CorvetteOG's avatar
May 28, 2025 at 7:11 PM
$18,000bid placed 
DavidKukulka's avatar
May 28, 2025 at 7:11 PM
$16,500bid placed 
CorvetteOG's avatar
May 28, 2025 at 7:10 PM
$16,000bid placed 
DavidKukulka's avatar
May 28, 2025 at 7:10 PM
$15,500bid placed 
CorvetteOG's avatar
May 28, 2025 at 7:09 PM
$15,250bid placed 

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