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The big news for 1986 was that a Corvette would pace the Indy 500 for the second time. Retired General Chuck Yeager was enjoying celebrity status as a result of the book and movie, “The Right Stuff.” But Chevrolet was still smarting from the heavy criticism over the ‘78 Corvette Pace Car debacle and decided that all 1986 Corvette convertibles were designated as “Pace Car Replica”.
Corvette’s decision to become the official pace car of the Rolex 24 Hours at Daytona is a key component of Chevrolet’s strategy to reinforce Corvette’s image as "America’s Performance Icon." Jim Campbell, Corvette brand manager, is responsible for developing this strategy, and he’s the guiding force behind Corvette’s return to the racetrack.
A 2006 specially outfitted Corvette Z06 served as the Official Pace Car of the 13th Allstate 400 at the Brickyard on Sunday, Aug. 6 at the Indianapolis Motor Speedway. Chevrolet cars have paced the prestigious NASCAR NEXTEL Cup Series race at each of the 12 previous events, but the Corvette has never before been the Chevrolet brand chosen to lead the field to the green flag at the historic 25-mile IMS oval track. There's a first time for everything.
While the redesign gave the Corvette a fresh look for the new model year, Chevrolet also recognized the importance of commemorating the car's quarter-century of production.  For the first time in the brand's history, two special-edition Corvettes were introduced for the 1978 model year: the Silver Anniversary Edition and the Indy Pace Car coupes. On March 15, 1977, the 500,000th Corvette rolled off the assembly line at Chevrolet's St. Louis manufacturing plant. 
Millions of spectators, broadcast viewers and listeners from around the world will be focused on the western region of France as one of Chevrolet’s fifth-generation family of Corvettes (referred to as C5) will pace an international field of sports cars as the Official Pace Car of the 67th running of the Le Mans 24 Hour race on June 12-13, 1999.
The Chevrolet Corvette has served as the official pace car of the Indy 500 18 times since 1978. That accounts for half of the 32 times that Chevrolet has been given the honor since 1948, which only highlights the sports car’s endearing legacy. Interestingly enough, this C8 Corvette convertible is the first Indy 500 pace car to have a drop-top since the 2011 Chevrolet Camaro.
The Corvette skipped a year and returned to the Indy 500 in 2015. NASCAR legend Jeff Gordon drove the 'Vette for the first lap, and the car had a fairly simple body with the race decals on the doors and sponsor stickers at the front end. Gordon, who grew up in nearby Pittsboro, Indiana, is no stranger to the Indianapolis Motor Speedway. He won the first NASCAR race in the history of the famed 2.5-mile oval and has won four more times.
NEXTEL Cup drivers Tony Raines and Jeff Green, along with hundreds of fans in Daytona Intemational Speedway's acclaimed NEXTEL FANZONE, got the first look at the 2007 Daytona 500 pace car with a special unveiling during the NASCAR Jackson Hewitt Preseason ‘Thunder Fan Fest. Corvettes were also used as Track cars and other support vehicles during the event activities at that years Daytona Speed Weeks. Corvettes were also used as Track cars and other support vehicles.
1978 was significant because it marked the cars 25th anniversary of production. Recognizing the achievement of manufacturing a car for a quarter-century, Chevrolet commemorated this accomplishment by introducing two special-edition Corvette that year.  The first of these was known as the "Silver Anniversary" edition Corvette.  It featured a two-tone silver over gray exterior with special pin-striping and special "25th Anniversary" badging.