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While it was not the rarest Corvette Pace Car Replica ever manufactured by GM, the 1998 Chevrolet Corvette Pace Car Replica was – and remains – one of the most desirable pace car replicas ever made. This is primarily due to the fact that this replica is nearly identical to the actual pace cars that were used during the 1998 Indianapolis 500. It was fitting given that 1998 also marked the brand's 20th anniversary as "Official Pace Car" of this momentous race.
In 1969, Chevrolet changed the perception of Corvette forever by introducing the ultra-powerful ZL-1 Corvette with a 427 CI engine producing 585 horsepower! The 1969 ZL-1 Corvette came equipped with an entirely new big-block engine option that produced more horsepower than any Corvette that had come before it. Any Corvette, when ordered with RPO ZL1, came fitted with an all-aluminum 427 C.I. engine that featured a dry-sump oil system and which weight approximately 100 pounds less.