This 1994 Ford Mustang SVT Cobra convertible is #248 of 1,000 examples built to commemorate the Mustang’s selection as the pace car for the 1994 Indianapolis 500. The car remained with the original owner until the selling dealer’s acquisition in 2022 and now shows 118 miles. It is powered by a 302ci V8 paired with a five-speed manual transmission and is finished in Rio Red Tinted Clearcoat with a Saddle convertible soft top over Saddle leather. Equipment includes a limited-slip differential, a rear spoiler, 17″ cast-aluminum wheels, fog lights, a power-adjustable driver’s seat, a cassette stereo, a CD player, and air conditioning. This Mustang SVT Cobra convertible Pace Car Edition is now offered in Illinois with the owner’s manual, spare parts, an accident-free Carfax report, and a clean Ohio title. All Indy 500 Cobra Pace Car replicas were finished in Rio Red Tinted Clearcoat (E8) and equipped with a power-operated Saddle soft top as well as the Indy 500 Pace Car Replica Package. Exterior features include a rear wing, Cobra badging, fog lights, fender vents, and dual exhaust outlets. The seller notes a paint imperfection to the front bumper, photos of which are provided in the gallery. Cast-aluminum 17″ five-spoke wheels are mounted with Goodyear Eagle GS-C tires measuring 255/45. Stopping power is provided by four-wheel anti-lock disc brakes with Cobra-branded front calipers. The cabin features articulated front seats upholstered in Saddle leather, with embroidered Indy-500 winged tire logos accenting the backrests. Interior amenities include a power-adjustable driver’s seat, dual front airbags, a cassette stereo, a CD player, and air conditioning. The four-spoke leather-wrapped steering wheel frames a 160-mph speedometer and a tachometer with a 5,800-rpm redline as well as gauges for coolant temperature, voltage, oil pressure, and fuel level. The six-digit odometer shows 118 miles. The 302ci V8 features electronic fuel injection and GT40 cylinder heads for a factory rating of 240 horsepower and 285 lb-ft of torque. The battery was replaced in April 2023. Power is sent to the rear wheels through a T5OD five-speed manual transmission and a Traction-Lok limited-slip differential. The window sticker notes initial delivery to Courtney-Harvey Ford of Canfield, Ohio, and lists factory colors, equipment, and a total price of $26,845. Factory literature and a Special Vehicle Team certificate of authenticity are also included in the sale. The Carfax report is free of accidents or other reported damage and lists at least one open recall.