AutoHunter Spotlight: No-reserve 1994 Ford Mustang SVT Cobra "Pace Car" Convertible with just 10K miles

AutoHunter Spotlight: No-reserve 1994 Ford Mustang SVT Cobra "Pace Car" Convertible with just 10K miles

1 of 1,000 Indy 500 Pace Car replicas up for auction.

In 1994, Ford released its newly designed Mustang SVT Cobra that featured a new front fascia, rounded fog headlamps, a rear spoiler and its very own 240 horsepower 5.0-liter v8 engine.

The new design was a hit and won Motor Trend’s Car of the Year and was picked to be the pace car of the 78th Indy 500 race on May 29, 1994.

To celebrate this honor, Ford produced 1,000 replicas of the Mustang Cobra Pace Car convertible and AutoHunter, the online auction platform driven by ClassicCars.com, has one up for auction at no reserve with only 10,000 miles driven on it.

All Cobra Pace Car Editions were finished in Rio Red and equipped with a tan cloth soft top that is power-retractable and features a glass rear window. They’re also decorated with Indianapolis 500 Pace Car livery, including black decals on the front fenders and doors.

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(photo credit: AutoHunter)

(photo credit: AutoHunter)

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