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Indy 500 Corvette Pace Car Collection Looks for New Owner at Mecum Auction

Corvette pace car collection 22 photos
Photo: Mecum
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It is thought to be the single complete set of Corvette Pace Car Edition cars in private hands. It counts in all 16 vehicles, ranging from the Official Pace car of the Indianapolis 500 to IMS-authorized duplicate pace cars. All are owned by Keith Busse, chairman of United States’ 4th largest producer of carbon steel products. And all will be on sale later this month.
During the Collector Car Auction starting May 15, Mecum will try to sell all the 16 cars to the highest bidder. Expectations are the collection would fetch around $2 million, or some $125,000 per car.

As said, the collection is the single one that brings together Corvette Pace Car Edition models from every year ever offered by Chevrolet in the hands of a private owner.

The collection includes four models of the Pace Car Editions that were never sold to the public, the ones produced in 2013, 2014, 2015 and 2017 model years. Busse had to get approval from both the IMS and Chevrolet to be able to duplicate the cars using the officially licensed paint schemes and pace car graphics.

The auctioneers say they would try to sell all the cars together. Should an acceptable offer of purchase not be submitted, Mecum will proceed to offer each of the cars separately, without reserve.

For some reason, Mecum believes those bidding for the cars would need an extra incentive, so they also offer with each car two tickets to the 102nd running of the Indianapolis 500 Race on May 27, 2018.

This is also a good sign they believe the collection will be sold separately. Either that, or a lucky bidder will get 16 Vettes and 32 tickets to Indy 500.

Whatever the sum paid for the Corvette cars, the money would go to the Keith Busse Automotive and Classic Art Foundation, to support higher education institutions and charitable organizations in Northeast Indiana.
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About the author: Daniel Patrascu
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Daniel loves writing (or so he claims), and he uses this skill to offer readers a "behind the scenes" look at the automotive industry. He also enjoys talking about space exploration and robots, because in his view the only way forward for humanity is away from this planet, in metal bodies.
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