Why The 1979 Ford Mustang Indy 500 Pace Car Was Such A Big Deal

Key Points:

• On May 27, 1979, Ford showcased the new third-generation Fox Body Mustang as three official pace cars at the Indianapolis 500, marking a key moment to introduce the updated model to the public.
• The Fox Body Mustang featured a lighter, more aerodynamic design with a MacPherson strut front suspension, shedding 200 pounds compared to the Mustang II despite being larger and more spacious.
• The 1979 pace cars were equipped with specially built 302-cubic-inch V8 engines tuned by Jack Roush, increasing output to 270 horsepower and 260 pound-feet of torque, enhancing performance beyond the stock model.
• The Fox Body Mustang's debut helped Ford sell 369,936 units in its first year, revitalizing the Mustang brand after declining market share in the early 1970s.
• Replica 1979 Mustang Indy 500 pace cars are rare, with fewer than 10,500 produced, and currently average around $37,180 in sales price, symbolizing an important era in Mustang history and motorsport heritage.