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First-Ever Fox Body Ford Mustang Pace Car Is For Sale (Updated)

The Fox Body Ford Mustang may not be everyone’s cup of tea, but it’s certainly noteworthy to stumble across a low-mileage example up for sale since it’s been out of production for almost three decades. Recently, a 1989 Mustang LX with just 1,700 miles on the odometer popped up for auction and raked in $56,000. Now, the very first Fox Body Mustang Pace car is up for grabs on Facebook Marketplace, of all places.

The seller claims that this vehicle has 33,000 miles on the odometer, but that it has otherwise lived a cushy life stored in a garage, away from the elements. This 1979 Fox Body Ford Mustang was the official pace car for the 83rd running of the Indianapolis 500, but that’s not all that makes it noteworthy. It also wears serial number 480001, as it was the first Pace car to roll off the assembly line at the San Jose plant.

This pony car was also used by The Blue Oval in marketing and promotional materials, and even starred in an ad before being shipped to dealers across the U.S. It ended up at a dealer in Oregon, where it was purchased by its only owner, the seller’s parent, who worked at the dealership at the time.

Under the hood, this Fox Body Ford Mustang pace car sources power from the automaker’s 5.0L V8 gasoline engine, connected to a manual transmission that communicates power to the pavement via the rear two wheels. Its exterior is finished in silver with black accents, along with race-inspired orange and red decals declaring its status as “pace car,” along with a herd of running ponies. The seller notes that it does not have any significant problems or damage, although the front seats are showing their age. The seller is asking $35,000 for this piece of Mustang history.

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H/T: Road and Track

This article has been updated to reflect that fact that this is the First-ever Fox Body Mustang Pace car.

Alexandra is a Colorado-based journalist with a passion for all things involving horsepower, be it automotive or equestrian.

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Comments

  1. Ford Owner

    The Fox Mustang was very strong. I had a 1980 Mustang that was hit on my side by a GM bus, and it just slid side ways, and dented the door, but I could open and close the door with no problem. This was also the first Mustang body with five engine options: I4, turbo I4, I6, V6, and V8.

    Reply
    1. Billy

      I had a 81 capri with the inline 6 one barrel carb. Pretty car but slow as sh!t.

      Reply
  2. Richard

    1 had a 1990 and a 1993 LX notchback. Both were black 5.0L 5 speeds. Only options were A/C and a stereo.
    I loved those cars. Wish l still had one e of them today. They were great fun and fun to drive.

    Reply
  3. Michael J Genzale

    Funny antidote. As a Ford salesman when Ford announced that the next year Mustang was going to have a 5.0. Of coarse this was the Coyote. DOHC 4V. But people were saying the Ford was ‘bringing back the 5.0’. I’d have to laugh, explaining that the only relationship is the displacement, nothing else!

    Reply
  4. mstang

    This may be the first Pace Car, but not the first Fox Body Mustang. Pace Cars were a mid year model addition.
    48XXXX was the serial number sequence for the Pace Cars and Marti Auto Works can determine if serial number 480000 was ever assigned.
    Mustang Fox Body number 1 is a Red Coupe with the Turbo currently in the NPD Collection.

    Reply
    1. Edward Snitkoff

      Thank you for making us aware of this. The article has been corrected.

      Reply

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