As with the 2007 model year, GM once again offered a special edition Indy Pace Car model, though for the first time, the car – available as both a coupe and convertible – could be ordered in one of two special paint schemes. The first design was based on the actual 2008 Indy 500 pace car.
This special Z06 Corvette was unique in that it paced the Indianapolis 500 while running on E85 (ethanol) fuel. The second pace car design featured a special silver/black paint scheme in commemoration of the famous 1978 Corvette Pace Car model. Both pace car variations included special Titanium seats and Z06 spoilers. All of the pace cars were specially numbered and signed by Emerson Fittipaldi.