Ferrari's $1m 1980s Pace Car Resurfaces

A 1987 Ferrari Mondial pace car built for $1 million resurfaces after decades in storage.

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Nov 1, 2026

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Ferrari's $1m 1980s Pace Car Resurfaces

A 1987 Ferrari Mondial pace car built for $1 million resurfaces after decades in storage.

In brief

A 1987 Ferrari Mondial pace car built for $1 million resurfaces after decades in storage. A 1987 Ferrari Mondial pace car commissioned by PPG for $1 million resurfaces in The Caretakers Collection. Originally reported by The Drive.

PPG's 1980s Pace Car Project

PPG's 1980s Pace Car Project

PPG commissioned wild one-off pace cars for CART Indy Car World Series in the 1980s and 1990s.

Ferrari's $1m 1987 Pace Car

Ferrari PPG Pace Car

Ferrari spent $1 million in 1987 to turn a production Mondial into a pace car for PPG.

Unusual Design Firm

Ferrari Mondial PPG Pace Car taillights

The Institute of Development in Automotive Engineering (I.DE.A.) designed the pace car instead of Pininfarina.

Pace Car Modifications

Ferrari stretched the Mondial's wheelbase and added streamlined front and rear fasciae with corrugated trim.

Resurfaced in Caretakers Collection

The pace car is now part of The Caretakers Collection with other unusual vehicles like a Tucker sedan.

In short

A 1987 Ferrari Mondial pace car commissioned by PPG for $1 million resurfaces in The Caretakers Collection.

Read the original on The Drive

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