As part of an intense marketing campaign to introduce the new Mustang in 1964, Ford executive Lee Iacocca won the right to pace the "Greatest Spectacle in Racing".  A total of 36 early production Mustangs were created by Ford for the Indianapolis 500 car race held annually on Memorial Day.  This older, out-of-production scaled model of the '64 Mustang Indy Pace Car includes the following features: 1) Authentic Indy 500 Pace Car decals; 2) Clear plastic glass areas; 3) Detailed V-8 racing engine; 4) Detailed interior with additional steering column instrument cluster; 6) Hood can be displayed in the closed or open position; 7) Molded in white colored plastic with plated parts; 8) Optional top up or down; 9) Vinyl whitewall tires and 10) Illustrated assembly instructions.  The box is in excellent condition.  Never started and factory sealed.