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I think it's a throw back to the days when Chevy raced in the series. The year I went to Indy in 04 they had a huge Corvette display at the race. I think Chevy has a lock on Indy event.
Since it's an "American" event they want an "American" car to pace it I guess. Maybe there is a deeper reason and I just don't have a clue If so would love to know it.
I always cringe when I see anything out there since the S would be a perfect pace car