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Corvette to Pace 88th Indy 500



CHEVROLET TRADITION CONTINUES AT INDIANAPOLIS 500

2004 Corvette Convertible Announced as Official Pace Car

DETROIT, March 12, 2004 - The 88th running of the Indianapolis 500 on May
30, 2004, will bring together two powerful symbols that stir the
imaginations of enthusiasts around the world . . . Chevrolet and the
Indianapolis Motor Speedway . . . as a 2004 Corvette Convertible will serve
as the Official Pace Car of this year's Indianapolis 500.

Corvette will perform Indy 500 pace car duties for a record sixth time.
This also marks the third consecutive year and 15th time overall that a
Chevrolet product has served as the official pace vehicle - the most
appearances by any brand.

"We're proud that this year's Memorial Day classic will showcase
America's favorite sports car at the greatest spectacle in racing," said
Brent Dewar, Chevrolet general manager. "As the 2004 model year is the last
of Corvette's current design, pacing the Indy 500 acknowledges the
significance the vehicle has played in American culture."

The Indianapolis Motor Speedway has been the site of many memorable
events since the facility opened in 1909. Similarly, Chevrolet has a rich
heritage in racing that extends back to company co-founder and namesake
Louis Chevrolet, a gifted engineer and talented race car driver who
competed in the Indy 500 four times. More recently, Chevy Indy V-8 engines
have won 103 open-wheel races, including seven Indianapolis 500 victories.

"The Indianapolis 500 and Chevrolet have had a long relationship," said
Tony George, president and CEO of the Indianapolis Motor Speedway. "It's an
honor to have Corvette lead the field and also to have the Chevy Indy V-8
competing for the win on May 30."

The 2004 Corvette that will serve as the Indy 500 Pace Car is
virtually identical to the Convertibles available today through local
Chevrolet dealerships.

Like race cars, the duties of a pace car can be long and strenuous. During
the last two races, for example, the Chevy pace vehicles cars led the field
for a combined 84 laps (210 miles) of the total 400 race laps (1,000 miles)
run, at an average lap speed of 75 mph. Even during green flag race
conditions, the pace cars patiently run at idle, ready for action at a
moment's notice. Very few modifications were made to the Corvette to
prepare it for this year's role:  heavy-duty transmission and power
steering coolers, a lower restriction muffler system, four-point
racing-type safety belts and a safety strobe light system.

A white and blue two-tone paint treatment incorporates
Americana-themed graphics, tying into Chevrolet's new "An American
Revolution" marketing theme. The theme captures Chevrolet's pride and
passion for innovation, and for success not only in motorsports, but also
as it launches 10 new car and truck products in 20 months.

General Motors Corp. , the world's largest vehicle
manufacturer, employs about 325,000 people globally. Founded in 1908, GM
has been the global automotive sales leader since 1931. GM today has
manufacturing operations in 32 countries and its vehicles are sold in 192
countries.  In 2003, GM sold nearly 8.6 million cars and trucks, about 15
percent of the global vehicle market.  GM's global headquarters are at the
GM Renaissance Center in Detroit. More information on GM and its products
can be found on the company's corporate website at www.gm.com.

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Editor's Note:  For more information, including images, please
visit http://media.gm.com

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Chevrolet has paced 14 previous Indianapolis 500 races, more than any
other brand:
    2003  -  Chevy SSR
    2002  -  Corvette 50th Anniversary
    1999  -  Monte Carlo
    1998  -  Corvette
    1995  -  Corvette
    1993  -  Camaro Z28
    1994  -  Beretta
    1986  -  Corvette
    1982  -  Camaro Z28
    1978  -  Corvette
    1969  -  Camaro
    1967  -  Camaro
    1955  -  Bel Air
    1948  -  Fleetmaster