Indy 500 to feature ethanol-powered pace car in 2008 race

An ethanol-powered Chevrolet Corvette will serve as the pace car for the 2008 Indianapolis 500.

The pace car will be driven by two-time Formula One champion, Emerson “Emmo” Fittipaldi, who is a part-owner of an ethanol plant in his native Brazil.

The Indy Racing League uses E100 in its race cars.

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