In 1949, Oldsmobile stunned the market by combining its new Rocket V-8 engine with the relatively small and light 76 chassis. The resultant Eighty-Eight model was exactly what American youth had been yearning for – an affordable car with performance previously reserved for the higher-end. Adding to its sporting image, the new Oldsmobile became the official pace car of the 1949 Indianapolis 500 and won the famed stock car race on the sands of Daytona Beach. All told, Oldsmobile won five Grand National races that year with Red Byron taking home the NASCAR national championship. Of the nearly 290,000 Oldsmobiles produced in 1949, just 5,434 were Eighty-Eight convertibles.
This car was auctioned off by RM Auctions in November of 2010 at the Robson Estate, Gainesville, Georgia.