No, The motor's based on the old Cadillac 4.1/4.9 pushrod TBI motors. Aluminum blocks, iron heads and an absolute pig when it comes to performance in stock form. Reliability is about on par with your average GM boat anchor of it's day.
Now..you wanna see my dream W Body?
The original 1988 Pace Car was driven by Chuck Yeager at the 72nd Indianapolis 500 on May 29, 1988. The car was not a true convertible, as it didn't actually have a top and had no actual side windows. It had been modified at General Motors request by a now defunct company called Cars and Concepts in order to comply with Indy rules that require the Pace Car have no top. The doors were opened using push-down door handles located on the top of the door sill, similar to the 1970's 3rd generation Corvette. There likely was a hard top that could be used in case of foul weather. Goodyear ZR225/50ZR16 rubber adorned special 16"x 6.5" aluminum wheels which were not available on any 1988 production Cutlass Supreme. These wheels later became factory equipment on the 1989-1991 International Series.