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As a person who owns and has restored a 1979 Pacecar I found some very interesting things about them. I'm writing a post for some of us who own them, people who are restoring them, and people who want to buy them.
I lived in Indianapolis at the time, worked at a Ford dealer and was a member of theMustang Club of Indianapolis. Our club was involved in the 500 festival parade. Fordsupplied a group of Pace cars to certain people for the month of May that were drivenaround town and in the 500 activities. This sounds like one of those cars, they did havethe special sticker you mention that was just put on that group of cars. From what Iremember they were all low serial numbers and were 302 automatics without A/C. I would say that you have something special and unique.