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The 1986 Corvette saw the reintroduction of the convertible and was named as the Pace Car for the Indianapolis 500. 1986 also saw the introduction of the Pass Key I passive anti-theft system, wherein each key contained a special pellet that could be detected and identified by the car's computer system by detecting electrical resistance. Being early in the rollout of this new technology, there were only 15 different resistance values available, which, once thieves discovered this weakness, markedly reduced the value of this early system.
Source: Wikipedia (original)