Rev Up Your Engines!
Classic Town Checkered Flag 500

Relive the thrill of 1992 with this iconic racing set! Featuring 193 pieces and 6 minifigures, it's a nostalgic trip for LEGO fans and collectors.

🏛 Classic Town
Set #6551

Checkered Flag 500

The Checkered Flag 500 is a charming snapshot of early LEGO Town racing.

🏆 Best For: Perfect for LEGO fans of all ages who enjoy classic Town themes and simple, fun builds. ⏱ 1.5 hr build 🧩 193 pcs
★★★★☆ 4.1

Fans appreciate the nostalgic charm and the inclusion of multiple minifigures, though some find the build relatively simple compared to modern sets. The set is generally considered a good representation of early LEGO Town racing themes.

MSRP
$26.50
Best Price
$180.00
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📝 Our Take

The Checkered Flag 500 is a charming snapshot of early LEGO Town racing. Released in 1992, this set captures the excitement of a race day with a colorful pit crew, race cars, and a winner's podium, all rendered in classic LEGO style.

This set is perfect for LEGO enthusiasts seeking a nostalgic trip back to the 90s. The build is straightforward, making it a quick and enjoyable project, and the set's vintage aesthetic is sure to appeal to collectors of classic LEGO themes.

Skip this if you're looking for complex building techniques or hyper-realistic modern designs. Consider sets like the Speed Champions series for more detailed and challenging racing models.

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🧱 Building Experience

🧩
193
Pieces
1.5h
Build Time
📊
Beginner
Difficulty
Build Highlights:
  • Simple and straightforward building techniques
  • Focus on playability and creating a scene
  • Incorporates classic LEGO design elements
  • Features a pit stop area, race cars, and a winner's podium

📈 Investment Analysis

↑ Trending up since release
B
Investment Grade
⏳ Appreciating
The Checkered Flag 500 presents a moderate investment opportunity. As a retired set from the classic Town theme, it benefits from nostalgia and a growing interest in vintage LEGO. The presence of six minifigures adds to its collectible appeal. However, its relatively low piece count and the availability of other Town sets may limit its potential for exponential growth. Price trends indicate a steady increase, but careful monitoring is advised to capitalize on market fluctuations.

Not Financial Advice: Content is for educational purposes only. Past performance doesn't guarantee future results. Full disclaimer

Compare Similar Sets

Compared to modern racing sets, the Checkered Flag 500 offers a simpler, more nostalgic building experience. While sets like the Speed Champions series provide more detailed and realistic models, this set captures the charm of classic LEGO Town. Its value lies in its vintage appeal and the opportunity to own a piece of LEGO history.

📦 Full Parts Inventory - 55 unique parts • 167 total pieces

Flag 2 x 2 Square [Thin Clips] with Chequered Print Flag 2 x 2 Square...
Part #: 2335pr0019 White
Baseplate 32 x 32 with 7-Stud Straight with Runway / Road Crosswalk Print Baseplate 32 x 32...
Part #: 2358pr0002 Green
Tile Special 1 x 2 Grille with Bottom Groove Tile Special 1 x ...
Part #: 2412b White
Tile Special 1 x 2 Grille with Bottom Groove Tile Special 1 x ...
Part #: 2412b Black
Hinge Panel 6 x 3 with Yellow '4', Red/Yellow Stripes Patt. Hinge Panel 6 x 3...
Part #: 2440pr0001 Black
Hinge Panel 6 x 3 with '2', Red & Blue Stripes with Stars Print Hinge Panel 6 x 3...
Part #: 2440pr0005 White
Brick 1 x 1 x 5 with Blocked Open or Hollow Stud Brick 1 x 1 x 5 w...
Part #: 2453a White
Wheel Holder, Sprung 2 x 2 Wheel Holder, Spr...
Part #: 2484c01 Red
Plate Special 1 x 2 Side Handle [Free Ends] Plate Special 1 x...
Part #: 2540 Black
Plate Special 1 x 2 Side Handle [Free Ends] Plate Special 1 x...
Part #: 2540 Red
Antenna 8H Whip Antenna 8H Whip
Part #: 2569 Red
Lever Small Base with Black Lever Lever Small Base ...
Part #: 298c02 Light Gray
Brick 1 x 2 Brick 1 x 2
Part #: 3004 Black
Brick 1 x 2 Brick 1 x 2
Part #: 3004 Blue
Brick 1 x 1 Brick 1 x 1
Part #: 3005 White
Plate 2 x 4 Plate 2 x 4
Part #: 3020 Blue
Plate 2 x 4 Plate 2 x 4
Part #: 3020 Black
Plate 2 x 3 Plate 2 x 3
Part #: 3021 Red
Plate 2 x 2 Plate 2 x 2
Part #: 3022 Black
Plate 2 x 2 Plate 2 x 2
Part #: 3022 Red
Plate 1 x 2 Plate 1 x 2
Part #: 3023 Black
Plate 1 x 2 Plate 1 x 2
Part #: 3023 Blue
Plate 6 x 10 Plate 6 x 10
Part #: 3033 Red
Slope 45° 2 x 1 with Bottom Pin Slope 45° 2 x 1 w...
Part #: 3040b Black
Slope 45° 2 x 1 with Bottom Pin Slope 45° 2 x 1 w...
Part #: 3040b White
Brick Round 1 x 1 Open Stud Brick Round 1 x 1...
Part #: 3062b Red
Brick Round 1 x 1 Open Stud Brick Round 1 x 1...
Part #: 3062b White
Fence Lattice 1 x 4 x 2 Fence Lattice 1 x...
Part #: 3185 White
Brick Arch 1 x 6 Brick Arch 1 x 6
Part #: 3455 White
Slope Inverted 45° 2 x 1 Slope Inverted 45...
Part #: 3665 Black
Slope Inverted 45° 2 x 1 Slope Inverted 45...
Part #: 3665 Blue
Plate 1 x 4 Plate 1 x 4
Part #: 3710 White
Plate 1 x 4 Plate 1 x 4
Part #: 3710 Blue
Plate 1 x 4 Plate 1 x 4
Part #: 3710 Black
Plate Special 1 x 2 with 1 Stud without Groove (Jumper) Plate Special 1 x...
Part #: 3794a Blue
Plate Special 1 x 2 with 1 Stud without Groove (Jumper) Plate Special 1 x...
Part #: 3794a Black
Steering Stand 1 x 2 with Black Steering Wheel Steering Stand 1 ...
Part #: 3829c01 Red
Hinge Brick 1 x 2 Base Hinge Brick 1 x 2...
Part #: 3937 White
Hinge Brick 1 x 2 Base Hinge Brick 1 x 2...
Part #: 3937 Black
Hinge Brick 1 x 2 Top Plate Thin Hinge Brick 1 x 2...
Part #: 3938 Black
Hinge Brick 1 x 2 Top Plate Thin Hinge Brick 1 x 2...
Part #: 3938 White
Brick Round 2 x 2 with Axle Hole Brick Round 2 x 2...
Part #: 3941 White
Antenna 1 x 4 with Rounded Top Antenna 1 x 4 wit...
Part #: 3957a Light Gray
Equipment Radio [Extended Handle, Compact Speaker Grille] Equipment Radio [...
Part #: 3962b Black
Tool Screwdriver and Spanner / Wrench Tool Screwdriver ...
Part #: 4006 Black
Plate Round 2 x 2 with Axle Hole Type 1 (+ Opening) Plate Round 2 x 2...
Part #: 4032a Red
Plate Round 2 x 2 with Axle Hole Type 1 (+ Opening) Plate Round 2 x 2...
Part #: 4032a Green
Plate Round 2 x 2 with Axle Hole Type 1 (+ Opening) Plate Round 2 x 2...
Part #: 4032a White
Brick Special 1 x 1 with Headlight Brick Special 1 x...
Part #: 4070 White
Plate Special 1 x 1 with Clip Light, Bar Hole [Thick Ring] Plate Special 1 x...
Part #: 4081b Black
Plate Special 1 x 1 with Clip Light, Bar Hole [Thick Ring] Plate Special 1 x...
Part #: 4081b White
Bar 1 x 4 x 2 with Studs Bar 1 x 4 x 2 wit...
Part #: 4083 Yellow
Plate Special 1 x 1 with Clip Vertical [Thick U Clip] Plate Special 1 x...
Part #: 4085c White
Bar 6.6L with Stop Ring [Umbrella Stand] Bar 6.6L with Sto...
Part #: 4095 Red
Hinge Plate 1 x 2 with 3 Fingers [Hollow Studs] Hinge Plate 1 x 2...
Part #: 4275b Black
Hinge Plate 1 x 2 with 3 Fingers [Hollow Studs] Hinge Plate 1 x 2...
Part #: 4275b White
Hinge Plate 1 x 2 with 2 Fingers and Hollow Studs Hinge Plate 1 x 2...
Part #: 4276b White
Hinge Plate 1 x 2 with 2 Fingers and Hollow Studs Hinge Plate 1 x 2...
Part #: 4276b Black
Flag 4 x 1 Wavy [First Wave Left] Flag 4 x 1 Wavy [...
Part #: 4495a Yellow
Flag 4 x 1 Wavy [First Wave Left] Flag 4 x 1 Wavy [...
Part #: 4495a Blue
Tool Hammer / Mallet Large Tool Hammer / Mal...
Part #: 4522 Black
Cone 1 x 1 [No Top Groove] Cone 1 x 1 [No To...
Part #: 4589 Black
Cone 1 x 1 [No Top Groove] Cone 1 x 1 [No To...
Part #: 4589 Light Gray
Tap 1 x 1 with Hole in Spout Tap 1 x 1 with Ho...
Part #: 4599a Red
Tool Jack [Complete Assembly] Tool Jack [Comple...
Part #: 4629c01 Blue
Bracket 8 x 2 x 1 1/3 Bracket 8 x 2 x 1...
Part #: 4732 Red
Bracket 8 x 2 x 1 1/3 Bracket 8 x 2 x 1...
Part #: 4732 Black
Slope Inverted 45° 4 x 2 Double with 2 x 2 Recessed Slope Inverted 45...
Part #: 4871 Black
Slope Inverted 45° 4 x 2 Double with 2 x 2 Recessed Slope Inverted 45...
Part #: 4871 Blue
Wheel 11 x 12 with Hole Round for Wheels Holder Pin Wheel 11 x 12 wit...
Part #: 6014a Yellow
Wheel 11 x 12 with Hole Round for Wheels Holder Pin Wheel 11 x 12 wit...
Part #: 6014a Light Gray
Tyre 21 x 12 with Offset Tread Small Wide Tyre 21 x 12 with...
Part #: 6015 Black
Plate Special 1 x 1 with Clip Horizontal [Thick U Clip] Plate Special 1 x...
Part #: 6019 White
Plate Special 1 x 1 with Clip Horizontal [Thick U Clip] Plate Special 1 x...
Part #: 6019 Black
Plant, Bush 2 x 2 x 4 Plant, Bush 2 x 2...
Part #: 6064 Green
Wedge Sloped 4 x 4 Triple, No Stud Notches Wedge Sloped 4 x ...
Part #: 6069 White
Wedge Sloped 4 x 4 Triple, No Stud Notches Wedge Sloped 4 x ...
Part #: 6069 Black
Windscreen 5 x 2 x 1 2/3 Windscreen 5 x 2 ...
Part #: 6070 Trans-Light Blue
Fence 1 x 8 x 2 2/3 Fence 1 x 8 x 2 2/3
Part #: 6079 White
Plate Round 1 x 1 with Solid Stud Plate Round 1 x 1...
Part #: 6141 Trans-Red
Plate Round 1 x 1 with Solid Stud Plate Round 1 x 1...
Part #: 6141 10× Trans-Yellow
Plate Round 1 x 1 with Solid Stud Plate Round 1 x 1...
Part #: 6141 Yellow
Plate Round 1 x 1 with Solid Stud Plate Round 1 x 1...
Part #: 6141 Red
Plate Round 1 x 1 with Solid Stud Plate Round 1 x 1...
Part #: 6141 Trans-Green
🧱 Sticker Sheet for...
Part #: 165395 [No Color/Any Color]
The parts inventory features a good mix of basic bricks, plates, and specialized elements for creating a classic LEGO Town scene. The inclusion of round plates and headlight bricks provides opportunities for detailing and customization.

🛒 Where to Buy

💎 Notable Parts

Trans-Yellow Plate Round 1 x 1 with Solid Stud (10x) $1.00
White Brick Special 1 x 1 with Headlight (4x) $0.60
Black Tyre 21 x 12 with Offset Tread Small Wide (8x) $1.60
Est. BrickLink Part Value
$3.20

💡 MOC Potential

🚗 Expand the racing scene with additional pit stop garages
🏙 Integrate the set into a larger LEGO Town layout
🚗 Design alternate race car models

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Charts Inventory Statistics

55
Unique Parts
167
Total Pieces
6
Minifigures
Inventory Version: 1