Pace was a contemporary of the Fittipaldi brothers, Wilson and Emerson, and began racing in Brazil in the late 1960s. He travelled to Europe in 1970 and competed in British Formula 3, winning the Forward Trust championship in a Lotus car. In he moved up to Formula Two with Frank Williams, but did not score any points from six races. Nevertheless, he moved up to Formula One in , competing with a Williams-entered March. He scored points on two occasions and finished eighteenth in the Drivers' Championship. His best result came at the non-championship Victory Race, in which he finished in second position. He also competed in some further F2 and Can-Am races.