Indy 500 purse reaches new peak at $17 million

The Indianapolis 500 purse record was broken for the second year in a row for Sunday’s 107th Running, with race winner Josef Newgarden of Team Penske earning $3.666 million from a total purse of $17,021,500.

After record-breaking payouts in 2022, this is the largest purse and largest winner’s payout in the century-plus history of “The Greatest Spectacle in Racing.” The year’s average payout for NTT IndyCar Series drivers was $500,600, which also exceeds last year’s average of $485,000.

In 2022, the Indianapolis 500 purse was $16,000,200 and the year’s winner payout was $3.1 million. Prior to 2022, the largest Indianapolis 500 purse was $14.4 million for the 2008 Indianapolis 500.

Second-place finisher Marcus Ericsson of Chip Ganassi Racing took home $1.043m, exceeding the take-home prize for last year’s second-place finisher.

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