How Much Money Does Indy 500 Winner Get

The Indy 500 is the most prestigious upshot on the racing calendar each year — but that doesn't equal a prestigious paycheck. Here'due south everything you need to know about how much money Indy 500 winners earn:

How much coin did final yr's Indy 500 winner earn?

Last twelvemonth's Indy 500 winner, Helio Castroneves, won $1,828,305. This was upward 33% from the 2020 chiliad prize, which was the lowest since 2003, and twenty% of the total purse ($8,854,565). The full 2020 purse was supposed to be upwards of $xv million, merely was cut in one-half due to fans not being in attendance. Merely Castroneves' winnings were the lowest grand prize since Dario Franchitti'southward 2007 win. Simon Pagenaud took home $2,669,529 as the winner in 2019.

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What is the biggest grand prize in Indy 500 history?

Helio Castroneves took home the biggest prize, more than than $3 1000000, with his 2009 win. Scott Dixon took abode well-nigh every bit much (but shy of $three million) in 2008.

What determines the Indy 500 purse?

Sponsors and television networks contribute to the purse. Sanctioning trunk fees as well contribute to the purse. The total purse has trended downward in recent years. The 2020 purse was the lowest since 1991. The 2021 purse was the lowest since 1998.

How is the purse divided amidst drivers?

Where a commuter finishes isn't the only factor in determining how much coin they accept home. The winner of the pole position takes abode a large amount, and drivers earn coin for each number of laps they lead.

Does every driver earn money?

Since 1924, every commuter in the field has taken home a cheque. But that doesn't mean every driver is coming out on pinnacle — far from it. The expenses to field an entry — around $i million for an established squad, and $2 million for a team starting from scratch— almost always surpasses the amount of coin a driver wins. Conor Daly told the IndyStar in 2018 that information technology would take a peak-five terminate for him to come up out with a net gain.

"That's something yous get-go to think about," he said.

The fifth-identify finisher of last twelvemonth's Indy 500, Ed Carpenter, took home only $286,305. Stefan Wilson, who finished concluding, took dwelling $100,305.