Record-breaking $16 million prize money for Indy 500, Ericsson pocketed $3.1 million

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Record-breaking $16 million prize money for Indy 500, Ericsson pocketed $3.1 million

Ericsson’s Huski Chocolate-backed Chip Ganassi Racing-Honda finished first, followed by Pato O’Ward’s Arrow McLaren SP-Chevrolet, Tony Kanaan (also Ganassi) and Felix Rosenqvist in the second AMSP entry.

For his efforts, Ericsson received the largest ever winner’s payout for the world’s greatest one-day sporting event, from the largest ever cash prize in the 106-year history of The Greatest Spectacle in Racing. Prior to 2022, the largest Indy 500 purse was $14.4 million for the 2008 Indy 500.

This year’s average driver payout was $485,000.

“The Indianapolis 500 is the greatest race on earth, and these drivers will do anything to drink the winner’s milk and kiss the famous Yard of Bricks,” said Roger Penske, owner of Indianapolis Motor Speedway and IndyCar. “This year’s record-breaking purse reflects their relentless pursuit of history and the world-class talent they display at every turn.”

It’s another important milestone this month of May as the Indianapolis Motor Speedway opened its doors to racing fans without restrictions for the first time in three years. More than 325,000 race fans attended Sunday’s race, making it the world’s busiest single-day sporting event since the COVID-19 pandemic began in March 2020.

Arrow McLaren SP runner-up Pato O’Ward took home $1 million, marking the biggest takeaway prize for runner-up in nearly a decade.

Despite a crash on the final laps, seven-time NASCAR Cup Series champion Jimmie Johnson was named Indianapolis 500 Rookie of the Year, which doesn’t necessarily go to the top-placed rookie, but is voted for by leading racing figures and media members. The $50,000 bonus Johnson earns as an Indy RotY means he has won a total of $207,900 despite only being ranked 28thth.

The Indianapolis 500 purse consists of Indianapolis Motor Speedway and NTT IndyCar Series awards, as well as other designated and special awards.

Purse Awards are presented annually at the Victory Celebration, this year taking place Monday night at the JW Marriott in downtown Indianapolis.

P

Surname

run laps

team

payout

1

Markus Ericsson

200

Chip Ganassi Racing

$3,100,000

2

Pato O’Ward

200

Arrow McLaren SP

$1,000,000

3

Tony Kanaan

200

Chip Ganassi Racing

$400,000

4

Felix Rosenqvist

200

Arrow McLaren SP

$570,500

5

Alexander Rossi

200

Andretti Autosport

$548,000

6

Conor Daly

200

Ed Carpenter Racing

$527,100

7

Helio Castroneves

200

Meyer Shank Racing

$205,300

8th

Simon Pagenaud

200

Meyer Shank Racing

$507,000

9

Alex Palou

200

Chip Ganassi Racing

$569,600

10

Santino Ferrucci

200

Dreyer & Reinbold

$134,500

11

Juan Pablo Montoya

200

Arrow McLaren SP

$127,000

12

JR Hildebrand

200

AJ Foyt Enterprises

$175,300

13

Joseph Neugarten

200

Team Penke

$530,000

14

Graham Rahal

200

Rahal Letterman Lanigan Racing

$483,000

fifteen

willpower

200

Team Penke

$474,000

16

David Malukas

200

Dale Coyne Racing with HMD

$463,000

17

Kyle Kirkwood

200

AJ Foyt Enterprises

$463,000

18

Christian Lundgard

200

Rahal Letterman Lanigan

$463,000

19

Ed Zimmerman

200

Ed Carpenter Racing

$117,000

20

Devlin DeFrancesco

200

Andretti Steinbrenner Autosport

$463,000

21

Scott Dixon

200

Chip Ganassi Racing

$707,000

22

Marco Andretti

200

Andretti Herta Autosport with Marco & Curb

$114,400

23

Sage Karam

199

Dreyer & Reinbold

$104,500

24

Jack Harvey

199

Rahal Letterman Lanigan Racing

$158,800

25

Takuma Sato

199

Dale Coyne Racing with RWR

$462,000

26

Stephen Wilson

198

DragonSpeed/Cusick Motorsport

$102,000

27

Dalton Kellett

198

AJ Foyt Enterprises

$462,000

28

Jimmie Johnson

193

Chip Ganassi Racing

$207,900

29

Scott McLaughlin

150

Team Penke

$462,000

30

Colton Herta

129

Andretti Autosport

$469,500

31

Romain Grosjean

105

Andretti Autosport

$478,500

32

Callum Ilotte

68

Junco’s Hollinger Racing

$463,000

33

Rinus VeeKay

38

Ed Carpenter Racing

$487,800

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