Indy 500 purse reaches new record, Newgarden receives highest payout in history

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Indy 500 purse reaches new record, Newgarden receives highest payout in history
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The Indianapolis 500 purse reached a new record: race winner Josef Newgarden earned $3.666 million and runner up, Marcus Ericsson took home $1.043 million.

INDIANAPOLIS — The Indianapolis 500 purse reached a new record for the for the second year in a row with race winner Josef Newgarden receiving the highest payout in 500 history, according to Indycar.The 2023 average payout for NTT IndyCar Series drivers was $500,600 compared to last year's $485,000.

According to Indycar, in 2022, the Indianapolis 500 purse was $16,000,200 and the winner payout was $3.1 million. “This is the greatest race in the world, and it was an especially monumental Month of May featuring packed grandstands and intense on-track action,” Penske Entertainment President and CEO Mark Miles said. “Now, we have the best end card possible for the 107th Running of the Indianapolis 500: a record-breaking purse for the history books.”

Indy 500 runner up, Marcus Ericsson took home $1.043 million, which was more than last year's runner up.Breaking another record, Indianapolis Motor Speedway welcomed more than 330,000 fans for Sunday’s race, making it the second-largest Indianapolis 500 crowd in more than two decades.

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