• Latest
  • Trending

Eye-watering 2023 Indy 500 payout purse revealed

May 30, 2023

FRECA champion joins M2 Competition for NZ title challenge

November 7, 2025

Whangarei set to decide 2025 NZ Rally titles amid Stokes controversy

November 7, 2025
MEXICO CITY, MEXICO - OCTOBER 26: Liam Lawson of New Zealand driving the (30) Visa Cash App Racing Bulls VCARB 02 on track during the F1 Grand Prix of Mexico at Autodromo Hermanos Rodriguez on October 26, 2025 in Mexico City, Mexico. (Photo by Clive Rose/Getty Images) // Getty Images / Red Bull Content Pool // SI202510260473 // Usage for editorial use only //

Motorsport Diary: Kiwis racing overseas this weekend

November 7, 2025

Fireworks on and off the track as Baypark hosts Bill Buckley Classic this weekend

November 7, 2025
2025 Lamborghini Super Trofeo
Inje, South Korea
18th - 20th July 2025
Photo: Drew Gibson

Double duties for Leitch in fifth Lamborghini World Finals

November 6, 2025

McLean dominates as SS Cup thrills a packed Levels Raceway crowd

November 6, 2025

McLaughlin, Dixon, Bamber and McElrea lead Kiwi charge at Daytona IMSA Test

November 6, 2025

Evans to line up alongside Wood for ’26 Supercars Endurance Season

November 6, 2025

From Australia to Invercargill — D1NZ ignites the season with a weekend of firsts at Teretonga

November 6, 2025

Bruce McLaren’s resting place targeted in ongoing cemetery vandalism

November 5, 2025

Title fight wide open as North Island Formula Ford Series heads to Taupo

November 5, 2025
Friday, November 7, 2025
VelocityNews
Be the first to know and subscribe for real-time updates on Kiwi drivers, events and much more!
Subscribe to New Alerts
  • International
    • Formula 1
    • Formula 2
    • Formula 3
    • Formula E
    • Esports
    • Super GT
    • Super Formula
    • TCR
    • WEC
    • GT
    • Porsche Carrera Cup
    • BTCC
    • DTM
    • IMSA
    • IndyCar
    • Road to Indy
    • NASCAR
    • WRC
    • MotoGP
    • Motorcycle Racing
    • Historic Racing
  • New Zealand
    • Toyota Formula Regional
    • Toyota GR86 Championship
    • Rally
    • Speedway
    • Drifting
    • Formula Ford
    • Formula First
    • TCR NZ
    • TransTasman V8 Series
    • V8 Utes
    • GT New Zealand Championship
    • GTRNZ
    • Central Muscle Cars
    • Pirelli Porsche
    • Mazda Racing Series
    • NZ Endurance Championship
    • NIERDC
    • SIERDC
    • Pro8 South Island Series
    • SsangYong Utes
    • Kartsport
    • NZ Historic Racing
    • NZ General
  • Australia
    • Supercars
    • Super2
    • Australian V8 Touring Car Series
    • Porsche Carrera Cup Australia
    • Porsche Sprint Challenge
    • S5000
    • Australian GT
    • TCR AU
  • Features
    • Features
    • Opinion
    • Profile
    • Race Cars
  • Circuit News
  • Velocity TV
  • Performance Cars
  • Jobs
    • Jobs
    • Post a Job
    • Job Dashboard
No Result
View All Result
VelocityNews
No Result
View All Result

Eye-watering 2023 Indy 500 payout purse revealed

by Matthew Sampson
May 30, 2023
in IndyCar
0

The eye-watering purse for the Indy 500 has been revealed, with a record amount of US$17,021,500 (NZ$28,121,475) split through the competing field.

Race-winner Josef Newgarden takes home an impressive $3.666 million ($6,056,654) of that, with the average payout throughout the field coming to a total of $500,600 ($827,048), up from $485,000 ($801,275) last year.

Second-place getter Marcus Ericsson also receives a nice payday for his efforts, receiving $1.043 million ($1.723 million) for his result.

“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.”

The crowd for Sunday’s Indy 500 was also the second-largest at the event in over two decades, with 330,000 people packing out Indianapolis Motor Speedway.

The top rookie at the event, Benjamin Pedersen, receives a handsome $215,300 ($355,700) for his placing of 21st despite crashing out four laps from the end in the incident which triggered the final of three red flags. Pedersen also receives a $50,000 bonus ($82,605) for being named “Rookie of the Year” for the month of May.

The Indy 500 purse took a significant hit following Covid, reducing to $7,500,000 in 2020, with winner Takuma Sato receiving $1.370 million. In comparison, Scott Dixon received just shy of $3 million for his 2008 victory.

It bounced back in 2022 to over $16,000,000, with the 2023 edition being the most ever awarded to the field.

IndyCar next returns on June 4 on the Streets of Downtown Detroit, with Dixon joined by compatriots Marcus Armstrong and Scott McLaughlin.

Header Image and Quotes: IndyCar

Tags: 107th Running of the Indianapolis 500Indy 500IndyCarMarcus ArmstrongPayoutPurseScott DixonScott McLaughlin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT
ADVERTISEMENT
  • About
  • Advertise
  • Privacy & Policy
  • Contact Us

© 2022 VelocityNews - Independent New Zealand and International Motorsport news.

No Result
View All Result
  • International
    • Formula 1
    • Formula 2
    • Formula 3
    • Formula E
    • Esports
    • Super GT
    • Super Formula
    • TCR
    • WEC
    • GT
    • Porsche Carrera Cup
    • BTCC
    • DTM
    • IMSA
    • IndyCar
    • Road to Indy
    • NASCAR
    • WRC
    • MotoGP
    • Motorcycle Racing
    • Historic Racing
  • New Zealand
    • Toyota Formula Regional
    • Toyota GR86 Championship
    • Rally
    • Speedway
    • Drifting
    • Formula Ford
    • Formula First
    • TCR NZ
    • TransTasman V8 Series
    • V8 Utes
    • GT New Zealand Championship
    • GTRNZ
    • Central Muscle Cars
    • Pirelli Porsche
    • Mazda Racing Series
    • NZ Endurance Championship
    • NIERDC
    • SIERDC
    • Pro8 South Island Series
    • SsangYong Utes
    • Kartsport
    • NZ Historic Racing
    • NZ General
  • Australia
    • Supercars
    • Super2
    • Australian V8 Touring Car Series
    • Porsche Carrera Cup Australia
    • Porsche Sprint Challenge
    • S5000
    • Australian GT
    • TCR AU
  • Features
    • Features
    • Opinion
    • Profile
    • Race Cars
  • Circuit News
  • Velocity TV
  • Performance Cars
  • Jobs
    • Jobs
    • Post a Job
    • Job Dashboard

© 2022 VelocityNews - Independent New Zealand and International Motorsport news.