Record-breaking $16m purse for Indy 500, Ericsson scoops $3.1m

Ericsson’s Huski Chocolate-backed Chip Ganassi Racing-Honda came home first, pursued 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 scored the largest winner’s payout ever for the world’s largest single-day sporting event, from the largest largest purse ever in the 106-year history of “The Greatest Spectacle in Racing.” Prior to 2022, the biggest Indy 500 purse was $14.4 million for the 2008 Indy 500.

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

“The Indianapolis 500 is the greatest race in the world, and these drivers lay it all on the line for a chance 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-setting purse is reflective of their tireless pursuit of history and the world-class talent they display on every lap.”

It marks another major milestone this Month of May as the Indianapolis Motor Speedway opened its gates to race fans with no restrictions for the first time in three years. More than 325,000 race fans attended Sunday’s race, making it the largest-attended single-day sporting event in the world since the beginning of the COVID-19 pandemic in March 2020.

Second-place finisher Pato O’Ward, of Arrow McLaren SP, took home $1m, marking the largest take-home prize for the second-place finisher in nearly a decade.

Despite crashing out in the closing laps, seven-time NASCAR Cup Series champion Jimmie Johnson earned Indianapolis 500 Rookie of the Year honors, which doesn’t necessarily go to the highest-placed rookie but instead is voted on by leading figures in racing and media members. The $50,000 bonus Johnson earns as Indy RotY means he won a total of $207,900 despite being classified only 28th.

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

Purse awards are presented annually at the Victory Celebration, held this year at the JW Marriott in downtown Indianapolis on Monday night.

P

Name

Laps run

Team

Payout

1

Marcus 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

8

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

Josef Newgarden

200

Team Penske

$530,000

14

Graham Rahal

200

Rahal Letterman Lanigan Racing

$483,000

15

Will Power

200

Team Penske

$474,000

16

David Malukas

200

Dale Coyne Racing with HMD

$463,000

17

Kyle Kirkwood

200

AJ Foyt Enterprises

$463,000

18

Christian Lundgaard

200

Rahal Letterman Lanigan

$463,000

19

Ed Carpenter

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 w/ 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 w/RWR

$462,000

26

Stefan Wilson

198

DragonSpeed/Cusick Motorsports

$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 Penske

$462,000

30

Colton Herta

129

Andretti Autosport

$469,500

31

Romain Grosjean

105

Andretti Autosport

$478,500

32

Callum Ilott

68

Juncos Hollinger Racing

$463,000

33

Rinus VeeKay

38

Ed Carpenter Racing

$487,800