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Indy 500 prize money: How much does the Indy 500 winner get?

THE INDY 500 is a lucrative race for the 33 drivers aiming to finish victorious after 200 laps. Want to know how much they win? Read on for all the details.

The Indy 500 is the most high-profile race of the IndyCar Series, contested fiercely by 33 drivers all intent on finishing first.

As arguably the outstanding event of the motorsport year in the US, it gives the sport’s stars the chance to claim a place in history and top up their considerable earnings.

French driver Simon Pagenaud, who is among the favourites and races for Team Penske, has boldly claimed that he is more determined to win than his rivals across the gruelling circuit.

Pagenaud achieved his best ever Indy 500 result by finish sixth last year, but will start this season’s edition in pole position.

A bullish Pagenaud said: “I know I want it the most.”

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Discussing the rest of the drivers, he added: “I don’t care what they want. I really don’t care how much they want it.

“I just know what I’m doing and what I’m trying to do. That’s all I can look at.

“I’ve just got to be the best I can be.”

Indy 500 prize money: how much do IndyCar Series drivers earn?

Calculating exactly how much drivers involved in the prestigious race earn is complicated because it depends on several variables.

Indy 500 prize money: how much do drivers get? (Image: Getty)

Express Sport has taken a look at the last ten races to estimate that the winner will receive more than £2.2 million this year.

Brazilian Helio Castroneves, who is pursuing his fourth Indy 500 trophy, earned the most a winner has ever received when he picked up almost £2.7m for winning in 2009.

One of the deciding factors is the total prize money, which is around £11.5m this year.

The winner should take home around £2.3m, with the next driver receiving the second-largest sum for his bravery and skill.

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Indy 500 prize money: fans at the course (Image: Getty)

Indy 500 prize money: 33 drivers are ready to roll (Image: Getty)

Every driver is guaranteed a handsome fee of around £176,000, but the rest depends on elements including sponsorship and endorsements.

To give you an idea, here are the rough purses and winning figures drivers are understood to have received since 2009:

2009 – Helio Castroneves won £2.7m of a £12.6m purse

2010 – Dario Franchitti won £2.4m of £12m

2011 – Dan Wheldon won £2.3m of £11.9m

2012 – Dario Franchitti won £2.2m of £11.7m

2013 – Tony Kanaan won £2.1m of £10.6m

2014 – Ryan Hunter-Reay won £2.2m of £12.5m

2015 – Juan Pablo Montoya won £2.2m of £11.8m

THE INDY 500 is a lucrative race for the 33 drivers aiming to finish victorious after 200 laps. Want to know how much they win? Read on for all the details.

There’s Over $15 Million in Prize Money Up For Grabs at This Year’s Indy 500

This year’s Indy 500 purse has increased by $2 million, making it the largest prize pool in history. And even better news? Road & Track is a sponsor of the race.

The Indianapolis Motor Speedway just announced a bunch of plans it has for the month of May leading up to the 2020 Indianapolis 500. The biggest nugget of news is undoubtedly the massive increase in prize money for the winning team, adding up to over $15 million.

The NTT IndyCar series has increased the Indy 500 purse by $2 million from last year, pushing the total prize money to $15,090,536. According to the series, the purse “consists of Indianapolis Motor Speedway and NTT IndyCar Series awards, plus other designated and special awards.” Last year, race winner Simon Pagenaud took home $2,669,529 from the total 2019 purse of $13,090,536—around 20 percent.

In other Indy 500 news, there’s going to be a new qualifying layout that allows for multiple attempts for drivers during the Last Row Shootout rather than just one—a change that came based on feedback from fans. There’s also going to be a 45-horsepower increase for the cars, and more television coverage during race weekend. New sponsors (including us, Road & Track Magazine) and a slew of upgrades for the track itself will insure fans attending the race will have the time of their lives.

This year's Indy 500 purse has increased by $2 million, making it the largest prize pool in history.