P1racenews AI automatic summary:
Josef Newgarden became the sixth and most recent driver to win the Indianapolis 500 in consecutive seasons on Sunday, and he is also the recipient of the largest winner’s payout in the race’s history. Newgarden’s last lap pass on Pato O’Ward earned him a cool $4.288 million along with sealing his place as one of […]
Josef Newgarden’s last lap pass on Pato O’Ward secured him a hefty $4.288 million and marked him as a back-to-back winner at the Indy 500. The prize money, combined with last year’s earnings of $3.66 million, has significantly boosted his financial success. A portion of this year’s prize includes a $440,000 bonus from Borg-Warner for achieving consecutive wins. The bonus structure resets each year, starting at $20,000 and increasing for each unclaimed year. Though O’Ward earned over $1 million for his second-place finish, Newgarden’s victory in the record $18,456,000 purse solidified his dominance in the race. Penske Entertainment CEO Mark Miles emphasized the significance of the Indy 500 and its historic purse, paying tribute to the race’s legacy and the determination of the drivers.