Marcus Ericsson earns $3.1 million for winning the Indy 500, the largest purse in the race’s history

INDIANAPOLIS – With more than 325,000 fans on hand, the second largest crowd in a quarter century, Roger Penske and Penske Entertainment Corp. Indianapolis 500 purse at all, mirroring the historic previous two weeks that saw record speed and first-time champion.

Penske nearly doubled what was the second-smallest turn-of-the-century purse a year ago ($8,854,565) — only more than the race was held without a fan in the grandstand in 2020 ($7,502,500) — awarding a record $16,000,200 in a 33-car field. It brings the goal Penske set in February 2020, 100 days from the original race date this year, when he claimed a purse that would reach $15 million for the first time. The previous high for a total of 500 wallets, $14,406,580, came in 2008; it had never topped $11 million before that.

Since 2008, the purse has eclipsed the $14 million mark twice ($14,315,315 in 2009 and $14,231,760 in 2014). It also dipped to $12,020,065 once in the same span, but outside of the previous two pandemic-hit years, it ranged from $13,078,065 (2018) to $13,592,815 (2010).

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Marcus Ericsson celebrates with milk after winning the 2022 Indianapolis 500 at Indianapolis Motor Speedway.

Marcus Ericsson celebrates with milk after winning the 2022 Indianapolis 500 at Indianapolis Motor Speedway.

Closely tied with Penske’s record purse total, Ericsson took home $3.1 million, the highest payout for a 500 winner in the race’s history. The previous watermark came in 2009 when Helio Castroneves earned $3,048,005 for his third 500 win, the only time the winner’s cut eclipsed $3 million. For holding off Pat O’Ward, Tony Kanaan and co on a red flag restart with two laps to go and taking the checkered flag, Ericsson took home just short of what previous two winners Takuma Sato (2020, $1,370,500) and Castroneves (2021, $1,828,305) earned in total ($3,198,805).

Over the past 15 runnings of the 500 (not including the previous two 500s affected by COVID), the winner’s purse has ranged from $2,353,355 (Tony Kanaan, 2013) to a previous high of $3,048,005 (Castroneves, 2009).

As this year’s runner-up, O’Ward received $1,000,000, two days after McLaren Racing formally announced his new deal, which sees him join the Arrow McLaren SP through the 2025 IndyCar campaign, including a substantial pay rise and a new McLaren road car. drive. In 2021, O’Ward received $343,305 for his previous best 500 finish of #4, and in 2019 (the last non-pandemic to hit the 500), Alexander Rossi won $759,179 as runner-up Simon Pagenaud.

Kanaan took home $400,000 for his 3rd place finish, the best finish by a Brazilian driver since his lone 500 win in 2013. Felix Rosenqvist (4th, $570,500) and 2016 winner Rossi (5th, $548,000 ) rounded out the top 5.

Arrow McLaren SP driver Pato O'Ward (5), left, challenges Chip Ganassi Racing's Marcus Ericsson (8) into the first turn after the final restart of the 106th running of the Indianapolis 500, Sunday, May 29, 2022, at Indianapolis Motor Speedway.

Arrow McLaren SP driver Pato O’Ward (5), left, challenges Chip Ganassi Racing’s Marcus Ericsson (8) into the first turn after the final restart of the 106th running of the Indianapolis 500, Sunday, May 29, 2022, at Indianapolis Motor Speedway.

How much each driver takes home depends on a number of factors. The polesitter (Scott Dixon this year) gets a big chunk on top of his race wins, and the drivers also get $250 for every lap they lead. Dixon earned $707,000, the third most awarded, despite finishing 21st. Year-round contributors to the Leaders Circle program will also receive a percentage added compared to those who did not qualify for the program a year ago or are part-time.

Before 1982, a percentage of the purse that the winner takes home it was always more than 20%, and in the 1950s and 1960s it was usually more than 30%, but in recent years it has usually fallen to somewhere between 15-20%. Last year, Castroneves took home 20.6% of the $8,854,565 pursehigher than Sato in the previous year (18.3% of $7,502,500). Ericsson earned 19.4% of the total purse this year.

Indy 500 wins

(Finish order, starting position, name, engine manufacturer, laps completed, status at the finish, prize amount)

1. (5) Marcus Ericsson, Honda, 200, Running, $3,100,000

2. (7) Pato O’Ward, Chevy, 200, Running, $1,000,000

3. (6) Tony Kanaan, Honda, 200, Running, $400,000

4. (8) Felix Rosenqvist, Chevy, 200, Running, $570,500

5. (20) Alexander Rossi, Honda, 200, Running, $548,000

6. (18) Conor Daly, Chevy, 200, run, $527,100

7. (27) Helio Castroneves, Honda, 200, Running, $205,300

8. (16) Simon Pagenaud, Honda, 200, run, $507,000

9. (2) Alex Palou, Honda, 200, Running, $569,600

10. (15) Santino Ferrucci, Chevy, 200, Running, $134,500

11. (30) Juan Pablo Montoya, Chevy, 200, run, $127,000

12. (17) JR Hildebrand, Chevy, 200, Running, $175,300

13. (14) Josef Newgarden, Chevy, 200, Running, $530,000

14. (21) Graham Rahal, Honda, 200, Run, $483,000

15. (11) Will Power, Chevy, 200, Running, $474,500

16. (13) David Malukas, Honda, 200, run, $463,000

17. (28) Kyle Kirkwood, Chevy, 200, Running, $463,000

18. (31) Christian Lundgaard, Honda, 200, Run, $463,000

19. (4) Ed Carpenter, Chevy, 200, Running, $117,000

20. (24) Devlin DeFrancesco, Honda, 200, Run, $463,000

21. (1) Scott Dixon, Honda, 200, Running, $707,000

22. (23) Marco Andretti, Honda, 200, Running, $114,400

23. (22) Sage Karam, Chevy, 199, Run, $104,500

24. (32) Jack Harvey, Honda, 199, Run, $158,800

25. (10) Takuma Sato, Honda, 199, run, $462,000

26. (33) Stefan Wilson, Chevy, 198, run, $102,000

27. (29) Dalton Kellett, Chevy, 198, run, $462,000

28. (12) Jimmie Johnson, Honda, 193, Contact, $207,900

29. (26) Scott McLaughlin, Chevy, 150, Kontakt, $462,000

30. (25) Colton Herta, Honda, 129, mechanical, $469,500

31. (9) Romain Grosjean, Honda, 105, Contact, $478,500

32. (19) Callum Ilott, Chevy, 68, Kontakt, $463,000

33. (3) Rinus VeeKay, Chevy, 38, Contact, $487,800

This article originally appeared on the Indianapolis Star: Indy 500: Marcus Ericsson earns biggest purse in racing history

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