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INDY MONEY

Indy 500 prize money: How much cash will winner take home for mega race?

There is a lot of cash up for grabs in Indianapolis

THE Indy 500 returns TODAY - and the prize money is as big as the race.

American superstar Josef Newgarden held his nerve to secure victory in the 2023 edition.

Josef Newgarden won the 2023 Indy 500, taking home a huge prize
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Josef Newgarden won the 2023 Indy 500, taking home a huge prizeCredit: Reuters

And as a result, last year's Indy 500 winner took home a staggering $3.6million.

However, Newgarden will need to be on top form to retain his title with the likes of Scott McLaughlin and Will Power ahead of him on the grid.

Find out how much prize money is up for grabs below.

What is the Indy 500 prize money?

The figures for the 2024 edition of Indy 500 is yet to be confirmed.

Read more on Indy 500

However, last year's winner Josef Newgarden took home a staggering $3.6million (£2.8m) from a total prize pot of $17m (£13m).

When is the Indy 500?

The Indy 500 race is scheduled to take place on Sunday, May 26.

It is expected to get underway at 12:45pm ET / 5:45pm BST.

Fans in the US can watch the Indy 500 LIVE on NBC.

Elsewhere, Sky Sports will broadcast the entire action LIVE for the UK audience.

The Indy 500 will take place at the world-famous Indianapolis Motor Speedway in Indianapolis, Indiana and it can host approximately 252,327 passionate fans.

What has been said?

Two-time Indy 500 winner Josef Newgarden will be hoping to retain his title from last year.

But the American star had a win stripped from him earlier this year after accepting blame for the now forbidden push-to-pass system.

Newgarden said:

“I want to deeply apologize to our fans, our partners, my teammates, the competitors that I race against.

“Anybody that’s in our community. I’ve worked my entire career to hold myself to a very high standard and clearly I’ve fallen very short of that in this respect. It’s a difficult thing to wrestle with. It’s a very embarrassing thing to go through.”

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