Ryan Hunter-Reay hangs on for Indianapolis 500 victory (VIDEO)

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Ryan Hunter-Reay has captured the 98th Indianapolis 500 in a dramatic finish, holding off a final charge from Helio Castroneves after making a gutsy, outside pass into Turn 1 on the final lap for the lead.

Hunter-Reay held off Castroneves by just 0.0600 of a second, the second-closest finish in ‘500 history (1992), and won after starting 19th on the grid. The win is the first for Andretti Autosport since 2007 (Dario Franchitti) and the team’s third overall.

“It’s a dream come true, man,” RHR told ESPN’s Dr. Jerry Punch in victory lane. “This is just the most fantastic team for what they’ve given me. My dream has come true today and I’m a proud American boy, that’s for sure.”

After a Lap 195 restart, Castroneves and Hunter-Reay exchanged the lead several times. The 2012 Verizon IndyCar Series champion is the first American winner of the Indianapolis 500 since Sam Hornish Jr. in 2006 (which had been the second-closest finish). Unofficially, he should take over the 2014 points lead as well.

Marco Andretti finished third with Carlos Munoz fourth, Juan Pablo Montoya fifth and Kurt Busch sixth in his first Indianapolis 500, before he heads to Charlotte for the Coca-Cola 600.

The race was more or less a fuel mileage battle over the first 149 laps, as the Indianapolis 500 set a record for the longest caution-free stretch in its illustrious race history. All of Hunter-Reay, Castroneves, Andretti, Montoya and Ed Carpenter were realistically in the mix for the lead, depending on when they pitted.

Montoya fell out of the lead pack following a Lap 131 pit stop where he had a pit speed violation, which also hit him at one NASCAR Brickyard 400 a number of years ago. Prior to that, he had been running three to four laps longer over the course of a stint, and was in prime position to win if the race stayed in a green flag flow.

But after Charlie Kimball’s half-spin on Lap 150 exiting Turn 2 brought out the race’s first caution – perhaps mercifully – things got wild, hairy and more yellow the rest of the way.

The fuel strategy game went out the window and by that point, the majority of the field pitted on Lap 153 for four tires and fuel. Carpenter, who didn’t pit on the sequence as he’d pitted eight laps earlier on Lap 145, assumed the lead on the restart.

Carpenter and Hunter-Reay exchanged the lead several times but the race didn’t stay green for long. Scott Dixon made an ultra rare unforced error as he smacked the wall exiting Turn 4, making hard left-side contact with the SAFER barrier on Lap 168.

During the yellow, rookie Martin Plowman contacted Josef Newgarden exiting Turn 3, which put Newgarden out of the race and ended the hopes of the popular “dark horse” pick.

Everyone would be good to go to the finish from there after making stops on Lap 170. Alex Tagliani temporarily stayed out in the second Sarah Fisher Hartman Racing Honda, but pitted on Lap 174 before the restart.

The race’s most controversial incident occurred after the Lap 175 restart. Townsend Bell, who had driven a sterling race to that point in the No. 6 KV Racing Technology Chevrolet, was up to second and was involved in a three-wide scrap into Turn 1 with the top two starters in Ed Carpenter and James Hinchcliffe, who were running third and fourth.

Bell and Carpenter ran two-wide on corner entry with enough room for Hinchcliffe to at least consider sticking his car’s nose in for an attempt. Bell ran high but made slight contact with Carpenter, and Hinchcliffe’s dive into the corner meant that both drivers were out of the race. Bell continued in second behind new leader Hunter-Reay, who inherited the point after Tagliani’s pit stop.

After this accident, the race restarted once more on Lap 180, ran for a furious 10-lap stint, and then was halted again when Bell’s drive ended with contact in Turn 2.

Rather than stay under yellow for an extended period, INDYCAR opted to throw a red flag – similar to what was done at the 2012 season finale at Auto Club Speedway in Fontana, Calif. – to ensure the chance of a green-flag finish.

A final six-lap scrap occurred from there that was more-or-less a slingshot battle, where it seemed that being second was probably a better position than being first. Indeed Hunter-Reay and Castroneves exchanged the lead several times, and despite Castroneves’ final charge he was unable to pass the similar yellow car for the win.

Behind the top six already mentioned – of which four were from Andretti Autosport – Sebastien Bourdais upheld some honor for KVRT in seventh, Will Power ended eighth, rookie Sage Karam turned in a fantastic debut from P31 on the grid to ninth for Dreyer & Reinbold Kingdom Racing with Chip Ganassi Racing (finished ahead of all four Chip Ganassi Racing cars) and JR Hildebrand rounded out the top 10.

Hartley happy with ‘big progression’ on first day with Toro Rosso

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With 69 laps completed (28 in free practice one and 41 in free practice two) and respectable lap times in both sessions, Brendon Hartley quickly acclimated to a modern day Formula 1 chassis in his first run with Scuderia Toro Rosso in Friday practice for the United States Grand Prix.

The Porsche factory driver has been drafted into the team following a convoluted series of musical chairs that sees Daniil Kvyat back after a two-race absence, Carlos Sainz Jr. now at Renault and Pierre Gasly racing at the Super Formula season finale in Suzuka.

Over the time in the car today, Hartley experienced changeable conditions in FP1 before a more normal FP2, and discovered the new F1 cockpit after a day learning in the garage yesterday.

“A steep learning curve today! It all went pretty smoothly and I kept the car on track without making too many mistakes, so I’m quite happy,” the New Zealander reflected at day’s end.

“I didn’t really know what to expect from today because I just had so much to learn! I think I made quite a big progression throughout the day.

“The biggest difference from what I’m used to is the high-speed grip, it’s incredible here in Formula 1…it was quite an eye-opener! Another challenge are the tires, which are also quite different to what I’m used to. On the other hand, the long-run looks quite positive and I did a good job managing the tires there – the biggest thing I need to work on now is the new tire pace, and I’ll get another crack at it tomorrow morning before qualifying.

“All in all, I’d say it’s all coming together. We’ll now work hard and go through plenty of data tonight and hopefully I’ll make another step forward tomorrow.”

His best lap was 1.1 seconds up on Friday driver Sean Gelael, the Indonesian Formula 2 driver, in FP1 (1:39.267 to 1:40.406, good enough for 14th) and 1.1 seconds off the returning Kvyat in FP2 (1:37.987 to 1:36.761, good enough for 17th). Interestingly, the Gelael/Hartley combination in FP1 marked the second time in three races that Toro Rosso had a pair of drivers in its cars without a single Grand Prix start between them – Gasly’s debut at Malaysia was the other, when he and Gelael were in in FP1.

Coming into Friday’s running, Hartley said he was more ready for this opportunity now than he had been as a teenager. He admitted he’d called Red Bull’s Helmut Marko in the wake of Porsche’s LMP1 withdrawal news earlier this year to say he was game for any chance that might come.

“I’m a lot stronger than I was back then, basically. I wasn’t ready at 18 years old. I like to think I’m ready now,” he said.

“I haven’t driven a single-seater since 2012, but I like to think that Porsche LMP1 has hopefully prepared me well.”

As for the rest of his weekend, it’s been made more complicated by Hartley being assessed a 25-spot grid penalty, even though Hartley had done nothing to accrue the penalties.

The roundabout sequence of driver changes at Toro Rosso saw Gasly replace Kvyat, Kvyat replace Sainz, and now Hartley replace Gasly, as is outlined by NBCSN pit reporter Will Buxton below.