Outlaws: Kerry Madsen wins prestigious Kings Royal at Eldora (VIDEO)

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All hail King Kerry XXXI.

Kerry Madsen held on in a green-white-checkered finish to win the 31st annual Kings Royal at Eldora Speedway on Saturday night.

The Kings Royal is considered one of the most important races on the sprint car calendar, and Madsen walked away with a $50,000 winner’s prize.

Madsen took the lead on Lap 13 after starting seventh on the grid. The Australian was able to hold it until Lap 38, when a caution turned into an open red flag after the field reached max laps.

That set up a green-white-checkered, giving Donny Schatz and David Gravel one last shot to get past Madsen.

But Madsen was able to stay ahead of them in G-W-C to not only earn his fourth World of Outlaws win of 2014 but also become the first Aussie to capture a Kings Royal crown.

“When you have a champion like Donny behind you, you know you can’t make a mistake… and obviously David was strong all weekend and he was going to be a presence at some point as well,” Madsen said to the series’ website.

“Fortunately for me, [my team] gave me that good a car that it just did its own thing anyways.”

After the race, Madsen was declared ‘King’ in a ceremony that saw him bestowed with all the little things that a monarch needs: A robe, scepter, crown, and finally, a throne.

Schatz, who finished second behind Madsen in the A-Main, was gracious in defeat.

“Kerry was definitely a better racecar,” Schatz said. “He got up there and went and was awful fast. When he got there, it was hard to even keep up with him.

“Hats off to those guys, they did a phenomenal job. He’s been knocking at the door of this race for a long time so I’m glad to see him win it.”

Gravel finished third, with Kevin Swindell and Paul McMahan completing the Top 5.

F1 2017 driver review: Carlos Sainz Jr.

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Carlos Sainz Jr.

Teams: Scuderia Toro Rosso (1-16), Renault (17-20)
Car No.: 33
Races: 20
Wins: 0
Podiums: 0
Best Finish: P4 (Singapore)
Pole Positions: 0
Fastest Laps: 0
Points: 54
Championship Position: 9th

Carlos Sainz Jr. has always been compared to Max Verstappen given their relative rise and stint together at Toro Rosso, but the Spaniard began to forge his own impressive path through 2017, securing himself a works drive with Renault in the process.

Alongside the struggling Daniil Kvyat for much of the season, Sainz led Toro Rosso’s charge, scoring 48 of its 53 points with a string of impressive drives. His headline moment came in Singapore when he matched Verstappen’s best result in Toro Rosso colors by finishing fourth, capitalizing on the start-line crash and the wet weather with a strong display.

Sainz’s displays led to a call from Renault, who announced just two days before his star display in Singapore he would be joining up for 2018 on loan from Red Bull. However, the deal was accelerated after a deal was brokered to secure Jolyon Palmer’s departure, allowing Sainz to join up from the United States GP onwards.

Sainz made an immediate impression, completing a perfect race en route to seventh on debut for Renault to secure six points that would prove crucial in the final constructors’ championship standings as the French team beat Toro Rosso to P6 in the standings at the last race of the year.

Red Bull retains an option on Sainz’s future beyond 2018, making him a candidate for a seat with its senior team should Daniel Ricciardo opt to leave. Failing that, Renault could offer Sainz the platform he needs to continue his rapid rise in F1 and establish himself at the front of the pack for many years to come.

Season High: Finishing fourth in Singapore after dodging the start-line drama.

Season Low: Crashing out in his final Toro Rosso appearance on the first lap at Suzuka.