Grosjean has faith in Lotus revival after poor start

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Romain Grosjean has once again affirmed his faith in the entire Lotus team despite a disastrous start to the season that has seen the one-time front-runners fail to score any points in the opening two rounds of the 2014 F1 season.

After a series of financial crises last year, the team finally found some stability by securing finance from Pastor Maldonado’s backers, PDVSA, and downsizing the workforce at Enstone by 20%.

However, the E22 car was not ready for the first test in Jerez, and Lotus has been on the back foot ever since. A double retirement in Australia came as little surprise, but Grosjean rallied to finish 11th in Malaysia, and the Frenchman was pleased with this result after such a tough start to the year.

“I won’t say exactly everything I could say inside my helmet sometimes,” Grosjean joked. “I think it was good for all the guys that we could finish the Malaysian Grand Prix. Of course it was not the way you would like to see when you start a Grand Prix but at the moment that’s where we are plus we were not that far from the points.”

Grosjean refused to give any kind of time scale for when the team will be back up in the points and fighting for race wins as per 2013, but he has total faith in the team at Enstone.

“I don’t know, to be honest,” he said when asked how long it would take for the team to bounce back. “I know that we still have in our genes the winning spirit and we can still fight back.

“Of course, when you start the season with everything in the right direction it’s easier to move forward but at the moment we’ve had some issues, we’ve solved most of them, hopefully no more coming, then we can go from there.

“Renault is well aware that the power unit needs to improve a little bit compared to certain other manufacturers, but I think it’s going to be good and we can work on our car.”

Grosjean has finished on the podium in the last two Bahrain Grands Prix, but he will be hard-pressed to emulate this result on Sunday. You can watch the race live on NBCSN from 10:30am ET on Sunday.

Winner Josef Newgarden earns $3.666 million from a record Indy 500 purse of $17 million

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INDIANAPOLIS — The first Indy 500 victory for Josef Newgarden also was the richest in race history from a record 2023 purse of just more than $17 million.

The two-time NTT IndyCar Series champion, who continued his celebration Monday morning at Indianapolis Motor Speedway earned $3.666 million for winning the 107th running of the Greatest Spectacle in Racing.

The purse and winner’s share both are the largest in the history of the Indianapolis 500.

It’s the second consecutive year that the Indy 500 purse set a record after the 2022 Indy 500 became the first to crack the $16 million mark (nearly doubling the 2021 purse that offered a purse of $8,854,565 after a crowd limited to 135,000 because of the COVID-19 pandemic).

The average payout for IndyCar drivers was $500,600 (exceeding last year’s average of $485,000).

Indianapolis Motor Speedway owner Roger Penske, whose team also fields Newgarden’s No. 2 Dallara-Chevrolet, had made raising purses a priority since buying the track in 2020. But Penske but was unable to post big money purses until the race returned to full capacity grandstands last year.

The largest Indy 500 purse before this year was $14.4 million for the 2008 Indy 500 won by Scott Dixon (whose share was $2,988,065). Ericsson’s haul made him the second Indy 500 winner to top $3 million (2009 winner Helio Castroneves won $3,048,005.

Runner-up Marcus Ericsson won $1.043 million after falling short by 0.0974 seconds in the fourth-closest finish in Indy 500 history.

The 107th Indy 500 drew a crowd of at least 330,000 that was the largest since the sellout for the 100th running in 2016, and the second-largest in more than two decades, according to track officials.

“This is the greatest race in the world, and it was an especially monumental Month of May featuring packed grandstands and intense on-track action,” Penske Entertainment president and CEO Mark Miles said in a release. “Now, we have the best end card possible for the 107th Running of the Indianapolis 500: a record-breaking purse for the history books.”

Benjamin Pedersen was named the Indy 500 rookie of the year, earning a $50,000 bonus.

The race’s purse is determined through contingency and special awards from IMS and IndyCar. The awards were presented Monday night in the annual Indy 500 Victory Celebration at the JW Marriott in downtown Indianapolis.

The payouts for the 107th Indy 500:

1. Josef Newgarden, $3,666,000
2. Marcus Ericsson, $1,043,000
3. Santino Ferrucci, $481,800
4. Alex Palou, $801,500
5. Alexander Rossi, $574,000
6. Scott Dixon, $582,000
7. Takuma Sato, $217,300
8. Conor Daly, $512,000
9. Colton Herta, $506,500
10. Rinus VeeKay, $556,500
11. Ryan Hunter‐Reay, $145,500
12. Callum Ilott, $495,500
13. Devlin DeFrancesco, $482,000
14. Scott McLaughlin, $485,000
15. Helio Castroneves, $481,500
16. Tony Kanaan, $105,000
17. Marco Andretti, $102,000
18. Jack Harvey, $472,000
19. Christian Lundgaard, $467,500
20. Ed Carpenter, $102,000
21. Benjamin Pedersen (R), $215,300
22. Graham Rahal, $565,500*
23. Will Power, $488,000
24. Pato O’Ward, $516,500
25. Simon Pagenaud, $465,500
26. Agustín Canapino (R), $156,300
27. Felix Rosenqvist, $278,300
28. Kyle Kirkwood, $465,500
29. David Malukas, $462,000
30. Romain Grosjean, $462,000
31. Sting Ray Robb (R), $463,000
32. RC Enerson (R), $103,000
33.  Katherine Legge, $102,000

*–Broken down between two teams, $460,000 Rahal Letterman Lanigan Racing, $105,500 Dreyer & Reinbold Racing/Cusick Motorsports