Ganassi, Penske camps look ahead to Indy 500 qualifying

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Indianapolis 500 qualifying could do much more than set the field for next weekend’s Greatest Spectacle in Racing. It could also help determine a series champion.

As part of the new ‘500’ qualifying format, Verizon IndyCar Series championship points will be on the line both tomorrow and Sunday.

33 points will go to tomorrow’s fastest qualifier with the points then descending by one per starting position, and the winner of Sunday’s Fast Nine shootout for the pole will earn nine additional points.

It makes up a good chunk of the maximum total of 145 points that a driver can earn from the ‘500.’  That particular bounty also includes the 100 points for the race win (remember, the ‘500’ is a double-points event), one point for a lap led, and two points for most laps led.

Target Chip Ganassi Racing and Team Penske figure to play heavily into this weekend’s events, but TCGR managing director Mike Hull would not be drawn into revealing a specific strategy for his team going in.

“The way that we’ll approach tomorrow is the way that we’re going to approach today,” Hull said today at Indianapolis Motor Speedway.

“We’re going to get the most out of it. That’s the way that we work. That’s really the simple answer. The strategy is developed simply from there. Yeah, we’ll have a very defined strategy internally for us. But we work really, really hard to get the most out of the day we have in front of us.”

Hull’s boss, Chip Ganassi, didn’t add much to that save for his team being ready to “play every card” they had tomorrow.

As for the view from the Penske camp, Roger Penske and his drivers – Helio Castroneves, Will Power, and Juan Pablo Montoya – mentioned the importance of putting themselves into the Top 9 on Saturday to ensure their place in Sunday’s shootout.

But in Power’s eyes, the points scenario could force him and his teammates to take a risk on a second qualifying run and try to get higher up the pylon.

“This point spread is really close between positions,” he said. “You would expect all the championship contenders would be pretty close anyway.

“I’m sure if you were the one with the fast cars at the front competing for the championship, you would definitely go back out to gain some points.”

After finishing eighth in last weekend’s Grand Prix of Indianapolis, Power’s lead in the IndyCar championship is down to one point over Ryan Hunter-Reay and six points over GP of Indy winner Simon Pagenaud.

Castroneves and defending series champion Scott Dixon are tied for fourth and farther back at 47 points behind Power.

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