Off-Target: Chip Ganassi’s four-car stable has tough Indy 500

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With cars decked out in silver to celebrate the 25th anniversary of Target’s alliance with Chip Ganassi Racing, defending Indy 500 champ Tony Kanaan and Scott Dixon went racing for another bit of silver on Sunday: The Borg-Warner Trophy, annually presented to the winner of the ‘500.’

But the 98th Running of the Greatest Spectacle in Racing proved rough for the vaunted TCGR duo.

Kanaan, whose ‘500’ victory one year ago was one of the most popular in race history, suffered a 43-second pit stop on Lap 66 and then returned to the pits a short time later for a longer period.

He would eventually rejoin the race 18 laps down and his ‘500’ reign ended with a 26th-place finish.

“Our day was pretty much over before it started with the issues we had on pit lane,” Kanaan said. “When you go that many laps down, you simply cannot recover.

“I always say this place chooses the winner and unfortunately, today, she didn’t choose us.”

It was left to Dixon, the 2008 Indy winner, to carry the Bullseye banner. As usual, the New Zealander was steady for much of the afternoon and embedded himself firmly in the Top 5.

But on Lap 168 of 200, Dixon lost control of his No. 9 Target Chevy and slammed into the outside wall in Turn 4. After the yellow came out for the Dixon crash, ‘500’ rookie Martin Plowman then got into the back of Josef Newgarden, ending the latter’s afternoon.

“All of a sudden, it just started to slide [mid-apex],” 29th-place finisher Dixon said of his wreck. “I tried to catch it and there was no catching it.”

Another Ganassi pilot, Charlie Kimball, also found the wall on Sunday. After the race ran its first 148 laps under green-flag conditions, Kimball spun in Turn 2 and made contact; he was credited with 31st place.

In the end, it was Ryan Briscoe with the Ganassi camp’s best finish – 18th. And that could have been a Top-10 result if not for a run-in with Will Power shortly after the race went green with six laps to go.

“I got a run on Power and he just completely drove me to the grass and chopped me and broke my front wing,” said Briscoe, who had charged toward the front late after going a lap down early.

“It was dangerous driving, and I just can’t believe he didn’t get a penalty or anything. It was just absolutely stupid driving on his part and ruined our race after we did such a good job.”

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