Lotus confirms switch to Mercedes engines for 2015 F1 season

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Lotus F1 Team has today confirmed that it will be using Mercedes engines from the beginning of the 2015 Formula 1 season, moving away from long-term partners Renault.

Speculation about the deal first emerged at the British Grand Prix back in July, but has only been announced by both parties today ahead of this weekend’s Russian Grand Prix.

“We are pleased to have been chosen by Mercedes AMG High Performance in a significant long term deal,” team CEO Matthew Carter said. “We intend to return to the front of the field with the goals of winning grands prix and being a strong championship contender once more and we see this new agreement as one step towards this aim.

“The Mercedes-Benz Power Unit has shown good performance on track and it is our goal to marry this motive force to Enstone’s chassis expertise. It is our desire that the E23 Hybrid, powered by Mercedes-Benz, heralds a new era of success for Enstone.”

Mercedes head of motorsport Toto Wolff was pleased to welcome Lotus on board, making up for the loss of McLaren as the British team switches to Honda engines for 2015.

“It was strategically important for Mercedes-Benz to continue to supply three customers throughout this generation of Power Unit, in addition to the primary focus on our Silver Arrows works team, and it was therefore clear that we would be looking for a new customer from 2015,” Wolff explained.

“Lotus F1 Team is an impressive organization that has delivered competitive on-track performances in recent seasons. We are pleased to welcome them to the Mercedes-Benz family and look forward to building a productive and performant working relationship in the years ahead.”

Lotus also confirmed that it will be using Mercedes’ current technology partner, Petronas, for its ‘fluid technology solutions’ from the 2015 season, which could put Romain Grosjean’s place at risk given his deal with rival company Total.

The first partnership with Renault for the Enstone-based team came in 1995, when Italian team Benetton switched from Ford power to the French marque for the second of Michael Schumacher’s world championships.

Ultimately, the team was bought out by Renault for the 2002 season, and it went on to win world titles with Fernando Alonso in 2005 and 2006 before withdrawing as a works team at the end of the 2011 season, when the operation became known as Lotus F1 Team.

Given the superiority of the Mercedes engines in 2014, this move should give Lotus a huge boost ahead of next season after a disappointing final campaign with Renault that has yielded just eight points at the time of writing.

Provisional 2015 F1 engine contracts

Mercedes: Mercedes, Williams, Force India, Lotus (4)
Renault: Red Bull, Toro Rosso, Caterham (3)
Ferrari: Ferrari, Sauber, Marussia (3)
Honda: McLaren (1)

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