Hamilton leads Magnussen and Alonso in FP2 at Sochi

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After seeing teammate and championship rival Nico Rosberg finish fastest in FP1, Lewis Hamilton has hit back in the second free practice session on Friday in Russia to lead the field by over eight-tenths of a second.

The Briton recorded a fastest lap time of 1:39.630 to finish ahead of McLaren’s Kevin Magnussen as Rosberg was forced to settle for fourth place in the standings, some nine-tenths behind his teammate.

However, Rosberg’s fastest time did come on a lap that saw him make a mistake and run wide at the final corner, and as shown by his pace in FP1, he is going to be battling for the race win with Hamilton on Sunday despite this setback in FP2.

The big surprise of the session was McLaren’s pace as both Magnussen and teammate Jenson Button flirted with top spot in the standings throughout the session. Although Button had to settle for P6 come the checkered flag, his long run pace was mightily impressive, and the British team may have a genuine chance of a podium finish in Sochi this weekend.

Ferrari and Williams’ tussle for third place in the constructors’ championship is set to rage on in Russia as both Fernando Alonso and Valtteri Bottas finished inside the top five in FP2.

Home favorite Daniil Kvyat continued to impress for Toro Rosso, with the Russian driver finishing the session in eighth place ahead of defending world champion Sebastian Vettel.

The session was interrupted late on when Daniel Ricciardo pulled over at the side of the circuit with a technical issue, bringing out the red flag. Red Bull is yet to confirm what the issue on his car was, but he could be forced into taking a grid penalty should he change part of his engine.

Although there are no points for practice, both Mercedes and McLaren will be delighted with their form on Friday ahead of tomorrow’s qualifying session. Quite whether it will be Lewis or Nico remains to be seen, but their fight is set to rage on in Sochi this weekend.

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