Formula E: Long Beach win a poignant one for Piquet

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Following his victory in the Formula E Long Beach ePrix on Saturday, Nelson Piquet Jr. made no secret of his delight as he followed in his father’s footsteps by winning at the prestigious street circuit in California.

Nelson Piquet Sr. claimed his first race win in Formula 1 at the 1980 United States Grand Prix West, which was held at Long Beach 35 years ago this week.

For the Formula E round on Saturday, Piquet Jr. changed his helmet design to match the one used by his father at the race in 1980, and it proved to be something of a good luck charm as the Brazilian stormed to his first win in the series.

After qualifying fourth, Piquet made a superb start to take the lead of the race at the first corner, and never looked back, eventually crossing the line with an advantage of 1.7 seconds over Jean-Eric Vergne.

“The start was one of those times where everything goes right, the car didn’t wheelspin much and it seemed like both cars in front didn’t have a very good reaction,” Piquet explained.

“So I got almost alongside Daniel [Abt] and broke as late as I could into the first corner. I was really confident on the brakes here and I found a way to control them which can be a big issue with these cars.

“As soon as I got the lead it was just a matter of managing from the front and keeping calm without making mistakes. The last race in Miami we lost a great result from a mistake in the pitstop so I think it was crucial to hold on to the lead here.

“I just made sure I managed the gap to Jean-Eric behind me and just brought it home. This one meant a lot to me!”

Not only was Piquet’s win a landmark victory for his family, but it also brought the Brazilian into the thick of the fight for the inaugural Formula E championship. He now sits second in the drivers’ standings, just one point behind Lucas di Grassi at the top of the table.

The next Formula E race takes place in Monaco on May 9.

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