Conor Daly confirmed for Indy 500 return, joins Schmidt Peterson

By Apr 25, 2015, 9:18 AM EDT
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American rising star Conor Daly will make two returns next month, as he’ll be back with Sam Schmidt’s team for the first time in four years, and more importantly, back in the Indianapolis 500 after a year’s hiatus.

Daly will drive the No. 43 Honda for Schmidt Peterson Motorsports – the team’s third car alongside full-season regulars James Hinchcliffe and James Jakes – for the ‘500. A partnership announcement will follow at a later date.

“I am ecstatic to partner with Schmidt Peterson Motorsports for the 99th running of the Indianapolis 500,” Daly said in a release. “I have had a great relationship with Sam Schmidt since driving for him in Indy Lights and I’ve always wanted a shot with his Verizon IndyCar Series team. It’s an honor to make my second attempt at running the Indy 500.

Daly finished 22nd in his lone ‘500 start in 2013, driving A.J. Foyt’s second car.

He drove a handful of Indy Lights races with Schmidt in 2011, winning at Long Beach, while also competing in his first season of GP3 competition in Europe.

“Conor raced for our team in Indy Lights in 2011for a partial season before heading off to Europe, so we know what he is capable of. He deserves to be competing in the IndyCar Series full time and we’re honored to be providing this opportunity,” team co-owner Sam Schmidt said.

Daly has been busier and more active at IndyCar rounds this season, driving Honda’s “Fastest Seat in Sports” two-seater car at selected rounds and pounding the pavement with helmet and firesuit at the ready.

That stand-by readiness came in handy when Dale Coyne provided Daly his shot in a one-off drive at the Toyota Grand Prix of Long Beach, aboard the team’s No. 18 Honda, for his IndyCar street course debut.

Winner Josef Newgarden earns $3.666 million from a record Indy 500 purse of $17 million

By May 29, 2023, 6:01 PM EDT
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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