Formula 1: Vettel snatches pole from teammate Raikkonen in China

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Scuderia Ferrari had its second consecutive front row lockout of the 2018 FIA Formula 1 World Championship season, with Sebastian Vettel nipping teammate Kimi Raikkonen to take the pole for Sunday’s Chinese Grand Prix.

Raikkonen had been on the pole for much of Q3, and even bettered his own time on his final run, clocking in a time of 1:31.182. However, only seconds later, Vettel eclipsed that time by less than one tenth of a second, turning a 1:31.095 on his final run to grab the pole, setting a new lap record around the Shanghai International Circuit in the process.

The second consecutive all-Ferrari front row is the first time the team has achieved such a feat since 2006, at the U.S. Grand Prix and the French Grand Prix.

Mercedes AMG Petronas saw Valtteri Bottas and Lewis Hamilton qualify third and fourth, with neither driver able to get within range of the Ferraris at any point during qualifying and ultimately falling half a second behind them at the end of Q3.

Of note: Ferrari and Mercedes will start the race on the soft compound Pirellis – they used those tires during Q2, which locks in which tires teams will use to start the race. All other Top 10 qualifiers will start on the ultrasofts.

Red Bull Racing saw Max Verstappen and Daniel Ricciardo qualify fifth and sixth, with the team making a herculean effort to get Ricciardo into qualifying after they had to make a power unit change following third practice. They were able to get Ricciardo out for Q1 with only a couple minutes remaining, giving him just enough time to turn in a lap good enough to advance him into Q2.

Renault Sport F1 Team’s Nico Hulkenberg was seventh, followed by Sahara Force India’s Sergio Perez in eighth. Carlos Sainz Jr. was ninth in the sister Renault, while Haas F1 Team’s Romain Grosjean rounded out the Top 10.

Scuderia Toro Rosso’s Pierre Gasly, who finished fourth at the Bahrain Grand Prix last weekend, failed to advance out of Q1, qualifying 17th.

Results are below. Sunday’s Chinese Grand Prix rolls off at 2:00 a.m. ET.

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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