Dixon opens as PointsBet favorite to win Texas IndyCar

Last year’s NTT IndyCar champion Scott Dixon is the early line favorite at PointsBet Sportsbook to win the Genesys 300 at Texas Motor Speedway as the series visits the first oval of the season this Saturday, May 1 (7 p.m. ET, NBC).

After finishing third at Barber Motorsports Park and fifth on the Street and Road course of St Petersburg, the Chip Ganassi Racing pilot is listed at +400. Dixon won last year’s Genesys 300 after starting on the outside pole and leading 157 of 200 laps. Dixon also won at Texas in 2018.

One way to view American Odds is to move the decimal point two positions to the left. That will let a bettor know what they will make on a $1 bet, so the return on investment for Dixon this week is $4.00. For bettors more comfortable with fractional odds, a bet of +400 is the same as 4/1.

Will Power and Josef Newgarden are ranked second with +525 odds.

Newgarden is the 2019 Texas winner. He finished third in this race last year.

Power’s best finish at Texas in the last three years was ninth in 2019, but he won there in 2017.

Alexander Rossi (+800), Simon Pagenaud (+900) and Patricio O’Ward (+900) round out the top-five ranked drivers at PointsBet.

A little yeehaw from 2019. 😳#IndyCar @TXMotorSpeedway #allandretti @IndyCaronNBC pic.twitter.com/C7dy2ua47c

— Alexander Rossi (@AlexanderRossi) April 28, 2021

Graham Rahal, who finished third in 2019, currently posts odds of +3000.

Last year Ed Carpenter finished fifth in this race. He is listed with +6000 odds this week.

Another recent top-five finisher at Texas with long odds this week is Ryan Hunter-Reay. He was fifth in both the 2018 and 2019 Texas races and can be secured with at +3500. Last year, he finished eighth.

Colton Herta won the most recent IndyCar race at St. Petersburg while he was listed at the favorite at +300. This week on the oval, he is the seventh-ranked driver at +1300, which is precisely where he finished the 2020 Genesys 300.

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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

Scott Dixon opens as early PointsBet favorite to win in IndyCar at Texas Motor Speedway

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

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