BorgWarner Raises Stakes for Back-to-Back Indianapolis 500 Win with $360,000 Rolling Jackpot
August 11, 2020 | By Indianapolis Motor Speedway
BorgWarner once again is adding excitement to Victory Circle at the Indianapolis Motor Speedway with its rolling jackpot for the 104th Indianapolis 500 presented by Gainbridge, now totaling $360,000.
Each year, the company sweetens the pot by adding $20,000, with the lump sum up for grabs by the next driver who achieves back-to-back Indianapolis 500 wins. Established by BorgWarner in 1995 to amplify its involvement with the classic event, the prize money has only been claimed once – by Helio Castroneves in 2002 for his consecutive victories.
“BorgWarner has a long history with this prestigious motorsport event; from awarding the Borg-Warner Trophy to being the official turbocharger supplier of the race, the Indianapolis 500 is deep-seated within our company,” said Frédéric Lissalde, president and CEO, BorgWarner Inc. “The rolling jackpot that BorgWarner increases each year adds even more excitement to this legendary race.”
Back-to-back wins have been scarce in the history of the Indianapolis 500. In fact, since the inception of the race in 1911, only five lucky drivers have achieved this feat: Wilbur Shaw (1939-40), Mauri Rose (1947-48), Bill Vukovich (1953-54), Al Unser (1970-71) and most recently, Castroneves (2001-02). No driver has ever earned three straight victories.
The 2020 race is scheduled for Sunday, Aug. 23 at the Indianapolis Motor Speedway where the reigning champion, Simon Pagenaud, will have the chance to claim the jackpot. If Pagenaud does not end up in Victory Circle, the $360,000 will carry over to the 2021 race with an additional $20,000 added by BorgWarner, a leader in clean and efficient propulsion systems. If Pagenaud is the victor, the rolling jackpot will start over at $20,000 next year.
Beyond the potential of winning $360,000, this year’s winner will have their likeness permanently affixed to The Borg-Warner Trophy, which is adorned with the faces of the previous Indy 500 winners. Additionally, at a later date, the winner will be presented with a miniature version of the coveted Borg-Warner Trophy, known as the BorgWarner Championship Driver’s Trophy® or “Baby Borg” to keep for themselves.
BorgWarner Inc. (NYSE: BWA) is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. With manufacturing and technical facilities in 67 locations in 19 countries, the company employs approximately 29,000 worldwide. For more information, please visit borgwarner.com.