The Indianapolis 500 purse record was broken for the fifth consecutive year for the 110th Indianapolis 500 presented by Gainbridge, with first-time winner Felix Rosenqvist of Meyer Shank Racing w/Curb Agajanian earning a record-high $4.34 million from a total purse of $30,906,400.
This is the largest purse in the history of “The Greatest Spectacle in Racing” on the heels of four consecutive record-breaking years. This year’s average payout for NTT INDYCAR SERIES drivers was $936,500, which also exceeds last year’s average of $596,500.
In 2025, the Indianapolis 500 purse was $20,283,000, and the year’s winner payout was $3.8 million. In 2024, the Indianapolis 500 purse was $18,456,000 and the winner earned $4.3 million, which included a $440,000 roll-over bonus from BorgWarner for earning back-to-back wins. In 2023, the Indianapolis 500 purse was $17,021,500, and the winner earned $3.7 million. In 2022, the Indianapolis 500 purse was $16,000,200, and the winner earned $3.1 million. Prior to 2022, the largest Indianapolis 500 purse was $14.4 million for the 2008 Indianapolis 500.
“The Indianapolis 500 continues to make history, in more ways than one,” INDYCAR and IMS President J. Douglas Boles said. “The Month of May featured a back-to-back grandstand sellout crowd – our largest crowd since the 100th Running in 2016 – and intense on track action with the most lead changes ever in the Indy 500. Felix Rosenqvist added his name to the history books in stellar fashion, with the closest finish in Indy 500 history and now the largest purse. There’s no better end to a memorable month.”
Mick Schumacher of Rahal Letterman Lanigan Racing earned Indianapolis 500 Rookie of the Year honors for his performance during the Month of May. Schumacher earned a $50,000 bonus for being named Rookie of the Year, adding to a total take-home prize of $218,800.
The Indianapolis 500 purse consists of Indianapolis Motor Speedway and NTT INDYCAR SERIES awards, plus other designated and special awards. Purse awards are presented annually at the Victory Celebration, held this year at the Indiana Convention Center in downtown Indianapolis Monday night.
The next NTT INDYCAR SERIES race is the Chevrolet Detroit Grand Prix presented by Lear on Sunday, May 31 on the streets of Downtown Detroit. The race will be broadcast live on FOX, FOX One and INDYCAR Radio powered by OnlyBulls at 12:30 p.m. ET.
