The Indianapolis 500 made headlines again, breaking its purse record for the fifth straight year. This year, the total purse reached an impressive $30.9 million, with first-time winner Felix Rosenqvist taking home $4.34 million. This payout marks the largest in the race’s storied history.
In fact, the average payout for drivers in the NTT INDYCAR SERIES jumped to $936,500, significantly up from $596,500 last year. This trend of increasing payouts highlights the expanding financial landscape of motorsport.
To put it in perspective, the purse was over $20 million just a few years ago. In 2025, it sat at $20.3 million, with the winner claiming $3.8 million. In 2023, the total purse was $17 million, showing a clear upward trajectory.
J. Douglas Boles, the President of INDYCAR and IMS, praised the event’s legacy. He noted this year’s sellout crowd during the Month of May was the largest since the 100th Running in 2016. With more lead changes than ever in Indy 500 history, this race was exciting for fans and participants alike.
Mick Schumacher, racing for Rahal Letterman Lanigan Racing, won the Rookie of the Year title and took home $50,000 in bonus earnings. His total prize for the month reached $218,800.
The Indianapolis 500 purse includes awards from the Indianapolis Motor Speedway and NTT INDYCAR SERIES, with special awards presented at the Victory Celebration. This year’s event occurred at the Indiana Convention Center.
As motorsport continues to evolve, it’s interesting to see how driver earnings and overall race prizes grow. With trends of increasing pay, it’s clear that the Indianapolis 500 remains a pinnacle of auto racing. For those eager for more racing action, the next NTT INDYCAR SERIES event is the Chevrolet Detroit Grand Prix on May 31, airing live on FOX and INDYCAR Radio.
For more details, check INDYCAR.

