Official Indy 500 financial announcements

Team Penske’s Josef Newgarden Wins Record $4.288 Million in 2024 Indy 500, $18.456 Million Purse

May 27, 2024, 09:32 PM

Josef Newgarden, a Team Penske driver, emerged as the top earner in the 2024 Indy 500, securing a record-setting $4.288 million in winnings. This amount includes a $440,000 bonus from BorgWarner for his consecutive victories. Newgarden's victory contributed to a record total purse of $18.456 million for the event. Pato O’Ward, who finished second, received $1,050,500 from the purse. The 2024 Indy 500 has set new financial benchmarks, reflecting the growing stakes and rewards in the motorsport.