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Indy 500 scholarship, distribution of payments: how much will the winner receive in 2021?

Perhaps the Indy 500 will be one of the biggest signs of the sport’s return to normal in 2021.

Indianapolis Motor Speedway will welcome 135,000 fans to the race, still well short of the 400,000-plus people who have often been eyewitnesses to the “Greatest Spectacle in Racing”, but it will be the biggest rally since the start of the pandemic of COVID-19.

But with the return of attendance, will the stock market return to its normal totals after being slashed for 2020?

The 2020 handbag was set to be the biggest in history, said Roger Penske, who bought the Indianapolis Motor Speedway in 2019. After the decision to stop fans from participating in the 2020 race , the purse was cut in half from about $ 15 million to $ 7.5 million because there would be no ticket sales.

Fans will be back in the stands this year, although he won’t be back at full capacity. Indianapolis Motor Speedway will only allow 40% capacity in an effort to keep fans at a distance socially.

AFTER: Here are the 5 closest Indianapolis 500 arrivals in racing history

How much does the Indy 500 winner make?

Prize money: $ 2 million (est.)

This is an estimate based on the latest Indy 500 payouts and 2019 and 2020 scholarships.

At this point, there hasn’t been a purse announced for the 2021 race, so it’s unclear what the prize for first place will look like. Given that fans will be back in the stands, it will certainly be more than the $ 1,370,500 prize Takuma Sato won for winning last year’s race, but he might not reach the top prize of 2 $ 669,529 for Simon Pagenaud, who won the Indy 500 in 2019..

According to a report from the Indianapolis Star, the winner’s prize steadily declined in terms of the percentage of the total purse won until the first winner received between 15 and 20 percent of the pot.

Still, the winner can expect a healthy salary. The second, Scott Dixon, received only $ 505,000 last year, less than half of what Sato received. The first place again in 2021 should receive a little more than the rest of the peloton.

What is the Indy 500 handbag for 2021?

Indy 500 scholarship: $ 10 million (est.)

The 2021 Indy 500 handbag hasn’t been released yet, but it’s likely somewhere between the $ 7.5 million pot in 2020 and the $ 13 million handbag in 2019.

With a 40 percent stake, Indianapolis Motor Speedway will likely be able to raise the pot. The largest gym in the world has gotten into the habit of filling up beyond the capacity of 257,325, because that’s just the number of permanent seats available. So the 40 percent figure is probably not entirely correct.

Penske had expressed interest in making the 2020 pot the biggest in racing history before the pandemic forced it to be reduced. With people paying again to take seats, he should have the chance to raise the purse beyond the pot of $ 7.5 million last year.

Indy 500 2021 payout breakdown

The payout for Indy 500 winners takes into account several factors beyond just driver placement, but each will come home with at least six digits, if recent history is any indication.

The payment structure takes into account sponsors on certain drivers as well as race day variables such as laps led and fastest laps. Last year, for example, Marco Andretti, who finished 13th, won more than all of the top four in the race.

Below are the results of last year’s Indy 500, which saw the size of its original handbag cut in half due to the coronavirus pandemic.

Pos. Driver Earnings
1. Takuma Sato $ 1,370,500
2. Scott Dixon $ 505,000
3. Graham rahal $ 403,500
4. Santino Ferrucci $ 300,000
5. Josef newgarden $ 251,000
6. Patricio o’ward $ 250,500
7. James hinchcliffe $ 100,000
8. Colton Herta $ 200,500
9. Jack Harvey $ 200,000
ten. Ryan hunter-reay $ 200,000
11. Helio Castronèves $ 100,000
12. Felix Rosenqvist $ 200,000
13. Marco andretti $ 300,000
14. Will $ 200,000
15. Zach Veach $ 200,000
16. JR Hildebrand $ 100,000
17. Max Chilton $ 200,000
18. Charlie kimball $ 200,000
19. Tony kanaan $ 200,000
20. Rinus VeeKay $ 210,000
21. Fernando Alonso $ 100,000
22. Simon pagenaud $ 210,000
23. Ben hanley $ 100,000
24. Sage Karam $ 100,000
25. Spencer pigot $ 100,000
26. Ed Carpentier $ 200,000
27. Alexandre rossi $ 200,000
28. Alex Palou $ 200,500
29. Conor Daly $ 100,000
30. Oliver askew $ 200,500
31. Dalton kellett $ 100,500
32. Marcus Ericsson $ 100,000
33. James davison $ 100,000

Indy 500 payment history

Last year’s purse was the lowest since 1992, when it was $ 7,527,450 and Al Unser Jr. took home a prize of $ 1,244,184. The winners of each race also took away a larger share of the prize, although now that percentage tends to be around 20%.

Here are all of the handbags and previous wins over the last 104 years of the Indy 500.

Year stock Exchange Winner Winner’s earnings
1911 $ 27,550 Ray harroun $ 14,250
1912 $ 52,225 Joe dawson $ 20,000
1913 $ 55,875 Jules Goux $ 20,000
1914 $ 51,675 René Thomas $ 20,000
1915 $ 51,200 Ralph DePalma $ 20,000
1916 $ 31,350 Dario Resta $ 12,000
1919 $ 55,275 Hi Wilcox $ 20,000
1920 $ 93,550 Gaston Chevrolet $ 21,400
1921 $ 86,850 Tommy milton $ 26,400
1922 $ 70,575 Jimmy murphy $ 26,200
1923 $ 83,425 Tommy milton $ 28,500
1924 $ 86,850 LL Corum / Joe Boyer $ 20,050
1925 $ 87,750 Peter De Paolo $ 28,800
1926 $ 88,100 Frank Lockhart $ 35,600
1927 $ 89,850 George Souders $ 30,625
1928 $ 90,750 Louis Meyer $ 28,250
1929 $ 95,150 Ray keech $ 31,950
1930 $ 96,250 Billy arnold $ 36,900
1931 $ 81,800 Louis schneider $ 29,500
1932 $ 93,900 Fred frame $ 31,050
1933 $ 54,450 Louis Meyer $ 18,000
1934 $ 83,775 Bill cummings $ 29,725
1935 $ 78,575 Kelly petillo $ 30,600
1936 $ 82,525 Louis Meyer $ 31,300
1937 $ 92,135 Wilbur shaw $ 35,075
1938 $ 91,075 Floyd roberts $ 32,075
1939 $ 87,050 Wilbur shaw $ 27,375
1940 $ 85,525 Wilbur shaw $ 30,725
1941 $ 90,925 Floyd Davis / Mauri Rose $ 29,200
1946 $ 115,450 George robson $ 42,350
1947 $ 137,425 Mauri rose $ 33,425
1948 $ 171,075 Mauri rose $ 42,800
1949 $ 179,050 Bill Holland $ 51,575
1950 $ 201,035 Johnnie parsons $ 57,458
1951 $ 207,650 Lee wallard $ 63,612
1952 $ 230,100 Troy ruttman $ 61,743
1953 $ 246,300 Bill vukovich $ 89,496
1954 $ 269,375 Bill vukovich $ 74,934
1955 $ 270,400 Bob sweikert $ 76,138
1956 $ 282,052 Pat flaherty $ 93,819
1957 $ 300,252 Sam hanks $ 103,844
1958 $ 305,217 Jimmy bryan $ 105,574
1959 $ 338,100 Rodger Quarter $ 106,850
1960 $ 369,150 Jim rathmann $ 110,000
1961 $ 400,000 AJ Foyt $ 117,975
1962 $ 426,152 Rodger Quarter $ 125,015
1963 $ 494,030 Parnelli jones $ 148,513
1964 $ 506,575 AJ Foyt $ 153,650
1965 $ 628,399 Jim clark $ 166,621
1966 $ 691,808 Graham Hill $ 156,297
1967 $ 734,834 AJ Foyt $ 171,527
1968 $ 712,269 Bobby unser $ 175,139
1969 $ 805,127 Mario andretti $ 206,727
1970 $ 1,000,002 Al Unser $ 271,697
1971 $ 1,001,604 Al Unser $ 238,454
1972 $ 1,011,845 Marc Donohue $ 218,767
1973 $ 1,006,105 Gordon johncock $ 236,022
1974 $ 1,015,686 Johnny rutherford $ 245,031
1975 $ 1,001,321 Bobby unser $ 214,031
1976 $ 1,037,776 Johnny rutherford $ 255,321
1977 $ 1,116,807 AJ Foyt $ 259,791
1978 $ 1,145,225 Al Unser $ 290,363
1979 $ 1,271,954 Rick mears $ 270,401
1980 $ 1,503,225 Johnny rutherford $ 318,819
nineteen eighty one $ 1,605,375 Bobby unser $ 299,124
1982 $ 2,067,475 Gordon johncock $ 290,609
1983 $ 2,411,450 Tom sneva $ 385,886
1984 $ 2,795,899 Rick mears $ 434,060
1985 $ 3,271,025 Danny sullivan $ 517,662
1986 $ 4,001,450 Bobby rahal $ 581,062
1987 $ 4,490,375 Al Unser $ 526,762
1988 $ 5,025,400 Rick mears $ 809,853
1989 $ 5,723,725 Emerson fittipaldi $ 1,001,604
1990 $ 6,325,803 Arié Luyendyk $ 1,090,940
1991 $ 7,009,150 Rick mears $ 1,219,704
1992 $ 7,527,450 Al Unser Jr. $ 1,244,184
1993 $ 7,681,300 Emerson fittipaldi $ 1,155,304
1994 $ 7,864,800 Al Unser Jr. $ 1,373,813
1995 $ 8,063,550 Jacques Villeneuve $ 1,312,019
1996 $ 8,114,600 lazy buddy $ 1,367,854
1997 $ 8,612,450 Arié Luyendyk $ 1,568,150
1998 $ 8,722,150 Eddie Cheever Jr. $ 1,433,000
1999 $ 9,047,150 Kenny Brack $ 1,465,190
2000 $ 9,476,505 Juan Pablo Montoya $ 1,235,690
2001 $ 9,610,325 Helio Castronèves $ 1,270,475
2002 $ 10,028,580 Helio Castronèves $ 1,606,215
2003 $ 10,151,830 Gil de Ferran $ 1,353,265
2004 $ 10,250,580 Buddy rice $ 1,761,740
2005 $ 10,304,815 Dan Wheldon $ 1,537,805
2006 $ 10,518,565 Sam Hornish Jr. $ 1,744,855
2007 $ 10,668,815 Dario Franchitti $ 1,645,233
2008 $ 14,406,580 Scott Dixon $ 2,988,065
2009 $ 14,315,315 Helio Castronèves $ 3,048,005
2010 $ 13,592,815 Dario Franchitti $ 2,752,055
2011 $ 13,509,485 Dan Wheldon $ 2,592,255
2012 $ 13,285,815 Dario Franchitti $ 2,474,280
2013 $ 12,020,065 Tony kanaan $ 2,353,355
2014 $ 14,231,760 Ryan hunter-reay $ 2,491,194
2015 $ 13,397,315 Juan Pablo Montoya $ 2,449,055
2016 $ 13,273,253 Alexandre rossi $ 2,548,743
2017 $ 13,178,359 Takuma Sato $ 2,458,129
2018 $ 13,078,065 Will $ 2,525,454
2019 $ 13,090,536 Simon pagenaud $ 2,669,529
2020 $ 7,502,500 Takuma Sato $ 1,370,500





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