2024 Indy 500 Purse and Payout: A Record-Breaking Year

Shattered Records and Increased Payouts

The Indianapolis 500 has once again raised the bar for its purse, setting a new record for the third consecutive year. With a total prize fund of $17,021,500, the 108th running of the race will offer the largest payouts in its storied history.

Traditionally Generous Payouts

The Indianapolis 500 is renowned for its generous prize structure. Typically, the winner receives around 20% of the total purse. This year, the winner can expect to take home a record-breaking payout of $3,404,300.

The Indianapolis 500 purse has grown significantly in recent years. In 2008, the purse was set at $14.4 million, a record that stood for over a decade. Since then, the purse has steadily increased, reaching a new milestone this year.

The increased payouts at the Indy 500 reflect the growing popularity and prestige of the race. As one of the most iconic events in motorsports, the Indy 500 attracts top drivers and teams from around the world.