Alex Palou Indy 500 prize money: How much will winner take home. And what about the rest?
Alex Palou made history on Sunday by becoming the first Spaniard to win the Indianapolis 500. The 28-year-old, driving for Chip Ganassi Racing, held off Marcus Ericsson for a close victory. With the title, the Spain-born driver will take home a whopping prize money.
The Indy 500 purse is among motorsport's largest, funded by Indianapolis Motor Speedway (IMS), NTT IndyCar Series awards, sponsors, and TV revenue. In 2024, the purse reached a record $18,456,000, with winner Josef Newgarden earning $4,288,000, including a $440,000 BorgWarner rollover bonus for back-to-back wins.
The purse has grown steadily, from $16,000,200 in 2022 to $17,021,500 in 2023, and is expected to hit or exceed $19 million in 2025, per IndyStar estimates.
Approximately 20% of the purse goes to the winner, with the rest distributed among the 33-driver field based on finishing position, laps led, and special awards.
Palou's 2025 winnings are projected at $3.8 million to $4.5 million, assuming a purse of $19 million and no rollover bonus (since he's a first-time winner).
Base Winner's Share: Historically, winners receive ~15–20% of the purse, equating to ~$3.8 million for a $19 million pot.
Laps Led Bonus: Palou led at least 14 laps, with each lap led worth ~$5,000–$10,000 based on 2024 payouts, adding $70,000–$140,000.
Qualifying and Practice Awards: Despite starting sixth, Palou's fast practice laps (226.765 mph) and Top 12 qualifying (233.043 mph) likely earned $10,000–$50,000 in bonuses, per IndyCar.com.
Chartered Team Boost: The 2025 IndyCar charter system grants higher payouts to chartered teams like Chip Ganassi Racing, increasing Palou's share over non-chartered entries.
The remaining purse is distributed progressively, with second-place Marcus Ericsson likely earning ~$1.05 million (as Pato O'Ward did in 2024) and the average driver payout around $550,000, up from $543,000 in 2024.
Special awards, like the $50,000 Rookie of the Year bonus (won by Kyle Larson in 2024), add to individual earnings. Pole-sitter Robert Shwartzman earned $100,000 for his historic rookie pole.
The exact payout is only revealed after the race.
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