Josef Newgarden could take home BorgWarner’s rolling jackpot of $440,000 if he makes it back-to-back Indianapolis 500 victories at the 108th running.
BorgWarner, the namesake of the historic trophy for the Indy 500, has increased the prize by $20,000 each year since 1995, increasing riches and monetary rewards for any driver that visits Victory Lane in consecutive years. The prize money has only been claimed once, which came courtesy of Helio Castroneves after repeat wins in “The Greatest Spectacle in Racing” in 2001 and 2002.
” To put the prize on the line for Newgarden into context, the purse size for the 33-car field in the 1962 Indy 500 was $426,152. The winner’s earnings didn’t break the mark on offer until 1985, when Danny Sullivan hit $517,662 for his famous ‘Spin and Win’ run to victory. Photo by: Brett Farmer / Motorsport Images Last year’s Indy 500 saw Newgarden take home $3.
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