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What is the prize money for the Indianapolis 500?

The 2026 Indy500 takes place on Sunday 24th May, with 33 drivers set to compete for the biggest prize purse in IndyCar history.

2025's record breaking figure is set to be overtaken by almost $2m in line with the 10-12% yearly growth of the sport and its finances.

For the first ever Indy500 back in 1911 the total purse was $27,550, which works out at 0.1% of the 2026 prizes.

Indianapolis 500

2026 Indy500 Prize Purse

The total prize purse for the 2026 Indy500 is yet to be confirmed by IndyCar and the Indianapolis Motor Speedway.

However, estimations sit at around $22,000,000 in line with the aforementioned 10-12% year on year growth and 2025's prize pot of $20,283,000

Indy500 Prize Breakdown

With the 2026 figures unconfirmed, the breakdown from 2025's race is as follows:

1) Alex Palou

$3,833,500

18) Marcus Armstrong

$607,500

2) David Malukas

$667,300

19) Jack Harvey

$116,500

3) Pato O'Ward

$951,000

20) Scott Dixon

$632,500

4) Felix Rosenqvist

$769,500

21) Ryan Hunter-Reay

$274,000

5) Santino Ferrucci

$707,500

22) Josef Newgarden

$657,500

6) Christian Rasmussen

$683,000

23) Sting Ray Robb

$607,400

7) Christian Lundgaard

$671,000

24) Kyle Larson

$102,000

8) Conor Daly

$682,500

25) Kyffin Simpson

$607,500

9) Takuma Sato

$298,500

26) Robert Schwartzman

$327,300

10) Helio Castroneves

$137,000

27) Rinus Veekay

$158,800

11) Devlin DeFrancesco

$663,000

28) Alexander Rossi

$634,000

12) Louis Foster

$673,000

29) Marco Andretti

$102,000

13) Nolan Siegel

$632,000

30) Scott McLaughlin

$607,500

14) Colton Herta

$630,500

31) Marcus Ericsson

$610,500

15) Ed Carpenter

$118,500

32) Kyle Kirkwood

$607,500

16) Will Power

$632,500

33) Callum Ilott

$155,300

17) Graham Rahal

$607,500

N/A) Jacob Abel

$153,300

Alex Palou's $3,833,500 takeaway dwarfs some of the Formula 1 driver's salaries for the entire season, while in 2024 Josef Newgarden took home a monstrous $4.28m thanks to bonuses received for going back-to-back.

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