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Here's how much Josef Newgarden earned for winning the Indy 500

The winner's check and total purse for the 2023 Indianapolis 500 both set records.
Credit: WTHR
Josef Newgarden is the winner of the 2023 Indy 500.

INDIANAPOLIS — Josef Newgarden's first Indianapolis 500 win earned him a record pay day. 

The Team Penske driver will collect a check for $3.666 million at Monday night's Victory Celebration. The winner's prize comes from a total purse of $17,021,500. 

Both the purse and the winner's payout are Indianapolis 500 records, according to IMS. The purse was nearly a million dollars larger than last year's total, and Newgarden's winner's check is over $500,000 more than Marcus Ericsson earned in 2022.

Ericsson took home $1.043 million for finishing second this year.

Benjamin Pedersen earned Rookie of the Year and got a $50,000 bonus to earn his team $215,300.

The average payout this year was also a record at $500,600.

Here are the final amounts for each of the drivers:

  1. Josef Newgarden - $3.66 million
  2. Marcus Ericsson - $1.043 million
  3. Santino Ferrucci - $481,800
  4. Alex Palou - $801,500
  5. Alexander Rossi - $574,000
  6. Scott Dixon - $582,000
  7. Takuma Sato - $217,300
  8. Conor Daly - $512,000
  9. Colton Herta - $506,500
  10. Rinus VeeKay - $556,500
  11. Ryan Hunter-Reay - $145,500
  12. Callum Ilott - $495,500
  13. Devlin DeFransesco - $482,000
  14. Scott McLaughlin - $485,000
  15. Helio Castroneves - $481,500
  16. Tony Kanaan - $105,000
  17. Marco Andretti - $102,000
  18. Jack Harvey - $472,000
  19. Christian Lundgaard - $467,500
  20. Ed Carpenter - $102,000
  21. Benjamin Pedersen - $215,300 (includes $50,000 Rookie of the Year bonus)
  22. Graham Rahal - $105,500
  23. Will Power - $488,000
  24. Pato O'Ward - $516,500
  25. Simon Pagenaud - $465,500
  26. Agustin Canapino - $156,300
  27. Felix Rosenqvist - $278,300
  28. Kyle Kirkwood - $465,500
  29. David Malukas - $462,000
  30. Romain Grosjean - $462,000
  31. Sting Ray Robb - $463,000
  32. RC Enerson - $103,000
  33. Katherine Legge - $102,000

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