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Thursday, May 30, 2024

Newgarden up for Indy 500 defence bonus

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BorgWarner, the namesake of the historic trophy for the Indy 500, has elevated the prize by $20,000 annually since 1995, growing riches and financial rewards for any driver that visits Victory Lane in consecutive years.

The prize cash has solely been claimed as soon as, which got here courtesy of Helio Castroneves after repeat wins in “The Best Spectacle in Racing” in 2001 and 2002.

For the reason that first race in 1911, solely 4 different drivers have managed to assert back-to-back Indy 500 wins, together with Wilbur Shaw (1939-1940), Mauri Rose (1947-1948), Invoice Vukovich (1953-1954) and Al Unser Sr (1970-1971).

“BorgWarner appears to be like ahead to the joy of the Indianapolis 500 yearly, and we’re thrilled to extend the stakes even additional for Josef Newgarden this 12 months with the rolling jackpot prize,” stated BorgWarned president and CEO Frédéric Lissalde.

“We’re anxious to see if Newgarden will meet me in Victory Circle for the second consecutive 12 months and money in on the jackpot for the primary time in over 20 years.”

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To place the prize on the road for Newgarden into context, the purse measurement for the 33-car discipline within the 1962 Indy 500 was $426,152. The winner’s earnings didn’t break the mark on supply till 1985, when Danny Sullivan hit $517,662 for his well-known ‘Spin and Win’ run to victory.

Photograph by: BorgWarner

Final 12 months’s Indy 500 noticed Newgarden take dwelling $3.666 million after his dramatic last-lap victory over 2022 winner Marcus Ericsson, who was half a lap away from gathering a BorgWarner jackpot of $420,000.

Past successful the rolling jackpot, if Newgarden wins once more, he’ll as soon as once more have the respect of his likeness being sculpted, solid in sterling silver and mounted on the enduring Borg-Warner Trophy.

Following the celebrations, he will probably be offered with the BorgWarner Championship Driver’s Trophy – or the “Child Borg” – a miniature model of the a lot bigger 110-pound sterling silver Borg-Warner Trophy.

If Newgarden doesn’t win, the funds for the jackpot will roll over to the 2025 Indy 500 with an extra $20,000 to the entire prize.

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