Palou wins $3.8M for Indy 500 win as part of record prize purse

Alex Palou, of Spain, celebrates after winning the Indianapolis 500 auto race at Indianapolis Motor Speedway in Indianapolis, Sunday, May 25, 2025. (AP Photo/Michael Conroy)

Alex Palou of Chip Ganassi Racing won $3.8 million for winning Sunday’s Indianapolis 500, which is dispersing a record prize purse of $20,283,000.

The prize for the winner was announced Monday afternoon by Indianapolis Motor Speedway. This year’s average payout for drivers in the IndyCar Series was $596,500, which exceeded last year’s average of $543,000.

In 2024, the Indianapolis 500 purse was $18,456,000, and the year’s winner payout was $4.3 million, which included a $440,000 bonus for Josef Newgarden for back-to-back wins. In 2023, the Indianapolis 500 purse was $17,021,500, and the winner earned $3.7 million. In 2022, the Indianapolis 500 purse was $16 million, and the winner earned $3.1 million.

Prior to 2022, the largest Indianapolis 500 purse was $14.4 million for the 2008 Indianapolis 500.

Pole-winner Robert Shwartzman of PREMA Racing earned Rookie of the Year honors for his performance during the Month of May. Shwartzman earned a $50,000 bonus for honor, making his total take-home prize $327,300.

Here are all of the payouts for the 2025 Indy 500:

1. Alex Palou, Chip Ganassi Racing, $3,833,500
2. David Malukas, A.J. Foyt Enterprises, $667,300
3. Pato O’Ward, Arrow McLaren, $951,000
4. Felix Rosenqvist, Meyer Shank Racing w/Curb‐Agajanian, $769,500
5. Santino Ferrucci, A.J. Foyt Enterprises, $707,500
6. Christian Rasmussen, Ed Carpenter Racing, $683,000
7. Christian Lundgaard, Arrow McLaren, $671,000
8. Conor Daly, Juncos Hollinger Racing. $682,500
9. Takuma Sato, Rahal Letterman Lanigan Racing, $298,500
10. Helio Castroneves, Meyer Shank Racing w/Curb‐Agajanian, $137,000
11. Devlin DeFrancesco, Rahal Letterman Lanigan Racing, $663,000
12. Louis Foster, Rahal Letterman Lanigan Racing, $637,000
13. Nolan Siegel, Arrow McLaren, $632,000
14. Colton Herta, Andretti Global w/Curb‐Agajanian, $630,500
15. Ed Carpenter, Ed Carpenter Racing, $118,500
16. Will Power, Team Penske, $632,500
17. Graham Rahal, Rahal Letterman Lanigan Racing. $607,500
18. Marcus Armstrong, Meyer Shank Racing w/Curb‐Agajania, $607,500
19. Jack Harvey, Dreyer & Reinbold Racing/Cusick Motorsports, $116,500
20. Scott Dixon, Chip Ganassi Racing, $632,500
21. Ryan Hunter‐Reay, Dreyer & Reinbold Racing/Cusick Motorsports, $274,000
22. Josef Newgarden, Team Penske, $657,500
23. Sting Ray Robb, Juncos Hollinger Racing, $607,500
24. Kyle Larson, Arrow McLaren, $102,000
25. Kyffin Simpson, Chip Ganassi Racing, $607,500
26. Robert Shwartzman, Prema Racing, $327,300
27. Rinus Veekay, Dale Coyne Racing, $158,800
28. Alexander Rossi, Ed Carpenter Racing, $634,000
29. Marco Andretti, Andretti Herta w/ Marco & Curb‐Agajanian, $102,000
30. Scott McLaughlin, Team Penske, $607,500
31. Marcus Ericsson, Andretti Global, $610,500
32. Kyle Kirkwood, Andretti Global, $607,500
33. Callum Ilott, Prema Racing, $155,300

Did not qualify: Jacob Abel, Dale Coyne Racing, $153,300