| L INDIANAPOLIS (Monday, May 26, 2025) – The Indianapolis 500 purse record was broken for the fourth year in a row for the 109th Running of the Indianapolis 500 presented by Gainbridge, with first-time winner Alex Palou of Chip Ganassi Racing earning $3.8 million from a total purse of $20,283,000.This is the largest purse in the century-plus history of “The Greatest Spectacle in Racing” on the heels of four consecutive record-breaking years. This year’s average payout for NTT INDYCAR SERIES drivers was $596,500, which also exceeds 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 roll-over bonus from BorgWarner for earning 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 $16,000,200, and the winner earned $3.1 million. Prior to 2022, the largest Indianapolis 500 purse was $14.4 million for the 2008 Indianapolis 500. “The Indianapolis 500 is the greatest race in the world, and winning this race makes history in more ways than one,” INDYCAR and IMS president J. Douglas Boles said. “The Month of May featured a grandstand sellout crowd and intense on-track action. Alex Palou adds Indianapolis 500 winner to his long list of growing achievements and takes home the largest purse in Indianapolis 500 history. There’s no better way to end an epic month.” Pole-winner Robert Shwartzman of PREMA Racing earned Indianapolis 500 Rookie of the Year honors for his performance during the Month of May. Shwartzman earned a $50,000 bonus for being named Rookie of the Year, adding to a total take-home prize of $327,300. The Indianapolis 500 purse consists of Indianapolis Motor Speedway and NTT INDYCAR SERIES awards, plus other designated and special awards. Purse awards are presented annually at the Victory Celebration, held this year at the JW Marriott in downtown Indianapolis Monday night. The next NTT INDYCAR SERIES race is the Chevrolet Detroit Grand Prix presented on Sunday, June 1 on the streets of Downtown Detroit. The race will be broadcast live on FOX and the INDYCAR Radio Network at 12:30 p.m. ET. |
Tag: Robert Shwartzman
The Stuff Dreams Are Made Of
The smile never left his face during the press conference. He seemed eerily calm considering that he had just rocked the IndyCar world.
Robert Shwartzman reflected on his pole winning run.
“I was just thinking in my dreams fantasizing, How will it feel
to take pole position in Indy 500? How is the vibe? Then I
was, like, Yeah, Robert, get back to reality. You have a
new car, new team, you are a rookie. How can you expect
to be in this position? It’s just in your dreams.
But still I was keeping that tiny dream deep inside like
maybe, maybe.”
It was am improbable result for a driver and team that quite honestly looked lost the first five races of the season and was near the bottom of the speed charts in Tuesday’s opening practice.
Shwartzman first saw the Indianapolis 500 while in Monaco during the F1 weekend.
“I was just as a kid, let’s say, just watching the Formula 1 race, and at the same time it was going the Indy 500 race. So, there was
my friends and sponsors, and they invited me to a yacht,
like the part of Monaco. I was just sitting there. It was no
Formula 1 running. It was actually after the race of
Formula 1. Normally Monaco is quite boring, as we know.
There is not many possibilities of overtaking. It’s more
quallie race for me.
Then we were just sitting there, and on the TV there was
Indy 500 race running there. Honestly I was just looking. It
was so much more exciting. I was just, like, Damn, until
last turn you don’t know who is going to win. I was being
like, Okay, this guy is fast, he’s going to win, and then all of
a sudden, no, he’s getting overtaken and then another guy
and another guy. The rotation is always changing.
That was the first member, Damn, this is amazing. This is
proper battle.”
On Shwartzman’s team is chief engineer Eric Leichtle, who was Josef Newgarden’s engineer in 2022, and Ryan Briscoe is his driver coach.
In answer to a question about the situation in Israel, his homeland, Shwartzman called for peace.
“I just want peace in the world. I want people to be good, and I don’t want the separation of countries saying this is bad country, this is
good country. There is no bad or good. We’re all human
beings. We just have to support each other and respect
each other.”
Any concerns I had about a rookie leading the field to green melted away with that statement. Shwartzman will be fine, and he has another dream to fulfill.
I will have a full qualification wrap up later today.
Shwartzman on Pole; Penske Disqualified
I have witnessed many wild last days of qualifying, and May 18, 2025, will go down as one of the wildest. A rookie on pole for the first time in 42 years, a top team failing to get on track to try for the pole, a top contender crashing in practice made for a day of swirling emotions.
Robert Shwartzman, a rookie driver on a rookie team, will lead the field to the green flag next Sunday. He struggled to find speed the first three days of practice and was on most people’s list to be the bumped car.
The day began with Scott McLaughlin crashing heavily in turn two. The impact tore the left rear wheel off of the car and gouged the track. McLaughlin was cleared to drive, but the car would not be ready in time. to qualify.
Penske’s woes were not over. Josef Newgarden’s car failed tech and was excluded from qualifying. Will Power’s car was also withdrawn for the same issue. The teams had violated a rule by modifying the attenuator. They had filled in the seams. Team Penske will start in the fourth row. McLaughlin will start10th, Newgarden 11th, and Power 12th.
Shwartzman’s run to the fast 12, then the Fast Six, is an incredible tale. At the media availability after qualifying, Shwartzman said he dreamed of winning the pole, but then told himself to “get back to reality.”
Iwill have more on him tomorrow in my Qualifications wrap up. Thanks for following along this weekend.
Qualifying Wrap Up
Photo- Robert Shwartzman (L) and Conor Daly- the ecstasy and agony of Indy 500 Qualifying
Big hits and near misses were the themes of the opening day of qualifying at IMS today. From a somber beginning to an exciting final run, the day contained all the drama a fan could ask for in a qualifying day.
Marcus Armstrong spun and hit the first turn wall in the first few minutes of morning practice. the car was destroyed, and Armstrong rode the ambulance to the infield care center. He was cleared to drive three hours later.
Pato O’Ward took the top spot after his run and held it for several hours.
Colton Herta got loose in turn 1 on his first qualifying lap. The car got airborne, flipped, and slid to the exit of turn 2. Herta got out of the car and walked to the medical van. He was released and cleared to drive.
Conor Daly earned cheers with a run to fifth place around noon, only to be disqualified for failing tech inspection. He returned around three and qualified 16th, but he saved the real drama for the end of the day.
Alex Palou ran the fastest average of the day and held it for the rest of day, despite challenges from Scott McLaughlin and Josef Newgarden.
Shwartzman finds speed– Rookie Robert Shwartzman went from being in danger of missing the race with slow speed early in the week to a spot in the top 12 for tomorrow’s second round. Shwartzman turned the sixth fastest average today.
Disappointments- Kyle Kirkwood appeared to be a contender for the Fast 12, but qualified 25th. Rinus VeeKay, who had qualified in the top 12 three straight years, will need to make the field tomorrow.
Relief for Rahal- Graham Rahal had the 30th fastest speed and is locked in the field. The last couple of years have been a struggle for Rahal to qualify. He failed to qualify forthe race in 2023, but replaced the injured Stefan Wilson.
Late Drama- With kess than 2 hours remaining Colton Herta and Marcus Armstrong were ready to make qualifying runs. Herta barely squeaked in in 29th, but Armstrong will have to attempt to make the last row tomorrow. It was a heroic effort by their teams to get vars on track.
Conor Daly went out in a final attempt to make the top 12 as time was running out. His first three laps gave him an average good enought to advance to Sunday, but the fourth lap fell off too much and he will start 13th. The hometown crowd went home a bit disappointed.
“I didn’t get the weight jacker back in time.” Daly said afterwards. He missed 12th place by 0.84 miles per hour.
The windy conditions played havoc with many qualifying runs, but in the end the breezy situations, which were different in each turn, created an interesting ace day lineup.
Tomorrow the pole is up for grabs and four cars vie for4 the final three spots on the grid.
Results
Full results including all attempts

Current grid by car number

PREMA Launch- a New Standard for Team Launches?
PREMA’s Indycar team launch on Friday made a strong statement as to the team’s serious intent to compete in IndyCar. The event was a splashy affair, hosted by motorsport commentator Will Buxton, who introduced team owner Rene Rosin, Penske Entertainment CEO Mark Miles. PREMA IndyCar director Piers Phillips. and PREMA’s drivers, Callum Ilott and Robert Shwartzman. Shwartzman will be the first Israeli born driver in the series.
If you missed it, here is the link to the YouTube event. Warning- there is a 15-minute countdown at the beginning. You’ll want to fast forward through.
Romain Grosjean has signed as a reserve driver for the team, and Ryan Briscoe will take on an advisory role. The team has also added engineer Michael Cannon. All in all, the new entry to the series is beginning with quite a solid supporting lineup.
PREMA faces many obstacles in his inaugural IndyCar season, which I will discuss at a later date. Friday was a day for celebration and optimism as the American open wheel series welcomes a new membr.
The car will carry the colors of the Italian flag. I like the color scheme.

Ilott will drive car 90, and Shwartzman will be the pilot of car 83. Thye numbers reflect significant dates in the history of the team. The team began in 1983. 1990 saw PREMA’s first championship.
Friday’s program was very well done, and I would like to see other IndyCar teams do a similar season kickoff. It’s a great way to have a day of publicity for each team. It would be a boost for the smaller teams who don’t get much attention once the racing starts.
Shwartzman Returns to PREMA for IndyCar Debut
From PREMA:

PREMA Racing is thrilled to announce that Robert Shwartzman will be joining the team for the 2025 NTT INDYCAR SERIES. Reuniting with the PREMA family after a successful stint in Endurance racing, the 25-year-old Israeli will return to single-seaters, completing the team’s Chevrolet-powered effort for the upcoming season.
Shwartzman joined PREMA for the first time in 2018, claiming third place in the FIA Formula 3 European Championship and ending up as the top rookie of that year, to which he added the Toyota Racing Series title. In 2019, he cruised to the inaugural FIA Formula 3 Championship title of the new era, kicking off PREMA’s dominant form in the series.
He stayed with the team for his jump to the FIA Formula 2 Championship, where he achieved six wins and 14 podium finishes in two seasons, becoming vice-champion in 2021. He made his Formula 1 testing debut in 2020 with Scuderia Ferrari, continuing to test with the Italian squad and Haas F1 Team the following year.
In 2022, he was appointed as a test driver by Scuderia Ferrari and made several Formula 1 testing and free practice appearances, while also performing simulator duties. In 2023, after joining the Italian manufacturer’s F1 reserve driver pool, he entered the GT World Challenge Europe Endurance Cup, securing one win. For 2024, he was confirmed as a reserve driver in Formula 1, and made his prototype racing debut, driving a Ferrari 499P in the FIA World Endurance Championship. After taking part in his maiden Le Mans 24 Hours, he delivered a memorable win at the Lone Star Le Mans in Austin.
Coming back to PREMA Racing, he will be joining forces with fellow alumni Callum Ilott for the team’s ground-breaking INDYCAR debut. While facing new challenges, including racing on ovals, his raw speed, experience, and insight into the team’s work ethic and method will make him a brilliant asset for the coming season and beyond.
Rene Rosin – Team Owner, PREMA Racing
“We are extremely delighted to welcome Robert back to the PREMA family. We have had some exceptional seasons together, winning a lot of races and the 2019 FIA F3 title, and we also thoroughly enjoyed working with him. He is an extremely talented driver and I think that, by working together, we will be able to overcome the steep learning curve that lies ahead of us. I cannot wait to see him and Callum compete under the PREMA banner again.”
Piers Phillips – CEO, PREMA Racing INDYCAR
“Having completed our line-up is a major step forward as our operation continues to prepare for its first INDYCAR season. Robert has a very impressive resume and has been competitive everywhere he went, from single-seaters to GT and prototypes. We think his skills and versatility will help him considerably, and will also help our team to learn faster and be more efficient. We look forward to getting the work started with Robert, Callum and Chevrolet as soon as possible.”
Robert Shwartzman
“I’m definitely very very excited to be back at PREMA to start a new adventure in INDYCAR. Everything will be new to us and there will be many challenges, but it will also be a lot of fun and a lot of work at the same time. I think a very successful future lies ahead for us. INDYCAR is a very competitive series, with so many strong drivers, and I’m looking forward to the racing, as it looks really cool. I have never driven on ovals and to master them, it will be a completely new challenge. However, with PREMA we achieved a lot in the past, and I think that my F1 and Endurance experience will be helpful to make us evolve fast and get up to speed quickly.”
