• Loading stock data...
Monday, July 15, 2024

The Highest-Paid IndyCar Drivers

Mar 10, 2024; St. Petersburg, Florida, USA; Indycar driver Josef Newgarden (middle) celebrates winning the Grand Prix of St. Petersburg. Indycar driver Patricio O'Ward (left) celebrates winning second and Indycar driver Scott McLaughlin (right) celebrates winning third.
Peter Casey-USA TODAY Sports

Interest in IndyCar is on a wave of growth, with millions of viewers tuning in for races. More media attention and fan interest has equated to bigger paydays for the highest-paid IndyCar drivers.

Marcus Ericsson earns $3.1 million to lead the way as the highest-paid IndyCar driver. He drove in Formula 1 for four years between 2014 and 2018 before the switch to IndyCar. 

Ericsson is in his first season racing with the Andretti Global team. He won the Indy 500 in 2021 and has four total career wins in the IndyCar Series.

Second among the highest-paid drivers is Pato O’Ward of Arrow McLaren. He earns $1 million annually driving the number five Chevrolet for the team. O’Ward’s best finish came in 2021 when he finished third at the end of the season. He’s secured two top five finishes and four top ten finishes so far in his career. 

Driving under Chip Ganassi Racing, Scott Dixon earns $707K to place him third. He’s the longest tenured driver in Chip Ganassi Racing team history signing with them in 2002. Dixon is also the winningest active IndyCar Series driver with six championships. His 58 career wins in nine away from the all-time record. 

Fourth is Felix Rosenqvist bringing in $570.5K. The Meyer Shank Racing driver won the 2019 IndyCar Series Rookie of the Year award.

He started his career racing under Chip Ganassi Racing team until 2021. Rosenqvist has six poles in his career and 17 top five finishes.

Alex Palou rounds out the top five earning $569.6K annually with Chip Ganassi Racing. He’s won the IndyCar Series twice in his career. Raised in Barcelona, Palou began his career racing in Europe and Asia before making his debut in the IndyCar Series in 2020. He’s the first Spanish-born driver to win the IndyCar Series.

Starting as an underdog to other racing leagues, IndyCar and its drivers are now beginning to earn big wages similar to the more established leagues.

Meyer Shank Racing team has most drivers represented among the highest-paid IndyCar drivers with three.

Collectively, the three Meyer Shank Racing drivers earn $1.6 million, just over half of what Marcus Ericsson earns a year as the highest-paid.

Ranking The Highest-Paid IndyCar Drivers

Here is the entire list of the highest-paid IndyCar drivers. The list was compiled with data from IndyChronicle and IndyCar.

  • Updated: June 17, 2024
RankDriverTeamTotal Compensation
1Marcus EricssonAndretti Global$3.1 million
2Pato O’WardArrow McLaren SP$1 million
3Scott DixonChip Ganassi Racing$707K
4Felix RosenqvistMeyer Shank Racing$570.5K
5Alex PalouChip Ganassi Racing$569.6K
6Alexander RossiArrow McLaren SP$548K
7Conor DalyMeyer Shank Racing$527.1K
8Simon PagenaudMeyer Shank Racing$507K
9Josef NewgardenTeam Penske$500K
10Will PowerTeam Penske$450K
11Colton HertaAndretti Global$400K
T-12Rinus VeeKayEd Carpenter Racing$350K
T-12Romain GrosjeanJuncos Hollinger Racing$350K

Related lists:

Copy Link
Link Copied
Link Copied

What to Read

May 2, 2015; Las Vegas, NV, USA; Referee Kenny Bayless (center) separates Manny Pacquiao (left) from Floyd Mayweather during their boxing bout at the MGM Grand Garden Arena. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports

The Most Watched Boxing Matches Ever

The most-watched boxing match was the 2015 bout between Floyd Mayweather and Manny Pacquiao which drew 4.6 million PPV buys.

Dan Hurley Finally Has New UConn Deal After Dramatic Offseason

Hurley is now the second-highest-paid coach in college basketball. 
Jul 6, 2024; Indianapolis, Indiana, USA; Indiana Fever guard Caitlin Clark (22) smiles in an interview after becoming the first rookie to have a triple-double during a game against the New York Liberty at Gainbridge Fieldhouse. Mandatory Credit: Grace Smith/INDIANAPOLIS STAR-USA TODAY Sports

The 10 Most Watched WNBA Games of All Time

The first WNBA game ever televised holds the title as the most-watched WNBA game, attracting 5.04 million viewers.
Jul 7, 1998; Denver, CO, USA; FILE PHOTO; American League shortstop Alex Rodriguez (3) of the Seattle Mariners reacts with catcher Ivan Rodriguez (7) of the Texas Rangers against the National League during the 1998 MLB All-Star Game at Coors Field. Mandatory Credit: V.J. Lovero-USA TODAY NETWORK

The Most Watched MLB All-Star Games of All Time

The 1976 MLB All-Star Game is the most-watched game with 36.3 million viewers.
podcast thumbnail mobile
Front Office Sports Today

Formula E is Powering Its Own Future


Featured Today

Jan 7, 2024; Nashville, Tennessee, USA; Jacksonville Jaguars wide receiver Calvin Ridley (0) reacts after scoring a touchdown against the Tennessee Titans during the first half at Nissan Stadium.

Without Hard-Line Bans, Pro Athletes and Personnel Will Keep Betting on Sports

Penalties often aren’t stringent or consistent enough to deter banned behavior.
Oct 2, 2021; Miami Gardens, FL, USA; NFL commissioner Roger Goddell speaks during the Don Shula Celebration of Life at Hard Rock Stadium.
July 13, 2024

The NFL Is Confident It Can Overturn the Sunday Ticket Verdict

The league may have good reason to believe it can win.
July 8, 2024

NFLPA Report Cards Have Become the ‘Talk of the Locker Room’ Across..

NFLPA report cards have become the ‘talk of the locker room.’
July 7, 2024

The New College Sports Insiders Are Graphic Designers

Joe Tipton and Hayes Fawcett have become premier news-breakers on social media.
Jul 11, 2024; London, United Kingdom; Barbora Krejcikova (CZE) celebrates after match point against Elena Rybakina (KAZ)(not pictured) in a ladies' singles semifinal of The Championships Wimbledon 2024 at The All England Lawn Tennis Club.
July 13, 2024

Krejčíková Wins Wimbledon and $3.45 Million First-Place Prize

This year’s tournament had a record purse of $64 million.
July 14, 2024

Carlos Alcaraz Starts Huge Day for Spain With Wimbledon Title

It’s a great day to be a Spaniard.

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
July 12, 2024

Jalen Brunson Agrees to Give Knicks Stunning $100 Million Discount

He is sacrificing a staggering amount of money.
July 12, 2024

Copa América Gets Near-Ideal Miami Final After Sometimes Rocky Tournament

Argentina and Colombia face off Sunday evening.
Tony Romo at the American Century Championship in Lake Tahoe
July 11, 2024

One of the Hottest Celebrity Wait Lists Is a Golf Tournament

The American Century Championship tees off Friday.
July 11, 2024

Teenage Sprinting Prodigy Sues Gatorade After Positive Test

Issam Asinga alleges Gatorade gave him contaminated gummies.