2023 Indianapolis 500 Odds - IndyCar Series Betting

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IndyCar Series Indianapolis 500 Betting

The 2023 Indianapolis 500 takes place on Sunday with Alex Palou and Scott Dixon listed as co-favorites at odds of +650. Pato O’Ward is listed as the third choice in Indy 500 odds at +725. There are nine other drivers listed at odds of less than +2000, including two-time Indy 500 winner Takuma Sato.  There are a total of nine former Indy 500 winners in the field led by four-time winner Helio Castroneves. The 200-lap race is set for Sunday, May 28 at Indianapolis Motor Speedway. A total of 33 drivers will look to win the race, led by pole sitter Alex Palou and perennial Indy 500 disappointment, Scott Dixon who are both listed at odds of +650. The average age of the drivers is 31.8 years with 15 countries being represented. A total of 17 drivers will use Chevrolet engines, while 16 drivers will use Honda engines. This year’s Indy 500 field had the fastest average qualifying speed in history at 232.184, topping last year’s previous record of 231.023.

2023 Indianapolis 500 At a Glance

Date: Sunday, May 28, 2023

Racetrack: Indianapolis Motor Speedway, Indianapolis, IN

Track Length: 2.5 miles

Total Laps: 200

Defending Champion: Marcus Ericsson

No race in the United States has the history or pageantry of the Indianapolis 500. This will be the 107th running of this race, and 300,000 fans will be in the stands. We are sure to see plenty of excitement as drivers look to drink the milk and kiss the bricks at Indianapolis Motor Speedway, but that latter tradition is relatively recent. Dale Jarrett was the first driver to ceremoniously kiss the bricks after winning the Brickyard 400 in 1996.

2023 Indianapolis 500 Betting Odds

Alex Palou +650

Scott Dixon +650

Pato OWard +725

Takuma Sato +1050

Alexander Rossi +1100

Marcus Ericsson +1225

Rinus Veekay +1350

Felix Rosenqvist +1350

Scott McLaughlin +1350

Josef Newgarden +1550

Will Power +1400

Santino Ferrucci +1400

Tony Kanaan +2000

Colton Herta +2000

Kyle Kirkwood +2000

Helio Castroneves +2500

Conor Daly +2800

Romain Grosjean +3200

Benjamin Pedersen +3500

Ed Carpenter +4500

Simon Pagenaud +4500

David Malukas +4500

Ryan Hunter-Reay +5000

Marco Andretti +5000

The most accomplished driver in the IndyCar Series is looking for just his second Indy 500 win. Scott Dixon has won a record six IndyCar driver’s championships, but his lone Indy 500 victory came in 2008. Dixon is the co-favorite to kiss the bricks here on Sunday despite his bad luck at the Indy 500.

2023 Indy 500 Starting Grid

Starting Position, (Car Number), Driver, Team, Engine, Qualifying Speed

Alex Palou (10), Chip Ganassi Racing, Honda

Rinus Veekay (21), Ed Carpenter Racing, Chevrolet

Felix Rosenqvist (6), Arrow McLaren, Chevrolet

Santino Ferrucci (14), A.J. Foyt Racing, Chevrolet

Pato O’Ward (5), Arrow McLaren, Chevrolet

Scott Dixon (9), Chip Ganassi Racing, Honda

Alexander Rossi (7), Arrow McLaren, Chevrolet

Takuma Sato (11), Chip Ganassi Racing, Honda

Tony Kanaan (66), Arrow McLaren, Chevrolet

Marcus Ericsson (8), Chip Ganassi Racing, Honda

Benjamin Pederson (55), A.J. Foyt Racing, Chevrolet

Will Power (12), Team Penske, Chevrolet

Ed Carpenter (33), Ed Carpenter Racing, Chevrolet

Scott McLaughlin (3), Team Penske, Chevrolet

Kyle Kirkwood (27), Andretti Autosport, Honda

Conor Daly (20), Ed Carpenter Racing, Chevrolet

Josef Newgarden (2), Team Penske, Chevrolet

Ryan Hunter-Reay (23), Dreyer & Reinbold Racing, Chevrolet

Romain Grosjean (28), Andretti Autosport, Honda

Helio Castroneves (06), Meyer Shank Racing, Honda

Colton Herta (26), Andretti Autosport, Honda

Simon Pagenaud (60), Meyer Shank Racing, Honda

David Malukas (18), Dale Coyne Racing/HMD Motorsports, Honda

Marco Andretti (98), Andretti Autosport, Honda

Devlin DeFrancesco (29), Andretti Steinbrenner Autosport, Honda

Callum Ilott (77), Juncos Hollinger Racing, Chevrolet

Agustin Canopino (78), Juncos Hollinger Racing, Chevrolet

RC Enerson (50), Abel Motorsports, Chevrolet

Katherine Legge (44), Rahal Letterman Lanigan Racing, Honda

Christian Lundgaard (45), Rahal Letterman Lanigan Racing, Honda

Sting Ray Robb (51), Dale Coyne Racing/Rick Ware Racing, Honda

Jack Harvey (30), Rahal Letterman Lanigan Racing, Honda

Graham Rahal (24), Dreyer & Reinbold Racing, Chevrolet

Indianapolis 500 Winners (2000)

YEAR WINNER TEAM
2022 Marcus Ericsson Chip Ganassi Racing
2021 Helio Castroneves Meyer Shank Racing
2020 Takuma Sato Rahal Letterman Lanigan Racing
2019 Simon Pagenaud Team Penske
2018 Will Power Team Pinske
2017 Takuma Sato Andretti Autosport
2016 Alexander Rossi Bryan Herta Autosport
2015 Juan Pablo Montoya Team Penske
2014 Ryan Hunter-Reay Andretti Autosport
2013 Tony Kanaan KV Racing Technology
2012 Dario Franchitti Chip Ganassi Racing
2011 Dan Wheldon Bryan Herta Autosport
2010 Dario Franchitti Chip Ganassi Racing
2009 Helio Castroneves Marlboro Team Penske
2008 Scott Dixon Chip Ganassi Racing
2007 Dario Franchitti Andretti Green Racing
2006 Sam Hornish Jr. Marlboro Team Penske
2005 Dan Wheldon Andretti Green Racing
2004 Buddy Rice Rahal Letterman Racing
2003 Gil de Ferran Marlboro Team Penske
2002 Helio Castroneves Marlboro Team Penske
2001 Helio Castroneves Marlboro Team Penske
2000 Juan Pablo Montoya Chip Ganassi Racing

Helio Castroneves won his fourth Indy 500 in 2021, becoming the fourth driver to win the race four times. He joined A.J. Foyt, A. Unser Sr. and Rick Mears as a four-time winner. There have been 20 drivers to win this race more than once. Somewhat surprisingly, Scott Dixon is not among those drivers to win this race multiple times.

Most Career Wins (By Driver)

WINS DRIVER YEARS
4 Helio Castroneves 2001, 2002, 2009, 2021
4 A.J. Foyt 1961, 1964, 1967, 1977
4 Al Unser, Sr. 1970, 1971, 1978, 1987
4 Rick Mears 1979, 1984, 1988, 1991
3 Louis Meyer 1928, 1933, 1936
3 Wilbur Shaw 1937, 1939, 1940
3 Mauri Rose 1941, 1947, 1948
3 Johnny Rutherford 1974, 1976, 1980
3 Bobby Unser 1968, 1975, 1981
3 Dario Franchitti 2007, 2010, 2012

A total of 75 different drivers have won the Indianapolis 500. This is a race that has always been fairly wide open, as there has never been a single driver to win it three straight times, and only five drivers have gone back-to-back. Castroneves became the first driver to win back-to-back Indy 500 titles since 1971 when he won here in 2001 and 2002.

Castroneves is one of the four drivers who have won the Indianapolis 500 at least four times. He joins A.J. Foyt, Al Unser Sr., and Rick Mears. All three of these men were contemporaries, as Foyt's wins spanned from 1961 through 1977, Unser's came from 1970 to 1987, and Mears' wins were between 1979 and 1991.

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