IndyCar to slash Leader Circle payout
Speed.com reports that IndyCar will reduce the Leader Circle program payout in 2013:
Year | Payout | No. Races | Payout Per Race |
2008 | $1.3 million | 19 | $68,500 |
2009 | $1.24 million | 17 | $73,000 |
2010 | $1.3 million | 17 | $76,500. |
2011 | $1.2095 million | 17 | $71,114 |
2012 | $1.16 million | 15 | $72,500 |
2013 | $1.04 million | 19* | $55,000 |
*Includes three doubleheaders that do not cost the teams as much per race as single events
From a savings standpoint for the IndyCar Series, the family spent $25.5 million on the Leader Circle in 2012, while 2013’s plan will come to $23 million, an immediate $2.5 million pared from the bottom line.