The money from all of those races will come straight to the racetrack, meaning that the best riders win the lion’s share of prize money.
The biggest race in the world has the biggest prize money but it’s the Indianapolis 500, which has the most cash up for grabs. All 50 cars will each receive $5 million, but not a penny. And all that money comes straight to the track, as per tradition.
The money that the top racers earn is divided equally between drivers based on their finish position in that race, with the top 20 finishers getting $4 million each, and the 20th and 25th getting $3 million apiece. The rest of the prize money comes out of the purse.
What is the largest prize money paid out in racing so far?
The prize money for the 2013 Monaco Grand Prix was $110 million, but only $10 million of it went straight to the track. According to the rules, $30 million from the $100 million sponsorship package went to the drivers while $20 million went to the track and the remaining $7 million was divided among the drivers’ agents, sponsors and the teams.
A former high-ranking employee at the National Football League’s San Francisco 49ers is now serving six years and six months in prison after being found guilty of raping two girls who were 14 and 16.
Lorenzo Neal was sentenced to 120 months in prison and six years of probation for the two rapes in the fall of 2010. He was first convicted in May 2015 when he pled to rape and attempted rape.
The girls, now grown, told investigators Neal used the Internet to find them in public restrooms and sexually assaulted them while he recorded each incident on his cell phone. Their father came forward with their allegations after the investigation began in October 2010, according to CBS San Francisco.
The prosecution said it was the first time in San Francisco that a professional athlete had been convicted of a crime related to the Internet.
Prosecutors said Neal’s actions were “not mere coincidences.” He was charged with 16 counts of aggravated sexual abuse of boys between the ages of 14 and 16. Those charges are the most severe punishment possible for him.
Nike released a statement condemning Neal:
“Nike condemns sexual violence. Nike has long supported the league and its mission to create a safe environment for all of our athletes. We had no knowledge of a prior investigation that led the company to terminate Lorenzo Neal’s employment.
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