1933 Indianapolis 500
In spite of the vice-like grip of the Great Depression on the country, the “500” went on regardless, with a surprisingly large and high-spirited number of people taking advantage of a reduction in the race-day general admission charge. Not so happy were the participants, who were asked to accept a considerable reduction in prize money. Whereas Billy Arnold had earned a record $50,300 for winning in 1930, the total take by 1933 victor Louis Meyer, including lap prizes and accessory money, was only $18,000. Better days were ahead.
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