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.

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