Start Race morning was overcast with rain in the forecast. Cool temperatures caused problems at the start, as pole sitter
Scott Sharp crashed in the first turn on the first lap.
Greg Ray and
Robby Gordon barely avoided the crash, and slipped by the lead the field around for the first several laps. On the 6th lap, the green came out, but less than 2 laps later, another crash occurred.
Sarah Fisher spun in turn two, and collected
Scott Goodyear. Both cars were heavily damaged, and Goodyear suffered a broken back. Goodyear would retire from IndyCar racing after the race due to the injury. After a lengthy yellow, the green came out on lap 17. During the restart, however, cold tires caused yet another crash, as
Sam Hornish Jr. spun in turn four. Hornish did not hit anything, but
Al Unser Jr. moved high to avoid the crash, and brushed along the outside wall on the main stretch, ending his race.
First half and first rain delay The race finally got going on lap 22, with
Robby Gordon and
Greg Ray dominating the early going. A long stretch of green flag racing saw the leaders cycle through two green flag pit stops. On lap 107,
Jon Herb crashed in turn 1. During the yellow, rain began to fall around the track, and the caution was extended until lap 119.
Michael Andretti led when the rain fell, but pitted soon after.
Gil de Ferran inherited the lead,
Team Penske teammate
Hélio Castroneves second.
Second half and second rain delay On lap 134,
Cory Witherill spun exiting turn four. The leaders all headed to the pits.
Castroneves and
de Ferran were both penalized for exiting out of the pits incorrectly, giving
Tony Stewart the lead for the first time of the day.
Stewart led until rain fell again on lap 149. After Stewart pitted,
Hélio Castroneves retook the lead. Rain began falling harder on lap 155, and the red flag was displayed. After about 10 minutes, the sun came out, and the track quickly dried. After a 17-minute red flag, the cars were refired.
Finish Hélio Castroneves led
Robbie Buhl on the restart. Buhl attempted to take the lead on lap 159, but was blocked. Trailing by less than a half-second on lap 166, Buhl suddenly spun exiting turn 2, and tapped the inside wall. The green came back out on lap 171, with
Castroneves still leading, and
de Ferran back to second. Castroneves held off his teammate by 0.4838 seconds, and won his first Indy 500. The finish marked
Roger Penske's 11th Indy 500 triumph, and his first 1-2 finish. It was the second rookie winner in a row (following
Juan Pablo Montoya in
2000). On the victory lap, Castroneves stopped at the finish line, climbed from his car, and proceeded to engage in his customary celebration of climbing the
catch fence, much to the delight of the fans. Several crew members from
Team Penske joined him on the fence. In a public relations setback for the IRL, the top six finishers were all visiting drivers from either the rival CART series or the NASCAR Cup series. The first regular IRL series driver to finish was
Eliseo Salazar in seventh place, running a lap down.
Scott Sharp's crash on the first lap meant for the second year in a row, the pole sitter finished 33rd and last. In the previous year's race, the same fate had befallen
Greg Ray. The 1-2 result for
Team Penske provided a stunning comeback for the most successful team in Indianapolis 500 history after their failure to qualify for the
1995 race, the last Indy 500 entered by Team Penske due to the Indy 500 becoming an IRL race from
1996 onward. "I think we redeemed ourselves for the lousy thing we did in 1995 ... this is the best day of my life coming back like this" said
Roger Penske in pit lane immediately after Castroneves took the checkered flag. ==Tony Stewart does Double Duty==