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DAYTONA BEACH, Fla. (AP)

The Daytona 500 will boast a record purse of more than $19 million, and the winner of NASCAR's biggest race is guaranteed a minimum $1.4 million.

 

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The start of the 2012 season is almost here. Don't miss a minute of the action from Speedweeks at Daytona. BUDWEISER SHOOTOUT RACE WEEK SCHEDULE | DAYTONA 500 RACE WEEK SCHEDULE.

 

Daytona International Speedway also announced Wednesday a $200,000 bonus for the driver leading at the halfway point of the race.

The ''Daytona 500 Mid-Race Leader Award'' will not be automatically awarded if the race is under caution at lap 100. The bonus will then be rolled over and paid to the driver leading the race at the completion of the fifth consecutive green flag lap following the caution.

Daytona president Joie Chitwood believes the bonus is incentive for drivers to race up front and not lay back in the Feb. 26 season-opening race

February 1, 2012  08:22 PM ET

Love the bonus idea, that just might work. The winners purse isn't too shabby, close to a half million.

February 1, 2012  08:24 PM ET

FML

Comment #3 has been removed
February 1, 2012  08:37 PM ET

25 days

February 1, 2012  09:30 PM ET

So IF the Yellow is out on Lap 100 and it goes green on lap 102 the Mid-Race bonus is Lap 107 ... except IF the Yellow comes out again on Lap 106 ... then it rolls to the next Green Lap 110 and Mid-Race is Lap 115 .... except IF the Yellow comes out on Lap 114 .... on-on-and on !

... sounds like a G-W-C Mid-Race only Y-G / Y-G / Y-G ...

wait till old DW tries to tell us ;-)

February 1, 2012  09:37 PM ET

and IF you Start n Park ... you get $250,000+

Last year 43rd $268,550 ...
Purse was $ 18,693,533 ...
Winner #21 Trevor Bayne $ 1,463,813 ...

February 1, 2012  09:38 PM ET

IF Danica WINS ...

is it call a Wallet then ... vs a Purse ;-)

February 1, 2012  10:20 PM ET
QUOTE(#7):

IF Danica WINS ...is it call a Wallet then ... vs a Purse ;-)

Very Good

Comment #9 has been removed
February 2, 2012  06:48 AM ET

to the teams marginally above a start and park status, 200K is meaningful. Bigger picture, if a top driver decides his strategy is to linger at the back of the pack until late laps, this will not deflect him from that strategy.

It might deflect Her though.

February 2, 2012  09:39 AM ET
QUOTE(#10):

to the teams marginally above a start and park status, 200K is meaningful. Bigger picture, if a top driver decides his strategy is to linger at the back of the pack until late laps, this will not deflect him from that strategy.It might deflect Her though.

I think this is the idea behind this bonus. Mix things up, who knows what will happen then. Has this vixen achieved Godlike status, I see you capitalized Her. LOL
Has anyone heard from Kodiak or is he just taking a vacation until the season starts again.

February 2, 2012  10:35 AM ET

This might be something worth doing with other races, but I don't see it really working or effecting strategy at Daytona, or Talladega. If they really want to make a big change and add excitement you throw points into the situation like a 3 point bonus for leading at halfway or something.

February 2, 2012  11:22 AM ET

Three points or two hundred thousand dollars, which is more attractive to any struggling team?

February 2, 2012  11:53 AM ET

OFF TOPIC RANT:

Local news today: the price of farmland in northern Indiana has increased over 80% in the last five years, due, solely, to the record price of corn, economists have stated.

I need not say more.

February 2, 2012  12:17 PM ET

So goes the price of corn, so goes the price at the pump.

February 2, 2012  12:44 PM ET

and the price of food

February 2, 2012  01:44 PM ET
QUOTE(#16):

and the price of food

Bingo

February 2, 2012  01:52 PM ET

I read a recent Dept of Energy report that, is I may give you the short version, that ethanol has an energy coefficient, compared to straight gasoline, of 1.34 to 1. We "gain" 34% energy with the production of ethanol more than the productin of oil. For the sake of argument, I will accept that figure, but reserve a lot of doubt in it's accuracy.

The article did admit, however, that other economic factors, since corn products are used in nearly every element of our food supply, from the corn itself, to meat and pultry food, to cooking oil, candy coating, sugars and other industrial uses, were not taken into consideration.

February 2, 2012  02:01 PM ET

A university of Iowa study explained that a corn cost per bushel of $4 let to a loss of .17 to. 23 cents per gallon by the producer, when factoring in the debt that needed to be paid off for the plant and facility (I guess that would be like, your mortgage).

So, if corn is $6.41 a bushel today, either the producers are losing more, or ethanol is costing US more.
Our "local" ethanol plant laid off about 10% last year, as they were going broke.

 
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