INDIANAPOLIS (AP) - Tony Kanaan won nearly $2.4 million for his victory at the Indianapolis 500 on Sunday.

The earnings were announced Monday at the Indianapolis 500 Victory Awards Celebration at the Indianapolis Motor Speedway. Checks were handed out at the lavish annual event, and Kanaan's total was $2,353,500.

It was a steep drop in earnings for the second-place finisher, but 21-year-old Colombian rookie Carlos Munoz probably isn't complaining about $964,205.

Third-place finisher Ryan Hunter-Reay, the defending IndyCar champion, earned $583,005.

Marco Andretti, who took over the series points lead with his fourth-place finish, earned $469,755. Englishman Justin Wilson was fifth with $337,805.

Three-time winner Helio Castroneves, who finished sixth, earned $313,755. Last year's winner, Dario Franchitti, crashed late and finished 23rd. He earned $277,805.

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