The 60th 500 Mile International Sweepstakes was held at the Indianapolis Motor Speedway in Speedway, Indiana on Sunday, May 30, 1976. Polesitter Johnny Rutherford took the lead on lap 80, and was leading when rain halted the race on lap 103. Two hours later, the race was about to be resumed, but rain fell again. USAC officials called the race at that point, reverted the scoring back to the completion of lap 102, and Johnny Rutherford was declared the winner. Rutherford famously walked to Victory Lane, his second career Indy 500 triumph, having completed only 255 miles (410 km), the shortest official race on record. Janet Guthrie became the first female driver to enter the Indianapolis 500. However, her team was underfunded, and she experienced numerous mechanical and engine problems during the month. While she managed to pass her rookie test, and ran numerous practice laps in multiple cars, she was unable to make an attempt to qualify. She would return with a successful effort a year later in 1977.

John Sherman "Johnny" Rutherford III, also known as "Lone Star JR", is an American former automobile racing driver. During an Indy Car career that spanned more than three decades, he scored 27 wins and 23 pole positions in 314 starts. He became one of six drivers to win the Indianapolis 500 at least three times, winning in 1974, 1976, and 1980. He also won the CART championship in 1980.