The 98th Indianapolis 500 was held at the Indianapolis Motor Speedway in Speedway, Indiana on Sunday May 25, 2014. It is the premier event of the 2014 Verizon IndyCar Series season. Tony Kanaan entered the race as the defending champion. Ed Carpenter won the pole position, his second consecutive pole at Indy. The race was won by Ryan Hunter-Reay, the first American-born winner since Sam Hornish Jr. in 2006. Hunter-Reay held off second place Hélio Castroneves by a margin of 0.0600 seconds, the second-closest finish in race history. At an average speed of 186.563 mph (300.244 km/h), it was also the second-fastest 500 in history. Marco Andretti, Carlos Muñoz, and Juan Pablo Montoya rounded out the top five. Kurt Busch, in sixth position, claimed Rookie of the Year honors.

The Indianapolis Motor Speedway is a motor racing circuit located in Speedway, Indiana, an enclave suburb of Indianapolis, Indiana. It is the home of the Indianapolis 500 and the Brickyard 400 and formerly the home of the United States Grand Prix and Indianapolis motorcycle Grand Prix. It is located six miles (9.7 km) west of Downtown Indianapolis.