William John "Bill" Vukovich was an American racing driver. He won the 1953 and 1954 Indianapolis 500, plus two more American Automobile Association National Championship races, and died while leading the 1955 Indianapolis 500.

The 37th International 500-Mile Sweepstakes was held at the Indianapolis Motor Speedway on Saturday, May 30, 1953. The event was part of the 1953 AAA National Championship, and was race 2 of 9 in the 1953 World Championship of Drivers. Bill Vukovich, after falling just short a year before, dominated the race, leading 195 of the 200 laps. Vukovich won the first of two consecutive "500" victories, finishing more than three minutes ahead of second place Art Cross.