The Indy 500 is an annual automobile RACE held at the Indianapolis Motor Speedway in Speedway, Indiana. It is one of the most prestigious and longest-running races in the world, having been held since 1911. The RACE is also known as the 'Greatest Spectacle in Racing' and is part of the Triple Crown of Motorsport. The RACE is held over 500 miles and is usually won by the driver who can maintain the highest average speed throughout the RACE.