Franchitti wins third Indy 500

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INDIANAPOLIS, IN (TheSpread) – Dario Franchitti opened as the favorite this week and ultimately became the winner of the 2012 Indianapolis 500 on Sunday.

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The win for Franchitti was his third Indy 500 title. He started in 16th place to begin the race and struggled early on before making a charge during a long green flag run. Toward the end of the race he found himself trading the lead with teammate Scott Dixon before Takuma Sato made a run on the final lap.

Sato tried to pass Franchitti around the second corner but instead ended up wrecking, which drew a yellow flag and gave Franchitti the win, while Dixon came in second. Sato ended up eighth.

According to oddsmakers, Franchitti closed the week with 8/1 odds to win, which means a wager of $100 on him to win will pay out an additional $800. Franchitti did open with 9/2 odds to win, but that didn’t hold throughout the week.

For complete results from this year’s Indianapolis 500, see below.

2012 Indianapolis 500 Results – May 27, 2012 – Indianapolis Motor Speedway

1 Dario Franchitti (50)

2 Scott Dixon (9)

3 Tony Kanaan (11)

4 Oriol Servia (22)

5 Ryan Briscoe (2)

6 James Hinchcliffe (27)

7 Justin Wilson (18)

8 Takuma Sato (15)

9 Townsend Bell (99)

10 Charlie Kimball (83)

11 Helio Castroneves (3)

12 Rubens Barrichello (8)

13 Alex Tagliani (98)

14 Graham Rahal (38)

15 J.R. Hildebrand (4)

16 James Jakes (19)

17 Simon Pagenaud (77)

18 E.J. Viso (5)

19 Michel Jourdain Jr. (30)

20 Sebastien Bourdais (7)

21 Ed Carpenter (20)

22 Katherine Legge (6)

23 Marco Andretti (26)

24 Ana Beatriz (25)

25 Josef Newgarden (67)

26 Sebastian Saavedra (17)

27 Ryan Hunter-Reay (28)

28 Will Power (12)

29 Mike Conway (14)

30 Bryan Clauson (39)

31 Wade Cunningham (41)

32 Jean Alesi (64)

33 Simona de Silvestro (78)

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