For winning the 2014 Indy Lights championship, Gabby Chaves was awarded $1 million as a scholarship to secure a guaranteed seat in the 2015 Indianapolis 500 and two other races on the IndyCar calendar. The advancement prize initiative was initially conceived by Mazda Motorsports, and was taken to a new level in Indy Lights by IndyCar and Andersen Promotion, its then-new Indy Lights administrator for the Indy Lights series. Through 2021, the final year of Andersen Promotions’ control of Indy Lights, IndyCar contributed $500,000 to the scholarship and Andersen — along with partners such as Mazda and Cooper Tires —…