Race Summary
Fred Frame won the 1932 after several strong showings in previous Indy 500 events. Frame, with mechanic Jerry Houck riding beside him, won with an average speed of 104.144 mph (167.604 km/h), a speed that broke the seven-year-old record set by Peter DePaolo.
It was the second Speedway victory for car owner/builder Harry Hartz. For a while, it looked as though Hartz had a shot at finishing 1-2. No. 2 starter Billy Arnold wrested the lead from pole-sitter Lou Moore on the second lap, but Arnold and mechanic Spider Matlock rolled over on lap 60, handing the lead to Bob Carey.
Fred Fame still holds the record for winning the Indianapolis 500 from the lowest starting position, have begun the race in 27th place.
Results of the 1932 Indianapolis 500 held at the Indianapolis Motor Speedway on Monday, May 30, 1932.
| Finish | Start | No | Name | Qual | Rank | Laps | Led | Status |
|---|---|---|---|---|---|---|---|---|
| 1 | 27 | 34 | 113.856 | 8 | 200 | 58 | Running | |
| 2 | 6 | 6 | 113.468 | 9 | 200 | 1 | Running | |
| 3 | 10 | 22 | 111.503 | 16 | 200 | 0 | Running | |
| 4 | 14 | 61 | 111.070 | 22 | 200 | 36 | Running | |
| 5 | 4 | 4 | 114.326 | 6 | 200 | 0 | Running | |
| 6 | 38 | 37 | 110.745 | 24 | 200 | 0 | Running | |
| 7 | 5 | 35 | 114.206 | 7 | 200 | 6 | Running | |
| 8 | 35 | 65 | 108.755 | 36 | 200 | 0 | Running | |
| 9 | 9 | 2 | 111.801 | 15 | 200 | 0 | Running | |
| 10 | 15 | 55 | 110.402 | 27 | 200 | 0 | Running | |
| 11 | 26 | 33 | 110.708 | 25 | 197 | 0 | Flagged | |
| 12 | 40 | 36 | 104.645 | 40 | 189 | 0 | Flagged | |
| 13 | 20 | 25 | 108.896 | 34 | 184 | 0 | Flagged | |
| 14 | 25 | 15 | 112.899 | 11 | 178 | 0 | Flagged | |
| 15 | 17 | 18 | 110.270 | 29 | 178 | 0 | Crash T1 | |
| 16 | 11 | 46 | 111.218 | 18 | 164 | 0 | Lost wheel FS | |
| 17 | 22 | 3 | 114.326 | 5 | 157 | 27 | Rear axle | |
| 18 | 19 | 24 | 109.546 | 31 | 152 | 0 | Rod | |
| 19 | 12 | 10 | 111.204 | 19 | 151 | 0 | Crankshaft | |
| 20 | 32 | 57 | 111.149 | 20 | 132 | 0 | Spring | |
| 21 | 29 | 9 | 111.053 | 23 | 125 | 0 | Engine | |
| 22 | 31 | 7 | 114.935 | 3 | 125 | 14 | Clutch | |
| 23 | 30 | 1 | 110.681 | 26 | 125 | 0 | Frame | |
| 24 | 21 | 41 | 108.791 | 35 | 107 | 0 | Rod | |
| 25 | 1 | 8 | 117.363 | 1 | 79 | 1 | Timing gear | |
| 26 | 36 | 14 | 107.466 | 39 | 71 | 0 | Clutch | |
| 27 | 18 | 29 | 110.129 | 30 | 66 | 0 | Engine | |
| 28 | 39 | 42 | 108.154 | 37 | 65 | 0 | Engine | |
| 29 | 13 | 32 | 111.149 | 21 | 61 | 0 | Clutch | |
| 30 | 34 | 72 | 108.969 | 33 | 60 | 0 | Crankshaft | |
| 31 | 2 | 5 | 116.290 | 2 | 59 | 57 | Crash T3 | |
| 32 | 3 | 27 | 114.369 | 4 | 55 | 0 | Oil line | |
| 33 | 7 | 16 | 112.471 | 12 | 50 | 0 | Crankshaft | |
| 34 | 23 | 21 | 108.008 | 38 | 31 | 0 | Rod | |
| 35 | 33 | 49 | 109.276 | 32 | 30 | 0 | Rod | |
| 36 | 16 | 48 | 110.396 | 28 | 28 | 0 | Crankshaft | |
| 37 | 8 | 17 | 111.885 | 14 | 18 | 0 | Crankshaft | |
| 38 | 24 | 58 | 113.276 | 10 | 17 | 0 | Oil line | |
| 39 | 28 | 45 | 112.003 | 13 | 7 | 0 | Crash T4 | |
| 40 | 37 | 26 | 111.290 | 17 | 3 | 0 | Crash T4 |
| 1931 Indianapolis 500 Louis Schneider |
1932 Indianapolis 500 Fred Frame |
1933 Indianapolis 500 Lou Meyer |
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