The Borg-Warner Trophy was first presented to Indianapolis 500 winner Louis Meyer in 1936. This trophy, which has been presented in the winner's circle after every race since 1936, is a very large, multi-tiered item which bears the bas-relief sculpture of the likeness of each driver to have won the race since its inception in 1911.

In 1935, the Borg-Warner Automotive Company commissioned designer Robert J. Hill and Gorham, Inc., of Providence, Rhode Island to create the trophy at a cost of $10,000. The trophy underwent a refurbishment in 1991 and again in 2004. Today, it is insured in excess of $1.3 million.

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