The Indy 500 race is today, and by all indications, Indy racing is making a comeback.

Today’s race is the 100th anniversary of the famous Indianapolis 500. It was first run in 1911, though it was cancelled for two years during WW1 (1917 and 1918) and for four years during WW2 (1942, 1943, 1944, 1945), so this is actually the 94th running of the race.

The Indy 500 overall is promoted as being ‘The Greatest Spectacle in Racing’. This 2011 Indy 500 is being pushed as ‘The Most Important Race in History’ because it is the last one that will be run with the current normally-aspirated “spec” Dallara IR-05/Honda Indy V-8 machines. Next year there will be new chassis and turbocharged engines.

As in previous years, 33 drivers will be starting the race. New race rules about two abreast restarts have caused some controversy, as we reported here.

Indy 500 start time: The start time of the race is scheduled for 12 noon, EDT. The track opens early Sunday morning at 6am, where there will be pre-race activities and events.

Indy 500 channel: The race will be shown on ABC, with the pre-race show starting at 11am.