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| Date | Wednesday 30 May 1956 |
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| Start time | 14:00 |
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| Event |  Indianapolis 500 |
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| Circuit | Indianapolis |
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| Event Format | Race of 200 laps |
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| Championship | World Championship |
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| Race number | #3 of 8 in 1956
#51 (of all time) |
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| Laps | 200 |
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| Circuit Perimeter | 4023 m |
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| Race Distance | 4023 × 200 = 804.600 km |
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| Grid Format | 3-3-3-3 |
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| Pole Position | Left |
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| First Corner | Left |
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| Track Direction | Anti-clockwise |
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| Weather | Overcast, Dry |
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| Entries | 34 |
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| Qualifiers | 33 |
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| Finishers | 19 |
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| Debutants | Billy Garrett (Driver),
Bob Christie (Driver),
Bob Veith (Driver),
Jack Turner (Driver),
Johnnie Tolan (Driver),
Kurtis Kraft 500E (Car Model),
Ansted Rotary Corp (Entrant),
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Dean Van Lines (Entrant),
Fred Somers (Entrant),
George Bignotti (Entrant),
H.H. Johnson (Entrant),
Novi Racing Corp (Entrant),
Shannon Bros (Entrant)
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| Milestones | Car 10 – 50th Race Entry (Car Number)
Car 29 – 1st Fastest Lap (Car Number)
Car 4 – 50th Race Entry (Car Number)
John Zink – 1st Pole Position (Entrant)
Novi Racing Corp – 1st Fastest Lap (Entrant)
Novi – 1st Fastest Lap (Engine Manufacturer)
 Pat Flaherty – 1st Pole Position (Driver)
Pat Flaherty – 1st Win (Driver)
Paul Russo – 1st Fastest Lap (Driver)
Watson – 1st Pole Position (Car Manufacturer)
Watson – 1st Win (Car Manufacturer)
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| Records Broken |
1. Most 13th Place Finishes – Kurtis Kraft (3),
2. Most 14th Place Finishes – Kurtis Kraft (3),
3. Most 18th Place Finishes – Kurtis Kraft (3),
4. Highest 3rd Place Finish Ratio – Phillips (33.33%),
5. Highest 13th Place Finish Ratio – Bob Christie (100.00%),
6. Most 27th Place Qualifications – Kurtis Kraft (4),
7. Most 32nd Place Qualifications – Eddie Johnson (2)
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| Records Extended |
1. Most 12th Place Finishes – Kurtis Kraft (4),
2. Most 17th Place Finishes – Kurtis Kraft (4),
3. Highest 10th Place Finish Ratio – Stevens (22.22%),
4. Most 24th Place Qualifications – Kurtis Kraft (5),
5. Most 25th Place Qualifications – Kurtis Kraft (6),
6. Most 28th Place Qualifications – Kurtis Kraft (4),
7. Most 33rd Place Qualifications – Kurtis Kraft (4)
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