Tony Kanaan of Brazil driver of the #11 KV Racing Technology Dallara Chevrolet celebrates after winning the IZOD IndyCar Series 97th running of the Indianapolis 500 mile race at the Indianapolis Motor Speedway on May 26, 2013 in Indianapolis, Indiana.
Robert Laberge—Getty Images
By TIME Video
May 25, 2014

It’s Memorial Day weekend, which means pools are opining for the summer, families are firing up their grills and drivers are starting their engines for the greatest spectacle in racing: the Indy 500.

Indy car racers have gathered at the Indianapolis Motor Speedway since 1911 to run the 500-miles-over-200-laps race with the hopes of taking the checkered flag. So sit down and pay attention, because TIME’s going to explain everything you need to know about the Indy 500 from the green flag to the victory milk swig. But don’t blink, because these cars move fast.

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