IPL powers the celebration as the title sponsor for one of the best-known events of May in Indianapolis: the IPL 500 Festival Parade. One of the biggest parades in the country, the parade fills the streets of Downtown Indianapolis, the day before the race. It includes floats, marching bands, giant helium-filled balloons, all 33 Indy 500 drivers, the 500 Festival Princesses and nationally-known celebrities. This year's parade festivities took place Saturday, May 26, 2018 in downtown Indy. For more information, visit www.500festival.com.

IPL parade discount 2019IPL has had a float in the parade every year since its inception in 1957. The parade sponsorship is just one part of IPL’s extensive commitments to community involvement, which involves volunteering at local nonprofit organizations and charitable contributions totaling more than $2 million annually.