Tony Kanaan is looking to repeat at the Indianapolis 500. (USATSI)

10:55 a.m. ET: Dallas Mavericks owner Mark Cuban, an Indiana University graduate, will wave the green flag to begin Sunday's race. Looks like Cuban's rocking Indiana QB Tre Roberson's jersey, (or generic player-number combo, as the NCAA would like you to believe).

-@mcuban hanging out before the race! @IMS #Indy500 pic.twitter.com/LklhaQlGma- Kelsey Minier (@KelseyUSA) May 25, 2014

Race preview: Can Tony Kanaan take a second-consecutive checkered flag at Indianapolis Motor Speedway? Will pole-sitter Ed Carpenter win the 'Greatest Spectacle in Racing' in front of his hometown crowd? How about Kurt Busch, who'll be racing the double on Sunday - that is 500 miles at the Indy 500 and another 600 at the Coca-Cola 600 in Charlotte later this evening? (He'll be the first driver in the past 10 years to attempt that, by the way).

The 33-car field boasts no distinct favorites (yet more than a dozen realistic contenders) ahead of the 98 th running of the Indianapolis 500 on Sunday.

Penske racer Helio Castroneves has already won at Indy three times (the last was in 2009), and another victory would vault him to elite status, tying him with A.J. Foyt, Al Unser and Rick Mears for most wins all-time at the hallowed race.

Another driver seeking to make history -- or erase it, depending on your perspective - is Marco Andretti. The legendary racing family has won the race just once (1969), and 27-year-old Marco nearly earned the checkered flag in 2006 before a last-second charge from Sam Hornish Jr. stole the win. That, along with dozens of other close calls, has fueled the myth of the 'Andretti curse.' Mention Andretti at the Indy 500, and it's an inevitable topic of discussion. Although 0-of-8, Marco has four top-five finishes, and many believe this could be his year.

The festivities begin early Sunday morning, including honorary laps from former race winners all the way up through the national anthem sung by LeAnn Rimes at noon ET. Drivers will officially be off at 12:12 ET, as will we, taking you through the entire 98 th running of the Indianapolis 500 with our live blog. Enjoy and happy Memorial Day weekend.

Post By http://www.cbssports.com/general/eye-on-sports/24572286/live-blog-98th-running-of-indianapolis-500

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