Will Power has received a booty of prizes following his success in the 2014 Verizon IndyCar Series championship.

At the official championship prize-giving banquet in downtown Los Angeles, Power said the success was still sinking in.

“It’s still sinking in really,” Power, the first Australian to win North America’s biggest open-wheel championship, said.

“When you want something so bad for so long, it’s such a relief when you finally get it.

“It’s exactly that – a culmination of 15 years of hard work to get to this point.”

Power claimed the $1 million bonus for winning the title, the $75,000 Sunoco Diamond Performance Award for winning the most races (three) and the Verizon P1 gong for scoring the most pole positions as well as the $10,000 Jostens Champions Award ring.

His Penske team-mate Helio Castroneves was honored as the second-place finisher in the championship while Scott Dixon (Target Chip Ganassi Racing) was honored for finishing third.

The third Penske driver Juan Pablo Montoya, in his return to IndyCar after a 14-year absence, was voted favorite driver by Verizon IndyCar Series fans.

Verizon IndyCar Series award winners:
Championship driver (Astor Challenge Cup): Will Power
Jostens Championship Driver Award (ring): Will Power
Championship team (Astor Challenge Cup): Verizon Team Penske
Championship team sponsors: Verizon
Championship team manager: Jon Bouslog
Chief Mechanic of the Year Award: Matt Jonnson
Sunoco Diamond Performance Award ($75,000): Will Power
Sunoco Rookie of the Year Award ($50,000): Carlos Munoz
TAG Heuer “Don’t Crack Under Pressure” Award ($25,000): Charlie Kimball
Second place championship driver: Helio Castroneves
Second place championship team: Team Penske
Third place championship driver: Scott Dixon
Third place championship team: Target Chip Ganassi Racing
Tony Renna Rising Star Award: Jack Hawksworth
Verizon P1 Award: Will Power
Manufacturers Championship: Chevrolet
Dan and Susie Wheldon “Make a Difference” Award ($1,000 charitable donation): Susie Wheldon
Verizon IndyCar Series Fan Favorite Driver: Juan Pablo Montoya