Ed Carpenter will start on the pole position for the first time in the Indianapolis 500 after pulling off a stunning victory in Saturday's time trials at Indianapolis Motor Speedway.

Carpenter, an Indianapolis native, posted a four-lap average of 228.762 mph during the "Fast Nine" shootout, which was delayed two hours due to rain earlier in the day. The Fast Nine had been scheduled to begin at 4:30 p.m. ET. Carpenter is also the owner of his No. 20 Chevrolet-powered car.

Before the Fast Nine, Will Power from Team Penske had the top qualifying speed of 228.844 mph, while Andretti Autosport's Ryan Hunter-Reay, the defending IndyCar Series champion, was second on the charts at 228.282 mph. Carpenter placed fifth at 227.952 mph. Drivers from Penske and Andretti were the favorites to win the pole here.

Carpenter claimed his second career IndyCar pole. His first one came on Sept. 3, 2010 at Kentucky Speedway. He also has two wins in the series -- last September in the season-finale at Auto Club Speedway in Fontana, Calif. and 2011 at Kentucky. Carpenter's first pole for the Indy 500 comes in his 10th start. He had qualified no better than eighth in his previous nine races at this famed 2.5-mile oval.

Rookie Carlos Munoz, who is driving the No. 26 car for Michael Andretti's team in this race, qualified second at 228.342 mph, while his teammate, Marco Andretti, will start on the outside of the front row after his lap average of 228.261 mph.

E.J. Viso, A.J. Allmendinger and Power qualified fourth through sixth, respectively, to make up row two. Hunter-Reay, Helio Castroneves, a three-time Indy 500 winner, and James Hinchcliffe, who won the most recent IndyCar race earlier this month in Brazil, secured the third row.

Chip Ganassi Racing drivers Scott Dixon and Dario Franchitti failed to make it into the Fast Nine at Indy for the second straight year. Dixon qualified 16th, while Franchitti, who won the Indy 500 for the third time last year, was one spot behind in 17th. They will share row six with A.J. Foyt Racing's Takuma Sato, who is the current points leader.

Chevrolet drivers dominated this year's Indy 500 qualifying, claiming the top-10 starting positions. Alex Tagliani from Bryan Herta Autosport was the highest finishing driver in a Honda-powered car, placing 11th.

Twenty-four drivers secured their starting positions for the May 26 race at Indy. The remainder of the 33-car field will be determined in Sunday's "Bump Day," which is schedule to begin at noon (ET).