Briscoe nosed Hinchcliffe by 0.0023 seconds. That was far closer than the previous record of 0.01 seconds, set in 1970 by pole winner Al Unser over Johnny Rutherford.
Briscoe, a Team Penske member, posted a four-lap average of 226.484 mph during the qualifying session's "Fast Nine" shootout. It gave the Penske squad its fifth pole in five IndyCar races this season.
Briscoe, Hinchcliffe and Hunter-Reay will line up on the front row for the May 27 Indy 500.