FORT WORTH, Texas -- Will Power didn't win the Firestone Indy 600 Saturday night at Texas Motor Speedway.

But he sure had fun trying.

The Team Penske driver dominated the first half of the race and led nearly two-thirds of the 248-lap contest, but Power lost the lead to Ed Carpenter on the 182nd lap, then made the costly error of speeding in the pits as he entered for his final stop.

A late caution flag gave Power the opportunity to pit for fresh tires, and he used them to carve from sixth to second over the course of the last couple laps. But he was unable to catch owner/driver Carpenter, who scored the third Verizon IndyCar Series race win of his career and the second for his team this year to go along with Mike Conway's victory at Long Beach.

For Power, there was no shame in finishing second to Carpenter, the only driver in the IndyCar Series who came up through a traditional oval racing path of midgets and sprint cars.

Power had started to cut into Carpenter's two-second lead in traffic prior to both drivers making their final stop on Lap 213. That's when Power got popped, the subsequent drive-through penalty dropping him to sixth place, nearly a lap down.

The break that nearly won him the race came on Lap 241, when Takuma Sato suffered the third Honda engine failure of the race.

"Obviously, the penalty hurt, but I was trying to close the gap to Ed so I could try to go for the win," the championship leader said. "The team made a great call to get tires at the end.

"I had so much fun," he added. "That was even more fun than Fontana [where Power won the 2013 IndyCar season finale] -- I just didn't get the bloody win."

That honor went to Carpenter, who simply got stronger and stronger as the race progressed.

"I knew we had a good car," Carpenter said. "We had a good test here back a couple of weeks ago, or a couple of months ago. Whenever it was. I just felt like we left some on the table in qualifying, but it made me extra motivated for tonight.

"We had one bad stint, but the guys just made great adjustments all night," he continued. "The Fuzzy's car was hooked up, and I think we were for sure the car to beat at the end."

Carpenter admitted that the final yellow flag caused him some concern. "I was a little worried," he said. "I knew guys were going to come in. We talked about what we would do in that situation, and we were kind of undecided, but Tim [team manager Broyles] and the boys made the right call.

"Awesome night," he concluded. "I have loved this racetrack for a long time and had a lot of bad luck here. I've really always wanted to win here, so I'm super excited."

Juan Pablo Montoya had the best race of his return to Indy cars in taking third place. The Colombian made an early, out-of-sequence pit stop when Marco Andretti brought out the first of three cautions on the night with a blown engine on just the fifth lap. Montoya was often the fastest car on the track, but he lost a lot of ground on the next-to-last stint.

However, he had moved back into second place before the final yellow. Montoya was bitterly unhappy after the race, claiming Carpenter jumped the last restart for the green-white-checkered finish.

"When you let people jump starts and you let them get away with it, it's impossible," Montoya fumed. "The first thing he did was slow down, which you're not supposed to, and then he went. It was like 200 yards before we're supposed to go.

"I was sure they were going to make a call, and they didn't," added Montoya. "So I was kind of disappointed, and I'm going to go talk to IndyCar now and see what they say."

This year's Texas race was closer to the 2012 contest than last year's strung-out affair, the addition of approximately 300 extra pounds of downforce making the cars able to run closer together but still a handful for the drivers.

"A bit of a struggle. Really loose all night," fifth-place finisher Scott Dixon said.

"I'm proud that we actually held the car on the track instead of putting it in the fence."