View of winners circle at the infamous Indianapolis Motor Speedway (Photo: Anthony Sylvia).

Speedway, Ind. – On Wednesday, April 23 at the Indianapolis Motor Speedway, Verizon, Team Penske, and the Indianapolis Colts announce a $6 million initiative to omit veteran debt relief in Indiana over the next two years.

The commitment includes $4 million collaboration with Team Penske during the month of May. One million dollars in relief has been committed in 2025, with an additional $1 million contingent on Will Power, driver of the No. 12 Verizon Team Penske Chevrolet, finishing in the top 10 at the Indianapolis 500 on May 25. The Indianapolis Colts will commit the remaining $2 million in debt relief over the next two seasons.

“Verizon has always been a leader in innovation and company that makes a difference in people’s lives,” said Roger Penske. “Verizon’s commitment to helping veterans through this debt relief initiative is a testament to their values and dedication to creating positive change.”

The 109th Indianapolis 500 presented by Gainbridge will take place on Sunday, May 25 at IMS. The race can be viewed on FOX Sports network beginning at 10 a.m. ET, as Team Penske driver Will Power looks to win his second 500-mile race at the infamous speedway.

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