The INDYCAR and NASCAR team Team Penske has announced a new partnership with Verizon and the Indianapolis Colts to support veteran debt relief in Indiana.

The initiative includes a $4 million collaboration with Team Penske during the Month of May, including $1 million dollars in veteran debt relief already committed for 2025, plus an additional $1 million contingent on Will Power finishing in the top 10 during next month's Indianapolis 500. An additional $2 million in debt relief will be provided in collaboration with the Indianapolis Colts over the next two seasons.

The effort is part of a broader $22 million debt relief program across the Great Lakes region over the next two years. In 2024, Verizon successfully relieved more than $4 million in debt for more than 4,800 veterans.

"This partnership between Verizon, Team Penske and the Indianapolis Colts represents a unique opportunity to address veteran debt relief while showcasing innovation and excellence," said Andy Brady, president of Verizon's Great Lakes Market. "Together, we aim to make a lasting impact on the lives of the veterans across Indiana, both on the racetrack and in the community."

In addition to the debt relief effort, Verizon is also making updates to its technological infrastructure at the Indianapolis Motor Speedway. The investment includes:

• Comprehensive upgrade to the Distributed Antenna System (DAS).
• Modernization of all wireless capabilities with new 4G equipment and addition of 5G coverage across 71 zones throughout the facility.
• Enhanced high-capacity antennas to support the massive data demands during race events.
• Improved connectivity at main gate areas to streamline ticketing and enhance the fan entry experience.

For more information, visit verizon.com/military or indycar.com.