Team Penske and Verizon partner with NFL's Colts in veteran debt relief program
The Indianapolis Colts, Team Penske and Verizon have partnered to assist military veterans in the state of Indiana to reduce debt (...)
The Indianapolis Colts, Team Penske and Verizon have partnered to assist military veterans in the state of Indiana to reduce debt accrued by those who are chosen to participate in the program.
“This initiative includes a $4 million collaboration with Team Penske during the Month of May,” the group announced. “One million dollars in veteran debt relief has been committed for 2025, with an additional $1 million contingent on Will Power, driver of the No. 12 Team Penske Verizon Chevrolet, finishing in the top 10 at the 109th Running of the Indianapolis 500. An additional $2 million in debt relief will be provided in collaboration with the Indianapolis Colts over the next two seasons.”
The program will be facilitated by ForgiveCo, which has worked with Verizon on other seven-figure veteran debt relief initiatives.
“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, “
