SPEEDWAY, Ind. (WOWO) — The Indianapolis Motor Speedway, Indianapolis Colts, Verizon, and Team Penske all say they have teamed up to help veterans.
They said this morning they’re trying to clear $6 million in debt over the next two years.
Team Penske is committing $4 million to this effort, with additional contributions tied to the Indianapolis 500.
Verizon says they’ve made a significant technological infrastructure investment at IMS to enhance wireless coverage for race fans, teams, and media.
They’re all working with a company called ForgiveCo, which helps clear debts for veterans in need.