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Racetracks aren't just entertainment—they're economic engines, family gathering spots, and a vital part of American car culture. But unless Congress acts, outdated tax policies will choke their future. H.R. 2231 and S.B. 1763—the Motorsports Fairness and Permanency Act—makes permanent a tax provision that gives racetracks the ability to reinvest, upgrade, and keep running for generations to come.
Most tracks are small, locally owned businesses with tight margins. This bill gives them tax certainty to modernize everything from parking lots to track surfaces—ensuring they can keep creating jobs and delivering safe, family-friendly motorsports experiences.
