Motorsports Fairness and Permanency Act of 2025

This legislation aims to amend the Internal Revenue Code of 1986 to make permanent the 7-year recovery period for motorsports entertainment complexes. Currently, this accelerated depreciation schedule is temporary, and the bill seeks to remove its expiration. By striking a specific subparagraph from Section 168(i)(15) of the Code, the bill ensures that these facilities can consistently utilize the 7-year recovery period for tax purposes. This measure is intended to provide long-term stability and predictability for the financial planning and investment decisions of motorsports entertainment complex owners and operators.