IC 5-1-17.5-14: "Qualified motorsports facility"

Sec. 14. (a) As used in this chapter, "qualified motorsports facility" means a facility that:

(1) is located in Indiana;

(2) is used for professional motorsports racing events;

(3) has a motorsports racetrack that is greater than two (2) miles in length; and

(4) holds at least two (2) professional motorsports racing events annually at which the combined admissions total at least two hundred thousand (200,000).

(b) For purposes of this section, a professional motorsports racing event includes a professional motorsports racing practice session that is open to the general public.