Motorsports Fairness and Permanency Act of 2025

Makes permanent a 7-year depreciation (recovery) period for motorsports entertainment complexes by changing the Internal Revenue Code to remove a prior limiting provision. The change means owners of these facilities can continue to recover the cost of qualifying property over seven years rather than a longer IRS schedule.

The provision is narrowly targeted to the motorsports complex category, contains no stated effective date or funding amounts, and primarily affects taxable income timing for businesses that own or invest in such facilities.