Law & Order

Tell the U.S. Small Business Administration that Racetracks Are Performance Venues

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By SEMA Washington, D.C., Staff

A recently enacted federal law, the “Consolidated Appropriations Act, 2021” (Public Law No: 116-260), includes a provision to create a $15 billion program to provide grants to live entertainment and performing arts venues. The U.S. Small Business Administration (SBA) is currently working to craft regulations to implement Sec. 324, “GRANTS FOR SHUTTERED VENUE OPERATORS,” of the new law. The agency needs to hear from racetracks about the importance of including outdoor entertainment venues within the entities that are eligible to apply for grants. Many racetracks have experienced significant declines in revenue as a result of complying with COVID restrictions on entertainment venues.”

If you own or are employed by a racetrack or motorsports facility, please sign a letter to the SBA. For additional information, contact Eric Snyder at erics@sema.org.