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NASCAR gets good news out of the latest budget deal Jerry Markland/Getty Images
during the NASCAR XFINITY Series Sports Clips Haircuts VFW 200 at Darlington Raceway on September 2, 2017 in Darlington, South Carolina.

NASCAR will take good news wherever it can get it, but from the federal budget deal?

Yep.

That massive $1.5 trillion dollar tax cut package, which passed in December and took effect in January, includes goodies for so-called motorsports entertainment complexes.

The ins and outs of “write downs” are fascinating to math geeks like me, but the bottom line is — the tax cuts could help save race tracks millions, which, by extension, keeps them open.

The savings are significant. In the 2015 tax year, race tracks saved an estimated $11 million, according to the Huffington Post. 

 YourCentralValley.com reported the news about the tax breaks for tracks.

The International Speedway Corp, a for-profit business that owns 13 race tracks across the country, including Darlington Raceway, Daytona, and Watkins Glen.

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