Motor Sports Racing Trust Fund
The Motor Sports Racing Trust Fund is a state incentive program that assists Texas municipalities and counties with the costs of hosting a major motor sports racing event. Offered by Texas State Government.
Key Facts
- Funder
- Texas State Government
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Texas
- Status
- Open
About This Grant
The Motor Sports Racing Trust Fund is a state incentive program that assists Texas municipalities and counties with the costs of hosting a major motor sports racing event. The fund is capitalized by depositing the incremental increase in state and local tax receipts (sales/use, auto rental, hotel, alcoholic beverage taxes) generated by the event into a dedicated trust fund to cover allowable event-related expenses.
Full requirements and application instructions: official listing.
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