NEWS & INSIGHTS
Admissions to Homestead-Miami NASCAR Event Now Sales-Tax Exempt
As of July 1, 2025, admissions to the NASCAR Cup Series Championship at Homestead-Miami Speedway—and qualifying and support races held within 72 hours—are exempt from Florida sales and use tax. The exemption is outlined in TIP 25A01-06, issued by the Florida Department of Revenue.
🏁What Events Are Exempt?
- NASCAR Cup Series Championship Race at Homestead-Miami Speedway
- Qualifying and support races held at the same venue within 72 hours of the main race
⚖️Legal Background
This exemption was enacted under Section 38, Chapter 2025-208, Laws of Florida and applies automatically to qualifying ticket sales starting July 1, 2025.
🏎️ Florida Also Exempts Formula 1 Admissions
Florida law already exempts admissions to Formula 1 Grand Prix events and related races held within 72 hours of the main event. That exemption appears in Fla. Stat. § 212.04(2)(a)5.
🔍 What’s Not Covered?
- Concessions, merchandise, and parking remain taxable
- Only events held at Homestead-Miami Speedway as defined in the law qualify
📄 Read More
Full TIP: TIP 25A01-06 (PDF)
Moffa Tax Law | Florida State and Local Tax Attorneys
© 2025 Jeanette Moffa. All Rights Reserved.
The exemption applies to the NASCAR Cup Series Championship Race at Homestead-Miami Speedway, along with any qualifying or support races held at the same venue within 72 hours before the main event.
The exemption became effective on July 1, 2025, as announced in TIP 25A01-06 by the Florida Department of Revenue.
Only for races that do not qualify under the exemption. For the championship race and related events at Homestead-Miami Speedway, sales tax is no longer due.
Yes. Florida law already exempts Formula 1 Grand Prix admissions, including qualifying and support races held within 72 hours of the main race, under § 212.04(2)(a)5, Fla. Stat.
No. The exemption only applies to admissions. Concessions, merchandise, parking, and other taxable services are still subject to sales tax.
No. Sellers of qualifying admissions should not collect or remit sales tax for covered events beginning July 1, 2025.
Yes. The exemption only applies to the NASCAR Cup Series Championship and qualifying/support races held at that specific venue.
No. The exemption is automatic at the point of sale and does not require a certificate or registration by the buyer.
The exemption was enacted under Section 38, Chapter 2025-208, Laws of Florida, and implemented via TIP 25A01-06.
The full text of TIP 25A01-06 is available here:
https://floridarevenue.com/taxes/tips/Documents/TIP_25A01-06.pdf
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Jeanette Moffa, Esq.
(954) 800-4138
JeanetteMoffa@MoffaTaxLaw.com
Jeanette Moffa is a Partner in the Fort Lauderdale office of Moffa, Sutton, & Donnini. She focuses her practice in Florida state and local tax. Jeanette provides SALT planning and consulting as part of her practice, addressing issues such as nexus and taxability, including exemptions, inclusions, and exclusions of transactions from the tax base. In addition, she handles tax controversy, working with state and local agencies in resolution of assessment and refund cases. She also litigates state and local tax and administrative law issues.