Tennessee bill approves antique auto auction at Nashville Superspeedway for charity

House Bill 974, aimed at enhancing antique auto auctions, received unanimous support during the Tennessee House Commerce Committee meeting on March 12, 2025. The bill proposes a special exception for a single antique auto auction to be held at the Nashville Superspeedway, expected to attract around 20,000 attendees and generate over a million dollars in sales tax revenue.

The event, which will be televised nationally, is set to partner with the Make-A-Wish Foundation, with a portion of the proceeds benefiting the charity. The committee swiftly moved to amend the bill, addressing a fiscal note of $800 that was anticipated to be removed after further review.

With no objections raised, the committee voted overwhelmingly in favor of the bill, passing it with 21 votes in favor and none against. The bill will now proceed to the finance committee for further consideration.

In addition to House Bill 974, the committee also discussed another bill related to the Chattanooga Motor Car Festival, which has previously drawn significant attendance and revenue. This festival is set to feature a one-time antique and unique auto auction, further emphasizing the state's commitment to promoting automotive events that contribute to local economies and charitable causes.