In Last budget,government has reduced the tax of racing cars.but actually I cant understand that word "racing cars" (pls don' t lough).according to my knowledge, I know only about formula 1. In sri lanka most of racing drivers are using modified vehicles.and some models are using only in racing events eg:Lancer evo and subaru wrx .Are they racing cars or in a another catagory. please any body tell me about it?
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