S.B. No. 1577 amends the Alcoholic Beverage Code to allow holders of mixed beverage permits to temporarily sell distilled spirits, wine, and malt beverages at racing facilities with a seating capacity of over 40,000 during motor vehicle racing events and other events held at these facilities. The bill specifies that these sales can occur for up to five consecutive days, or six days if events are postponed due to natural causes. It also removes previous restrictions on the number of times alcohol can be sold at the facility in a calendar year and the requirement that alcoholic beverages contain no more than 17 percent alcohol by volume.

Additionally, the bill outlines conditions under which permit holders can sell alcoholic beverages, including limitations on the number of drinks sold to a single consumer at one time and restrictions on sales after a certain point in the event. It mandates that permit holders selling in a different county must purchase beverages from authorized distributors in that county and report sales to the commission. The bill also allows individuals to possess and consume their own alcoholic beverages on the premises and to remove them afterward. This act is set to take effect on September 1, 2025.