(2) As used in this section, "speed racing event" means an event that:
(a) Is preplanned and coordinated and involves two or more vehicles;
(b) Includes any of the activities described in ORS 811.125 (1); and
(c) Takes place on a highway.
(3) A person who organizes a speed racing event is not in violation of this section if the person has a permit from the road authority for the highway on which the event takes place.
(4) The offense described in this section, organizing a speed racing event, is a Class C felony. [2003 c.550 §2]
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