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Employee Benefit Plans | 12 Months Ended
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Dec. 31, 2025
Retirement Benefits [Abstract] |
Employee Benefit Plans | Employee Benefit Plans 401(k) Plan The Company maintains a 401(k)-benefit plan for all employees with at least three months of service and have reached 21 years of age. Participants are 100% vested in their contributions. The Company provides an employer match contribution of 50% of the participants’ contribution up to 5% of their eligible compensation. Participants are fully vested in the employer match contribution after one year of employment. The Company may also make profit sharing contributions to the plan which vest 20% a year after the first 2 years of employment and are fully vested after 6 years of employment. The Company may also elect to make other discretionary contributions to the Plan. The Company incurred 401(k)-benefit plan expense of approximately $1.7 million, $1.6 million and $1.5 million for the years ended December 31, 2025, 2024 and 2023, respectively. Multiemployer Benefit Plans Some of the Company’s employees in its racing operations participate in union-sponsored benefit plans which includes the participation in several multiemployer defined benefit pension plans under terms of a collective bargaining agreement. The Company’s contributions to these plans are determined in accordance with the provisions of the negotiated labor contracts based on the aggregate number of hours worked. The Company’s contributions to these plans for the years ended December 31, 2025 and 2024 were $0.3 million and less than $0.1 million respectively, which represents one month of payments for the year of 2024. Incentive Compensation Plan Included in certain employee agreements are provisions for commissions and bonuses, which are determined at the discretion of management. Incentive compensation expense amounted to $13.3 million, $14.7 million and $14.8 million for the years ended December 31, 2025, 2024 and 2023, respectively. Accrued incentive compensation totaled $4.7 million and $5.7 million as of December 31, 2025 and 2024, respectively.

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