The provisions of this chapter shall not apply to:
(A) Any vehicle in operable condition specifically adapted or constructed for operation on privately owned raceways;
(B) Any vehicle stored as the property of a member of the armed forces of the United States who is on active duty assignment;
(C) Any vehicle located on a vehicle sale lot, at a commercial vehicle servicing facility;
(D) A vehicle located upon property licensed or zoned as an automobile scrap yard; and/or
(E) Any motor vehicle eligible for registration and licensing under I.C. 9-18-12-1 through 9-18-12-6 as an antique vehicle.