This chapter does not apply to:
(A) A vehicle in operable condition specifically adapted or constructed for operation on privately owned raceways;
(B) A vehicle stored as the property of a member of the armed forces of the United States who is on active duty assignment;
(C) A vehicle located on a vehicle sale lot or at a commercial vehicle servicing facility;
(D) A vehicle located upon property licensed or zoned as an automobile scrapyard; or
(E) A vehicle registered and licensed under I.C. 9-13-2-3 as an antique vehicle.
(‘89 Code, § 76.14)