It's not a total hoax...there is some validity. First I have heard of it and I thank the OP for raising awareness.
Perhaps the biggest impact around here is for gas golf carts ... if they get that 1/3 of a gallon of the E10 "spillover" in a small fillup, could it impact their engine? I'll defer to Frank7 and other golf cart experts for the facts.
I wouldn't necessarily call a 1998-2000 car a "classic" ... I doubt these vehicle owners are aware of the impending changes. It does sound like it's a new mix and not widely distributed....yet.
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Maryland (DC Suburbs) - first 51 years 
The Villages - next 51 years
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