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Business Description
International Speedway Corporation (ISCA) is a promoter of motorsports entertainment activities in the United States. It owns and/or operates 12 motorsports facilities: the Daytona International Speedway, Talladega Superspeedway, Michigan International Speedway, Richmond International Raceway, California Speedway, Kansas Speedway, Phoenix International Raceway, Homestead-Miami Speedway, North Carolina Speedway Carolina, Darlington Raceway, Watkins Glen International York and Nazareth Speedway. In addition, Raceway Associates, LLC, in which the Company holds a 37.5% indirect equity interest, owns and operates the Chicagoland Speedway and Route 66 Raceway in Illinois. The Company also owns and operates the Motor Racing Network, Inc. radio network, an independent motorsports radio network, and DAYTONA USA: The Ultimate Motorsports Attraction, a motorsports-themed entertainment complex and the Official Attraction of NASCAR.

Financial Information
For the nine months ended 8/31/04, revenues rose 5% to $419.9 million. Net income fell 13% to $62.5 million. Results reflect an increase in the revenue from admissions, offset by higher direct, administrative, and depreciation expenses.