International Speedway Corp.
ISC Petitions NASCAR For Second Sprint Cup Date
International Speedway Corporation has filed a petition with NASCAR to give Kansas Speedway a second Sprint Cup date as early as 2011. The track deserves a second date, an ISC spokesman says, because it has a history of well-attended events and the construction of a new casino overlooking the track. There is no word on [...]
ISC CEO To Step Down June 1
Nearly one week after announcing its income fell 31%, International Speedway Corp. CEO Jim France will step down June 1. The AP reported that France will be replaced by Lesa France Kennedy, current ISC president and France’s neice. He will continue to serve as chairman of the board, while John Saunders will move from his [...]
ISC's Net Income Falls 31%
International Speedway Corp. is one of the latest NASCAR companies to feel the economy’s wrath, as it reported that its first net quarter income fell 31% on falling revenue due to price cuts. Net income fell to $25.1 million from $36.2 million, a year earlier. Revenue fell from $193.9 million to $166.1 million, a 14% [...]
