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8-K - FORM 8-K - INTERNATIONAL SPEEDWAY CORP | g26770e8vk.htm |
Exhibit 99.1
FOR: | International Speedway Corporation | |||
CONTACT: | Charles N. Talbert Director, Investor and Corporate Communications (386) 681-4281 |
INTERNATIONAL SPEEDWAY CORPORATION ANNOUNCES
AN INCREASE IN ITS ANNUAL DIVIDEND
AN INCREASE IN ITS ANNUAL DIVIDEND
~ Shareholders Approve Slate of Directors ~
DAYTONA BEACH, Fla. April 6, 2011 International Speedway Corporation (NASDAQ Global
Select Market: ISCA; OTC Bulletin Board: ISCB) (ISC) today announced an increase in its annual
dividend and the re-election of three members to its Board of Directors.
ISC declared an annual dividend of $0.18 per share, payable on June 30, 2011, to common
stockholders of record on May 31, 2011, marking the 38th consecutive year that the Company has paid
a dividend to its shareholders. ISC paid an annual dividend of $0.16 per share in 2010.
Separately, at the annual meeting of ISC shareholders, the following members of the Companys
Board of Directors were re-elected to a three-year term: James C. France; Brian Z. France; and
Lloyd E. Reuss.
International Speedway Corporation is a leading promoter of motorsports activities, currently
promoting more than 100 racing events annually as well as numerous other motorsports-related
activities. The Company owns and/or operates 13 of the nations major motorsports entertainment
facilities, including Daytona International Speedway® in Florida (home of the DAYTONA 500®);
Talladega Superspeedway® in Alabama; Michigan International Speedway® located outside Detroit;
Richmond International Raceway® in Virginia; Auto Club Speedway of Southern CaliforniaSM
near Los Angeles; Kansas Speedway® in Kansas City, Kansas; Phoenix International Raceway® in
Arizona; Chicagoland Speedway® and Route 66 RacewaySM near Chicago, Illinois;
Homestead-Miami SpeedwaySM in Florida; Martinsville Speedway® in Virginia; Darlington
Raceway® in South Carolina; and Watkins Glen International® in New York. In addition, ISC promotes
major motorsports activities in Montreal, Quebec, through its subsidiary, Stock-Car Montreal.
The Company also owns and operates MRN® Radio, the nations largest independent sports radio
network and Americrown Service CorporationSM, a subsidiary that provides catering
services, food and beverage concessions, and produces and markets motorsports-related merchandise.
For more information, visit the Companys Web site at www.internationalspeedwaycorporation.com.
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