~Shareholders Unanimously Approve Slate of Directors~ DAYTONA BEACH, Fla., April 5 /PRNewswire-FirstCall/ -- International Speedway Corporation (Nasdaq Global Select Market: ISCA; OTC Bulletin Board: ISCB) ("ISC") today announced an increase in its annual dividend, the election of four members to its Board of Directors, and the approval of additional capital spending. ISC declared an annual dividend of $0.10 per share, payable on June 29, 2007, to common stockholders of record on May 31, 2007, marking the 34th consecutive year that the Company has paid a dividend to its shareholders. ISC paid an annual dividend of $0.08 per share in 2006. Separately, at the annual meeting of ISC shareholders, the following members of ISC's Board of Directors were re-elected to a three-year term: William C. France, 74; William P. Graves, 54; and, Christy F. Harris, 61. In addition, shareholders elected Morteza Hosseini-Kargar, 51, to a three-year term on the Company's Board of Directors. Lastly, the ISC Board of Directors has approved an additional $39.6 million for capital projects. The Company continues to expect total capital expenditures for fiscal year 2007 to range between $80 million and $90 million. These investments include a variety of improvements and fan enhancements to ISC's facilities, which allow the Company to effectively compete with other sports venues for consumer and corporate spending. Notably, today's capital approvals include spending for various enhancements at Darlington Raceway, such as the repaving of the racing surface and aprons, a new infield access tunnel, the addition of concrete pit stalls and other renovations. These enhancements are expected to be completed in time for the facility's 2008 NASCAR NEXTEL Cup and Busch series weekend. 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 nation's 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; California Speedway near Los Angeles; Kansas Speedway in Kansas City, Kansas; Phoenix International Raceway in Arizona; Chicagoland Speedway and Route 66 Raceway near Chicago, Illinois; Homestead-Miami Speedway in Florida; Martinsville Speedway in Virginia; Darlington Raceway in South Carolina; and Watkins Glen International in New York. In addition, ISC is a limited partner with Group Motorise International in the organization and promotion of certain events at Circuit Gilles Villeneuve in Montreal, Canada. The Company also owns and operates MRN Radio, the nation's largest independent sports radio network; DAYTONA USA, the "Ultimate Motorsports Attraction" in Daytona Beach, Florida, the official attraction of NASCAR; and subsidiaries which provide catering services, food and beverage concessions, and produce and market motorsports-related merchandise under the trade name "Americrown." In addition, ISC has an indirect 50 percent interest in a business called Motorsports Authentics, which markets and distributes motorsports-related merchandise licensed by certain competitors in NASCAR racing. For more information, visit the Company's Web site at http://www.iscmotorsports.com/. Statements made in this release that express the Company's or management's beliefs or expectations and which are not historical facts or which are applied prospectively are forward-looking statements. It is important to note that the Company's actual results could differ materially from those contained in or implied by such forward-looking statements. The Company's results could be impacted by risk factors, including, but not limited to, weather surrounding racing events, government regulations, economic conditions, consumer and corporate spending, military actions, air travel and national or local catastrophic events. Additional information concerning factors that could cause actual results to differ materially from those in the forward- looking statements is contained from time to time in the Company's SEC filings including, but not limited to, the 10-K and subsequent 10-Qs. Copies of those filings are available from the Company and the SEC. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be needed to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by International Speedway or any other person that the events or circumstances described in such statement are material. DATASOURCE: International Speedway Corporation CONTACT: Wes Harris, Senior Director of Corporate and Investor Communications of International Speedway Corporation, +1-386-947-6465 Web site: http://www.iscmotorsports.com/

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