MONTREAL, Oct. 2 /PRNewswire-FirstCall/ -- Groupe motorise international (s.e.c.) ("GMI") and International Speedway Corporation (NASDAQ:ISCA) (OTC:ISCB) (BULLETIN BOARD: ISCB) ("ISC") are pleased to announce today they have entered into a limited partnership to organize, promote and hold certain events at Circuit Gilles Villeneuve. A race weekend is scheduled for the first weekend of August 2007, featuring thrilling competition from the NASCAR Busch Series and Grand American Rolex Sports Car Series presented by Crown Royal Special Reserve. "Our group is pleased to announce that it has concluded a partnership with one of the world's most successful motorsports entertainment companies, ISC. This venture will enable us to bring to our hometown the NASCAR Busch Series, along with the Grand-Am Rolex Series and the cars driven in one the most prestigious races on earth, the Rolex 24 at Daytona," said Martin Spalding, General Manager of GMI, at a press conference today in Montreal. "Not only are we fully confident that the numerous fans of NASCAR racing in Quebec and Canada will come witness exciting racing on a legendary course such as Circuit Gilles Villeneuve, we are expecting that a large number of American fans will want to try Montreal and experience its unique way of entertaining visitors." The 2007 race weekend is a great addition to the motorsports calendar, and marks the return of competition in a top NASCAR racing series to Canada, as well as the debut of Grand-Am Rolex Series sports car racing at the world renowned facility located in the heart of Montreal. "Complementing our strategy of positioning our events in key markets, today's announcement is significant for ISC as we are expanding our presence for the first time outside the United States," commented John R. Saunders, Executive Vice President of ISC. "We are especially pleased to partner with GMI in this endeavor, and will work closely with them to help build the race weekend into a significant long-term success." Fans can register immediately for tickets for the Saturday, August 4 NASCAR Busch Series event and Friday, August 3 Grand-Am Rolex Series race by calling (514) 397-0007 or visiting http://www.circuitgillesvilleneuve.ca/. GMI, based in Montreal, is Canada's most important motorsports events promoter. Under the leadership of Normand Legault, President and CEO, the group successfully promotes the F1 Canadian Grand Prix, which regularly attracts over 300,000 spectators and generates an annual economic fall-out estimated at $80 million (CDN) for Montreal's business community. ISC is a leading promoter of motorsports activities in the United States, currently promoting more than 100 racing events annually as well as numerous other motorsports-related activities. ISC owns and/or operates 11 of the nation's major motorsports entertainment facilities, including Daytona International Speedway (home of the Daytona 500). ISC also owns and operates, as well as has indirect equity interests in, a number of other motorsports- related businesses. For more information, visit ISC's Web site at http://www.iscmotorsports.com/. Statements made in this release that express ISC's or its 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 ISC's actual results could differ materially from those contained in or implied by such forward-looking statements. These 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 ISC's Security Exchange Commission ("SEC") filings including, but not limited to, the 10-K and subsequent 10-Qs. Copies of those filings are available from ISC and the SEC. ISC 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 ISC or any other person that the events or circumstances described in such statement are material. DATASOURCE: International Speedway Corporation CONTACT: Media and investors, Normand Prieur of GMI, +1-514-982-0833; or Wes Harris of ISC, +1-386-947-6465 Web site: http://www.iscmotorsports.com/ http://www.circuitgillesvilleneuve.ca/

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