~Jim France Elected to Chairman, Lesa France Kennedy Elected to Vice Chair~ DAYTONA BEACH, Fla., Sept. 5 /PRNewswire-FirstCall/ -- International Speedway Corporation (NASDAQ:ISCA)(OTC:ISCB) (BULLETIN BOARD: ISCB) ("ISC") today announced changes to its Board of Directors (the "Board"). ISC Chief Executive Officer James C. France was elected to Chairman and President Lesa France Kennedy was elected to Vice Chair of the Company. In addition, Edsel B. Ford II, a long-time executive at Ford Motor Company and great-grandson of founder Henry Ford, has been nominated to fill a vacant directorship. William C. France, who passed away in June 2007, had been elected to a three-year term at the Company's April 2007 annual shareholders' meeting. Ford's formal election by the current directors to fill the remainder of the unexpired term is expected to take place in November. James France said, "Edsel Ford is a top leader from the business community, with an extensive background in the automotive and motorsports industries. He will certainly become a highly valued board member and we look forward to his future contributions to ISC." "ISC is a strong company with a long track record of success and I look forward to helping them continue on that path," said Ford. "I welcome the opportunity to join such a distinguished Board, and to work closely with Jim, Lesa and the other talented executives at the Company." "We are thrilled at the possibility of having an executive of Mr. Ford's caliber join our Board," said Ms. France Kennedy. "He will bring a wealth of experience and talent to our organization." Ford, 58, has been a member of the Board of Directors of Ford Motor Company since 1988. He began his career at Ford Motor Company in January 1974, was named president and chief operating officer of Ford Motor Credit Company in May 1991, and elected a company vice president in 1993. Ford is also the sole owner of Pentastar Aviation, formerly DaimlerChrysler Aviation, and the majority owner of Marketing Associates, a Detroit based marketing services organization. Lastly, Ford is the majority owner of The Ryder Group, a golf tournament services company based in Farmington, Michigan, and is the former Chairman of the Detroit Branch of the Chicago Federal Reserve Bank. 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(R) in Florida (home of the Daytona 500(R)); Talladega Superspeedway(R) in Alabama; Michigan International Speedway(R) located outside Detroit; Richmond International Raceway(R) in Virginia; California Speedway(SM) near Los Angeles; Kansas Speedway(R) in Kansas City, Kansas; Phoenix International Raceway(R) in Arizona; Chicagoland Speedway(R) and Route 66 Raceway(SM) near Chicago, Illinois; Homestead-Miami Speedway(SM) in Florida; Martinsville Speedway(R) in Virginia; Darlington Raceway(R) in South Carolina; and Watkins Glen International(R) 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(R) Radio, the nation's largest independent sports radio network; the Daytona 500 Experience(SM), the "Ultimate Motorsports Attraction" in Daytona Beach, Florida, the official attraction of NASCAR(R); and Americrown Service Corporation, a subsidiary that provides catering services, food and beverage concessions, and produces and markets motorsports-related merchandise. In addition, ISC has an indirect 50 percent interest in a business called Motorsports Authentics(R), 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, Corporate and Investor Communications, International Speedway Corporation, +1-386-947-6465 Web site: http://www.iscmotorsports.com/

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