International Speedway Corporation (NASDAQ: ISCA) is the nation's largest owner/operator of car racetracks. ISCA owns thirteen racetracks with more than one million combined grandstand seats. These tracks hosted more than 100 racing events in 2007, including 21 NASCAR Sprint (formerly NEXTEL) Cup Series, 16 NASCAR Nationwide (formerly Busch) Series, and 9 NASCAR Craftsman Truck Series Races. International Speedway is also the owner of Motor Racing Network, producer and syndicator of live radio coverage of all NASCAR racing events.

In addition to revenues from admissions and merchandise and food sales, approximately half of the company's total revenues come from television rights fees and corporate sponsorships. In 2007, NASCAR signed a new eight year broadcast agreement with Fox, ABC/ESPN, TNT, and Speed worth $4.5 billion. In 2007, this agreement generated $253.3 million for International Speedway and is expected to increase by 3% per year through 2014^[1]; NASCAR-sanctioned racing events accounted for 85.8% of International Speedway's 2007 total revenues. Because these contracts cover long periods of time, they provide the company with a degree of stability.^[2]

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