DAYTONA BEACH, Fla., May 26, 2015 /PRNewswire/ -- International Speedway Corporation (NASDAQ Global Select Market: ISCA; OTC Bulletin Board: ISCB) ("ISC") today announced an extension of their strategic partnership with leading sports and entertainment presenters AEG. The relationship further solidifies two organizations focused on facility ownership and management, sporting properties, live event promotion, and media production and distribution.
The new partnership will include AEG's live-entertainment division, AEG Live, as ISC examines opportunities to develop music and other live events at many of its 13 motorsports entertainment facilities throughout the U.S.
"We are always seeking new ways to improve the guest experience," said Lesa France Kennedy, ISC CEO. "Partnering with AEG Live is one great example as we expand our entertainment calendar beyond motorsports to include additional high-energy live entertainment productions."
AEG Facilities, a stand-alone division of AEG that operates and consults with preeminent venues worldwide, will continue to advise ISC on its latest development projects including DAYTONA Rising, the $400 million renovation of Daytona International Speedway set to open in January 2016, and ONE DAYTONA, a premier retail and entertainment destination planned across from the legendary Speedway.
"Partnering with ISC, the nation's largest motorsports entertainment provider, is a great opportunity for AEG," said Jay Marciano, Chief Operating Officer, AEG and Chairman AEG Live. "Combining ISC's iconic sites and outstanding infrastructure with AEG's resources will allow us to create unforgettable music events and great fan experiences at some of the nation's most storied venues."
ABOUT ISC
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; 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.
The Company also owns and operates Motor Racing NetworkSM, the nation's largest independent sports radio network, and Americrown Service CorporationSM, a subsidiary that provides catering services, food and beverage concessions, and through its subsidiary Motorsports Authentics, produces and markets motorsports-related merchandise. In addition, the Company has a 50 percent interest in the Hollywood Casino at Kansas Speedway. For more information, visit the Company's website at www.InternationalSpeedwayCorporation.com.
ABOUT AEG
AEG is one of the leading sports and entertainment presenters in the world. AEG, a wholly owned subsidiary of the Anschutz Company, owns or is affiliated with a collection of companies including over 100 of the world's preeminent facilities such as STAPLES Center (Los Angeles, CA), StubHub Center (Carson, CA), BBVA Compass Stadium (Houston, TX), Barclay's Center (Brooklyn, NY), Sprint Center (Kansas City), Target Center (Minneapolis, MN), Mercedes-Benz Arena (Shanghai, China), MasterCard Center (Beijing, China), Allphones Arena (Sydney, Australia), Stockholm Globe Arenas (Stockholm, Sweden), Mercedes-Benz Arena (Berlin, Germany), O2 World Hamburg, Indigo2 and The O2 arena and entertainment district (London, England) which are all part of the portfolio of AEG Facilities. Developed by AEG, L.A. LIVE is a four million square foot / $3 billion downtown Los Angeles sports, residential and entertainment district featuring Nokia Theatre L.A. LIVE and Club Nokia, a 54-story, 1001-room convention "headquarters" destination along with entertainment, restaurant and office space that "officially" opened in 2010. In addition to overseeing privately held management shares of the Los Angeles Lakers (NBA), assets of AEG Sports include franchises and properties such as the LA Kings (NHL), LA Galaxy and Houston Dynamo (MLS), two hockey franchises in Europe and the Amgen Tour of California cycling race. AEG Live, the company's live-entertainment division, is the world's second largest concert promotion and touring companies and is comprised of touring, festival, exhibition, broadcast and special event divisions with 15 regional offices.
For additional information, visit: www.aegworldwide.com.
Logo - http://photos.prnewswire.com/prnh/20091005/FL87045LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/international-speedway-corporation-announces-new-strategic-partnership-with-aeg-300088112.html
SOURCE International Speedway Corporation
