Increase in Annual Dividend

Shareholders Unanimously Approve Slate of Directors

DAYTONA BEACH, Fla., April 14 /PRNewswire-FirstCall/ -- International Speedway Corporation (Nasdaq: ISCA, OTC Bulletin Board: ISCB) ('ISC') announced today that James C. France, 64, is stepping down from the role of Chief Executive Officer effective June 1, 2009. Mr. France will remain Chairman of the Board of Directors in a non-executive capacity.

In addition, the Company's Board of Directors (the 'Board') announced the promotions, also effective June 1, 2009, of several executives to positions of new responsibility.

• Lesa France Kennedy, 47, currently President, will become Chief Executive Officer and retain the title of Vice Chair.
• John R. Saunders, 52, currently Executive Vice President and Chief Operating Officer, will become President;
• Roger R. VanDerSnick, 45, currently Senior Vice President - Marketing & Business Operations, will become Executive Vice President and Chief Operating Officer; and,
• Daniel W. Houser, 57, will move from Vice President to Senior Vice President, and remain Chief Financial Officer and Treasurer.

Commenting on the executive transitions, Mr. France stated, 'These changes follow the Company's plan of succession that has been in place for quite some time. Working closely with the Board, I look forward to continuing to provide key oversight and support to a strong management team that has shown careful and sound judgment on both strategic and operational matters. Under Lesa's continued outstanding leadership, I have every confidence they will drive future success for ISC's shareholders for many years to come.'

Mr. France continued, 'I think it is important in light of the current economic environment to note that these collective executive changes will not result in any increase in ISC's total annualized executive compensation expenses.'

Ms. France Kennedy commented, 'I join ISC's Board, management and team of employees in recognizing and expressing appreciation for Jim's contributions over his 50-year career with the Company, especially the last six years as Chief Executive Officer.