Dover Motorsports, Inc. Quarterly Earnings Conference Call Announcement

    DOVER, Del., Jan. 23 -- Dover Motorsports, Inc.
invites you to participate in a conference call subsequent to the
release of Dover Motorsports, Inc.'s earnings for the fourth quarter and year
ended December 31, 2002.  The conference call will be held on Thursday,
January 30, 2003 at 10:30 a.m. Eastern Time.
    To listen to the conference call, you should dial 706-643-1973 five to ten
minutes before the scheduled start time and request to be connected to the
Dover Motorsports, Inc. conference call, conference ID number 7787833.  If you
wish to listen to a playback of the conference call, you may dial
706-645-9291, (access code 7787833) beginning two hours after the conference
call.  The playback will be available through February 6, 2003.

    This release contains or may contain forward-looking statements based on
management's beliefs and assumptions.  Such statements are subject to various
risks and uncertainties that could cause results to vary materially.  Please
refer to the Company's SEC filings for a discussion of such factors.

    Dover Motorsports, Inc. is a leading promoter of motorsports events in the
United States.  Its motorsports subsidiaries operate seven motorsports tracks
(four permanent facilities and three temporary circuits) in six states and
promote motorsports events under the auspices of four of the premier
sanctioning bodies in motorsports - NASCAR, CART, IRL and NHRA.  The Company
owns and operates Dover International Speedway in Dover, DE; the new Nashville
Superspeedway near Nashville, TN; Gateway International Raceway near St.
Louis, MO; and Memphis Motorsports Park near Memphis, TN.  It also organizes
and promotes the Toyota Grand Prix of Long Beach in California, the Shell
Grand Prix of Denver in Colorado and the Grand Prix of St. Petersburg in
Florida.