International Speedway Declares Annual Dividend

~Shareholders Re-Elect Five Directors and Approve Long-Term Incentive Plan~

DAYTONA BEACH, Fla., April 13 -- International Speedway Corporation today announced an increase in its annual dividend and the re-election of five Board of Directors members.

ISC declared an annual dividend of $0.08 per share, payable on June 30, 2006, to common stockholders of record on May 31, 2006, marking the 33rd consecutive year that the Company has paid a dividend to its shareholders. ISC paid an annual dividend of $0.06 per share in 2005.

Separately, at the annual meeting of its shareholders, the following members of ISC's Board of Directors were re-elected to a three-year term: Lesa France Kennedy, 44; Larry Aiello, Jr., 56; J. Hyatt Brown, 68; Edward H. Rensi, 61; and Thomas W. Staed, 74. In addition, ISC shareholders approved the Company's 2006 Long-Term Incentive Plan (the "2006 Plan"). The purpose of the 2006 Plan is (i) to provide key employees (including officers and directors), consultants and advisors of the Company with increased financial incentives to make significant and extraordinary contributions to the long- term performance and growth of ISC; (ii) to join the interests of such key employees, consultants and advisors with the interests of the shareholders of the Company; and (iii) to facilitate attracting and retaining key employees, consultants and advisors. The 2006 Plan replaces and is similar in all material aspects to ISC's 1996 Long-Term Incentive Plan, which included a ten- year effective term that expires later this year.

International Speedway Corporation is a leading promoter of motorsports activities in the United States, currently promoting more than 100 racing events annually as well as numerous other motorsports-related activities. The Company owns and/or operates 11 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; California Speedway near Los Angeles; Kansas Speedway in Kansas City, Kansas; Phoenix International Raceway in Arizona; Homestead-Miami Speedway in Florida; Martinsville Speedway in Virginia; Darlington Raceway in South Carolina; and Watkins Glen International in New York. Other motorsports entertainment facility ownership includes an indirect 37.5 percent interest in Raceway Associates, LLC, which owns and operates Chicagoland Speedway and Route 66 Raceway near Chicago, Illinois.

The Company also owns and operates MRN Radio, the nation's largest independent sports radio network; DAYTONA USA, the "Ultimate Motorsports Attraction" in Daytona Beach, Florida, the official attraction of NASCAR; and subsidiaries which provide catering services, food and beverage concessions, and produce and market motorsports-related merchandise under the trade name "Americrown." In addition, the Company has an indirect 50 percent interest in a business called Motorsports Authentics, 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/ .