ISC MOURNS THE PASSING OF CHAIRMAN BILL FRANCE

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ISC MOURNS THE PASSING OF CHAIRMAN BILL FRANCE

~ISC CEO Jim France Assumes Role of Chairman~

DAYTONA BEACH, Fla. – June 4, 2007 – International Speedway Corporation (NASDAQ Global Select Market: ISCA; OTC Bulletin Board: ISCB) ("ISC") announced today that William ("Bill") C. France, 74, ISC's Chairman, passed away this afternoon in Daytona Beach, Florida. Funeral arrangements are pending. Effective immediately, ISC Chief Executive Officer James ("Jim") C. France will assume the role of Chairman.

"For over four decades, Bill stood at the helm of a growing national phenomenon," said Jim France. "He successfully guided the sport into the American mainstream and elevated NASCAR racing to the pinnacle of motorsports. Bill was an extraordinary steward of the sport our father, 'Big' Bill France, founded over 60 years ago, and he led ISC on its tremendous path of success since taking the helm as Chief Executive Officer in 1981. "Bill led the Company's extraordinary growth during his tenure," France continued. "In addition, he also established a strong foundation for the continued success of the company. He instilled into ISC's culture the insight, vision and leadership necessary for the company to continue building upon his accomplishments well into the future. Our strong management team remains in place, complemented by a fully committed Board of Directors, and we remain intently focused on successfully leading the Company into the future."

"My father will be sorely missed, not only by our family, but by all the lives he touched over his many years in the sport," said ISC President Lesa France Kennedy. "From drivers to owners to other track operators and professionals in the racing world, Bill France served as a champion for motorsports and his legacy is the renowned success that NASCAR and ISC have, and will continue to achieve."

Information for memorial considerations will be forthcoming and made available on www.iscmotorsports.com.

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; California Speedway near Los Angeles; Kansas Speedway in Kansas City, Kansas; Phoenix International Raceway in Arizona; Chicagoland Speedway and Route 66 Raceway near Chicago, Illinois; Homestead-Miami Speedway in Florida; Martinsville Speedway in Virginia; Darlington Raceway in South Carolina; and Watkins Glen International in New York. In addition, ISC is a limited partner with Group Motorise International in the organization and promotion of certain events at Circuit Gilles Villeneuve in Montreal, Canada.

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, ISC 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 www.iscmotorsports.com.

Statements made in this release that express the Company's or management's beliefs or expectations and which are not historical facts or which are applied prospectively are forward-looking statements. It is important to note that the Com

pany's actual results could differ materially from those contained in or implied by such forward-looking statements. The Company's results could be impacted by risk factors, including, but not limited to, weather surrounding racing events, government regulations, economic conditions, consumer and corporate spending, military actions, air travel and national or local catastrophic events. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the Company's SEC filings including, but not limited to, the 10-K and subsequent 10-Qs. Copies of those filings are available from the Company and the SEC. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be needed to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by International Speedway or any other person that the events or circumstances described in such statement are material.

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500 Speedway Blvd, Joliet, Illinois 60433 Tickets & Information Call 888.629.RACE (7223)

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