Why do you recommend this news source? International Speedway Corporation NASDAQ: ISCA owns thirteen racetracks with more than one million combined grandstand seats. These tracks hosted more than racing events in , including 21 NASCAR Sprint formerly NEXTEL Cup Series, 16 NASCAR Nationwide formerly Busch Series, and 9 NASCAR Craftsman Truck Series Races. International Speedway is also the owner of Motor Racing Network, producer and syndicator of live radio coverage of all NASCAR racing events.

In addition to revenues from admissions and merchandise and food sales, approximately half of the company's total revenues come from television rights fees and corporate sponsorships. Because these contracts cover long periods of time, they provide the company with a degree of stability.

Since such a large percentage of the company's revenue comes from its relationship with NASCAR, ongoing litigation aimed at restricting this relationship poses a significant risk to the company's future growth.

James France, Chairman and CEO of ISCA, Lesa France Kennedy, President and director of ISCA, and Brian France all hold senior executive positions at NASCAR as well. NASCAR NEXTEL Cup Series [races]". This case was dismissed in early January , but the Kentucky Speedway has filed an appeal. Net Income in decreased In July , Kentucky Speedway filed a civil action lawsuit against NASCAR and International Speedway accusing them of acting "in combination and collusion with each other and other companies All of ISCA's venues are outdoor racetracks and thus susceptible to adverse weather conditions that can delay or cause the cancellation of events.

Many races sell out beforehand but for the races that don't sell out, the threat of bad weather can have a negative impact on walk-up ticket sales. Delaying events also has a negative impact on revenue because it hurts walk-up ticket sales, many people leave before the race, depriving the company of concessions revenues, and television revenue is decreased because a smaller audience will tune in to the race if its not run at its expected time.

If any NASCAR Series events are canceled at any racetracks, even those not owned by ISCA, the company would lose a portion of live broadcast revenues. In , ISCA began to see the effects of more conservative consumer spending when a NASCAR Sprint Cup race at Michigan International Speedway had 35, empty seats; many attributed this lower-than-expected attendance to a strained Michigan economy and higher fuel prices.

The cost of building and owning a racetrack, the limited number of motorsports races, and limited media contracts are all significant barriers to entry in the motorsports entertainment industry, inherently limiting International Speedway's competition.

The company's main competitors in motorsports entertainment are Speedway Motorsports TRK and Dover Motorsports DVD , however all of these companies see their competition as other professional sporting leagues and events such as the NFL, NBA, and MLB. Speedway Motorsports TRK - The second largest operator of motorsports racetracks in the US, this company operates 7 racetracks versus International Speedway's 13 and hosted 30 NASCAR Series events compared to International Speedway's 46 events.

Speedway Motorsports and International Speedway are co-owners of Motorsports Authentics, the leading producer of motorsports licensed merchandise. Dover Motorsports DVD - Dover Motorsports is the third largest operator of motorsports racetracks in the US. They operate 4 racetracks and hosted 12 NASCAR Series races in The number of motorsports events in the US is limited and although there are many permutations of the sport - Indy Racing League, National Hot Rod Association, motorcycle, etc.

The NASCAR Sprint Cup Series has 38 races, the Nationwide Series has 34 events, and the Craftsman Truck Series consists of 25 races. Services Sporting Activities Mature Racetrack Owners. From the makers of. BALANCE INCOME CASH FLOW. Unable to complete your request. Please refresh your browser.

ISCA stock quote - International Speedway Corporation Class A Common Stock price - gedyfej.web.fc2.com

See more recent news. International Speedway's ISCA Q1 Results - Earnings Call Transcript. More on International Speedway's FQ1. A Declining Business Plus Management Questions Makes International Speedway A Low-Beta Short. International Speedway lower after guidance update.

International Speedway's ISCA CEO Lesa France Kennedy on Q4 Results - Earnings Call Transcript. International Speedway Corp announces amendment to share repurchase program. Suggest other news sources for this topic.

Related Articles Speedway Motorsports TRK Dover Motorsports DVD Anheuser-Busch Companies BUD Nationwide Financial Services NFS Sprint Nextel S. Error creating thumbnail [6].

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Currencies Geographies Exchanges Rates. How To Invest Personal Finance Options Definitions. Contents 1 Business Financials 2 Trends and Forces 2. International Speedway ISCA [17]. Speedway Motorsports TRK [18]. Dover Motorsports DVD [19].

Stock:International Speedway (ISCA)

International Speedway ISCA [22]. Speedway Motorsports TRK [23]. Dover Motorsports DVD [24].