ISCA International Speedway Corporation Class A

International Speedway Corporation Announces Officer Resignation

International Speedway Corporation Announces Officer Resignation

DAYTONA BEACH, Fla., Aug. 22, 2019 (GLOBE NEWSWIRE) -- International Speedway Corporation (NASDAQ Global Select Market: ISCA; OTC Bulletin Board: ISCB) (“ISC”) today announced Joie Chitwood III has resigned his position as Executive VP and Chief Operating Officer of ISC, effective November 30, 2019.

“After 10 great years with ISC and with the pending merger, this feels like the right time to step away and find a new challenge,” said Chitwood. “I am proud to have been involved in several transformation projects while at ISC. I’m so fortunate to have a great opportunity to be pro-active in deciding what challenge, in or out of motorsports that I’d like to pursue next.”

“Joie has provided us with great leadership and strategy during his time at ISC. He has helped us successfully execute some of the most ambitious projects our company has ever undertaken such as the DAYTONA Rising project and the rebuild of ISM Raceway,” said John Saunders, President International Speedway Corporation. “We will miss him and wish him all the best in the future.”

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. We own and/or operate 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 Raceway® in Virginia; Auto Club Speedway of Southern CaliforniaSM near Los Angeles; Kansas Speedway® in Kansas City, Kansas; ISM Raceway near Phoenix, Arizona; Chicagoland Speedway® and Route 66 RacewaySM near Chicago, Illinois; Homestead-Miami SpeedwaySM in Florida; Martinsville Speedway® in Virginia; Darlington Raceway® in South Carolina; and Watkins Glen International® in New York.

We also own and operate Motor Racing NetworkSM, the nation's largest independent sports radio network, Racing Electronics, the leader in motorsports communication technology and equipment and Americrown Service, a subsidiary that provides catering services, and food and beverage concessions. In addition, we own ONE DAYTONA, the retail, dining and entertainment development across from Daytona International Speedway, and have a 50.0 percent interest in the Hollywood Casino at Kansas Speedway. For more information, visit our website at

CONTACT: 

Investor Relations

(386) 681-6516

EN
22/08/2019

Underlying

ISCAInternational Speedway Corporation Class A

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on International Speedway Corporation Class A

 PRESS RELEASE
Free
ISCA International S...

ISC Completes Closing of Acquisition by NASCAR

ISC Completes Closing of Acquisition by NASCAR DAYTONA BEACH, Fla., Oct. 18, 2019 (GLOBE NEWSWIRE) -- International Speedway Corporation (NASDAQ Global Select Market: ISCA; OTC Bulletin Board: ISCB) (“ISC”)  today announced the closing of the previously announced merger contemplated by the Agreement and Plan of Merger, dated as of May 22, 2019, with NASCAR Holdings, Inc. (“NASCAR”), pursuant to which ISC became a wholly owned subsidiary of NASCAR. ISC shareholders, including shareholders representing a majority of the total voting power not held by certain controlling shareholders of ISC...

October 18, 2019 1 EN
 PRESS RELEASE
Free
ISCA International S...

ISC Announces Anticipated Closing Date for Acquisition by NASCAR

ISC Announces Anticipated Closing Date for Acquisition by NASCAR DAYTONA BEACH, Fla., Oct. 08, 2019 (GLOBE NEWSWIRE) -- International Speedway Corporation (NASDAQ Global Select Market: ISCA; OTC Bulletin Board: ISCB) (“ISC”) has delivered a written communication to NASDAQ stating that it has called a special meeting of shareholders on October 16, 2019, for the purpose of voting to approve the merger (the “Merger”) of Nova Merger Sub, Inc., a Florida corporation (“Merger Sub”) and a wholly owned subsidiary NASCAR Holdings, Inc., a Florida Corporation (“Parent”), with and into the Company. ...

October 8, 2019 1 EN
 PRESS RELEASE
Free
ISCA International S...

International Speedway Corporation Announces Officer Resignation

International Speedway Corporation Announces Officer Resignation DAYTONA BEACH, Fla., Aug. 22, 2019 (GLOBE NEWSWIRE) -- International Speedway Corporation (NASDAQ Global Select Market: ISCA; OTC Bulletin Board: ISCB) (“ISC”) today announced Joie Chitwood III has resigned his position as Executive VP and Chief Operating Officer of ISC, effective November 30, 2019. “After 10 great years with ISC and with the pending merger, this feels like the right time to step away and find a new challenge,” said Chitwood. “I am proud to have been involved in several transformation projects while at ISC....

August 22, 2019 1 EN
Jaime Katz
  • Jaime Katz
EUR 850.00
ISCA International S...

Morningstar | Admission Growth Wanes at ISC, Incentivizing Shareholder...

With admissions falling 5% in narrow-moat International Speedway’s, or ICS', second quarter and 4.5% year to date, it’s clear that the business has struggled to attract race car enthusiasts to the track consistently. We expect competitiveness and low switching costs across leisure activities to restrict the company’s ability to grow sales as rapidly as in the past, which should hold return on invested capital, or ROIC, metrics to a mid-single-digit level. We don’t plan any changes to our...

ISCA INTERNATIONAL SPEEDWAY CORPORATION CLASS A
07/03/19 July 3, 2019 3 EN
Jaime Katz
  • Jaime Katz
EUR 100.00
ISCA International S...

Admission Growth Wanes at ISC, Incentivizing Shareholders to Support P...

With admissions falling 5% in narrow-moat International Speedway’s, or ICS', second quarter and 4.5% year to date, it’s clear that the business has struggled to attract race car enthusiasts to the track consistently. We expect competitiveness and low switching costs across leisure activities to restrict the company’s ability to grow sales as rapidly as in the past, which should hold return on invested capital, or ROIC, metrics to a mid-single-digit level. We don’t plan any changes to our...

ISCA INTERNATIONAL SPEEDWAY CORPORATION CLASS A
07/03/19 July 3, 2019 13 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch