ISC Statement on the Passing of Dr. Bruce Kennedy
10 Juillet 2007 - 7:34PM
PR Newswire (US)
DAYTONA BEACH, Fla., July 10 /PRNewswire-FirstCall/ --
International Speedway Corporation (NASDAQ:ISCA)(OTC:ISCB)
(BULLETIN BOARD: ISCB) ("ISC") issued the following statement
today: ISC Executive Vice President and COO John Saunders said:
"Our thoughts and prayers are with everyone involved in the plane
crash that occurred this morning in Sanford, Florida. We are deeply
saddened by the loss of Dr. Bruce Kennedy, and others that have
been lost or injured in this tragic accident. We ask that you
respect the privacy of the Kennedy and France families while they
deal with this terrible loss." Dr. Kennedy was husband to ISC
President Lesa France Kennedy. Earlier media reports inaccurately
reported that Lesa France Kennedy was a passenger on the plane. No
ISC officers or employees were on-board the plane. 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; the Daytona 500 Experience, 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 http://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 Company'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. DATASOURCE: International Speedway
Corporation CONTACT: Wes Harris, Senior Director, Corporate and
Investor Communications, +1-386-947-6465 Web site:
http://www.iscmotorsports.com/
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