The company has not filed an annual or quarterly report since its Q3 FY2019 10-Q, filed Oct 3, 2019. Its latest SEC filing is a SC 13G/A from Feb 13, 2020.
10-Q for Q3 FY2019, filed Oct 3, 2019
The sections below describe the company as of the FY2018 annual report.
Promotes racing and other motorsports events at its facilities and provides related entertainment, food, and radio services for fans, sponsors, and media companies.
10-K for FY2018, filed Jan 25, 2019We are a leading owner of major motorsports entertainment facilities and promoter of motorsports themed entertainment activities in the…View ↗
Our business consists principally of promoting racing events at these major motorsports entertainment facilities, which, in total…View ↗
The general nature of our business is a motorsports themed amusement enterprise, furnishing amusement to the public in the form of…View ↗
Fans buy tickets and food, drink and merchandise; sponsors buy event promotion, while tenants lease space. Ticket and sponsorship revenue comes when events take place, merchandise revenue at sale, and minimum rent is spread across the initial lease term.
10-K for FY2018, filed Jan 25, 2019“Motorsports and other event related” revenue primarily includes television and ancillary media rights fees, promotion and sponsorship…View ↗
“Food, beverage and merchandise” revenue includes revenues from concession stands, direct sales of souvenirs, hospitality catering…View ↗
Revenue Recognition. Advance ticket sales and event-related revenues for future events are deferred until earned, which is generally once…View ↗
Our revenues from marketing partnerships are paid in accordance with negotiated contracts, with the identities of partners and the terms of…View ↗
Revenues and related costs from the sale of concessions and merchandise for motorsports and non-motorsports events are recognized at the…View ↗
Minimum rental revenue from operating leases is recognized on a straight-line basis over the initial terms of the related leases. Certain…View ↗
$677.1M
10-K for FY2018, filed Jan 26, 2019
$677.1M ↗
Fans buy event tickets and food and merchandise at ISC facilities. Sponsors arrange corporate partnerships through ISC's sales team, while radio stations pay for rights to carry MRN programming.
10-K for FY2018, filed Jan 25, 2019“Admissions, net” revenue includes ticket sales for all of our racing events and other motorsports activities and amusements, net of any…View ↗
“Food, beverage and merchandise” revenue includes revenues from concession stands, direct sales of souvenirs, hospitality catering…View ↗
The general nature of the Company’s business is a motorsports themed amusement enterprise, furnishing amusement to the public in the form…View ↗
MRN for the contemporaneous re-airing of race broadcasts and certain other production services. MRN produces and provides unique content to…View ↗
Yes. It kept 33 cents of every revenue dollar as net income in FY2018.
10-K for FY2018, filed Jan 26, 2019
8-K, filed Oct 18, 2019
On October 18, 2019, pursuant to the terms of the Merger Agreement, Parent completed the acquisition of the Company through the merger of…View ↗
8-K, filed Oct 8, 2019
On October 8, 2019, International Speedway Corporation (the “Company”) announced that it had provided formal notice to The Nasdaq Stock…View ↗
8-K, filed May 22, 2019
On May 22, 2019, International Speedway Corporation (“ISC” or the “Company”), entered into an Agreement and Plan of Merger (the “Merger…View ↗
Held flat. Revenue was $677.1M in FY2018, about the same as the $654M of FY2014.
ONE DAYTONA
The later report describes ONE DAYTONA as a retail, dining and entertainment destination across from Daytona International Speedway; the older description focused on racing, catering, radio and a casino investment.
10-K for FY2015, filed Jan 27, 2016 10-K for FY2018, filed Jan 25, 2019Our business consists principally of promoting racing events at these major motorsports entertainment facilities, which, in total…View ↗
We have developed a retail, dining and entertainment destination, ONE DAYTONA, across from Daytona International Speedway, which is…View ↗
Competes with NASCAR, American Sportbike Racing Association, USAC, Sports Car Club of America, IMSA, IndyCar Series, and ARCA
10-K for FY2018, filed Jan 25, 2019We are among the largest owners of major motorsports themed entertainment facilities based on revenues, number of facilities owned and/or…View ↗
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