NASCAR: Revenues are down, ISC suffers

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International Speedway Corp. said it has seen admissions revenue drop 16.5 percent, motorsports-related revenue drop 8.7 percent and food, beverage and merchandise revenue drop 33.7 percent. ISC owns tracks that host a total of 19 NASCAR Sprint Cup points races; that is Daytona, the Auto Club Speedway in California, Talladega, Richmond, Phoenix, Michigan, Martinsville, Kansas, Chicagoland , Homestead-Miami, Watkins Glen and Darlington. ISC expects overall admissions revenue to drop 15 percent for the year and it is looking at other ways to generate more admissions revenue. On a brighter note, less than 10 percent of ISC's gross marketing partner revenue comes from auto manufacturers, so any impact from the reorganizations of Chrysler and General Motors should be minimal.