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MarketScreener Homepage  >  Equities  >  Nasdaq  >  International Speedway Corp    ISCA

INTERNATIONAL SPEEDWAY CORP (ISCA)
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International Speedway Corporation : Announces Officer Promotions

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02/08/2018 | 11:17am CEST

(GlobeNewswire) - International Speedway Corporation (NASDAQ:ISCA) (OTCBB:ISCB) (ISC) today announced the promotion of three officer positions.

Frank Kelleher was promoted to Vice President, ISC Sales and Marketing. Kelleher previously served as Managing Director of ISC Sales and Marketing. As Vice President,he will lead all ISC partner marketing and activation, partnership sales, media sales and partnership insights/strategy.Kelleher graduated from Marywood University in 2003, earning a BA in Business Administration. Kelleher is a two-time National Champion with the World Karting Association.

Benjamin Odom has been promoted to Vice President, ISC Legal and Deputy General Counsel. Odom previously served as Managing Director, Associate Counsel for ISC Legal. As Vice President, he will lead the Companys legal department on all legal matters including contract drafting and review, litigation, and regulatory compliance. Odom earned his Juris Doctorate from Florida State College of Law in 2004 and joined the Company in 2006.

In addition, Greg Motto, Chief Financial Officer and Treasurer has been promoted to Executive Vice President.

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 nations 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.

The Company also owns and operates Motor Racing NetworkSM, the nation`s largest independent sports radio network and Americrown Service CorporationSM, a subsidiary that provides catering services, and food and beverage concessions. In addition, the Company owns ONE DAYTONA, the retail, dining and entertainment development across from Daytona International Speedway, and has a 50 percent interest in the Hollywood Casinoat Kansas Speedway. For more information, visit the Company`s Web site at www.internationalspeedwaycorporation.com.

CONTACT:Investor Relations(386) 681-6516

(c) 2018 palestinechronicle.com Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2018 691 M
EBIT 2018 116 M
Net income 2018 87,0 M
Finance 2018 4,52 M
Yield 2018 1,04%
P/E ratio 2018 12,21
P/E ratio 2019 19,96
EV / Sales 2018 2,79x
EV / Sales 2019 2,71x
Capitalization 1 935 M
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Mean consensus HOLD
Number of Analysts 4
Average target price 43,7 $
Spread / Average Target -1,7%
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Managers
NameTitle
Lesa France Kennedy Vice Chairman & Chief Executive Officer
John R. Saunders President
James C. France Chairman & Assistant Treasurer
Joel Scott Chitwood Chief Operating Officer & Executive Vice President
Gregory S. Motto CFO, Treasurer & Executive Vice President
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