International Speedway Corporation (NasdaqGS:ISCA) agreed to acquire Assets of Racing Electronics LLC from Racing Electronics LLC for $8.5 million in cash on November 1, 2018. Racing Electronics President of Motorsports Chad Willis continuing in his role. Racing Electronics will maintain its manufacturing and business operations from its Concord, NC headquarters. Beginning January 1, 2019, ISC will assume operation of Racing Electronics. International Speedway Corporation (NasdaqGS:ISCA) completed the acquisition of Assets of Racing Electronics LLC from Racing Electronics LLC in January 2019. International Speedway expect the operations of Racing Electronics to be immediately incremental to our earnings and will be included in our 2019 earnings guidance.