Court Dismisses Kentucky Case

DAYTONA BEACH, Fla. – International Speedway Corporation today announced the United States District Court, Eastern District of Kentucky, has dismissed, in its entirety, the civil anti-trust action brought by Kentucky Speedway, LLC against ISC and NASCAR.

“We are extremely pleased with today’s decision by the federal court in Kentucky,” said ISC Chief Executive Officer James C. France. “From the beginning, we have said that the case was without legal or factual merit. This ruling reaffirms the validity of a business model that has significantly benefited the sport’s fans, business partners and other industry constituents for more than fifty years. We now look forward to devoting 100% of our attention on the new race season beginning later this month at Daytona International Speedway, highlighted by the legendary Grand-Am Rolex 24 at Daytona and the historic 50th running of the NASCAR Sprint Cup Series Daytona 500.”

Kentucky Speedway issued a statement of its own following the decision.

“We are disappointed in the Court’s decision, both for ourselves, for the Commonwealth of Kentucky, and for all those fans who have been hurt by what we believe are NASCAR’s and ISC’s anticompetitive actions toward Kentucky Speedway. We are convinced that there are serious issue of both fact and law, and we intend to appeal.”

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