International Speedway Corp. issues report for fourth quarter, fiscal 2015

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International Speedway Corp., which operates tracks that host 21 NASCAR Sprint Cup races, including Daytona International Speedway, issued its report for the fourth quarter of 2015 and fiscal 2015 on Tuesday.

Among items in the report:

— Total revenue for fiscal year 2015 was $645.4 million compared to $651.9 in 2014, but operating income in 2015 was $85.6 million compared to $93.4 million the prior year.

— ISC officials expect total revenues in fiscal 2016 to be between $660-$670 million with revenue related to admissions, food, beverage and merchandise to increase about 3-4 percent, and corporate sales to increase about 15-16 percent.

— Broadcast rights in 2016 are expected to increase 3.1 percent for NASCAR’s top three series to about $322 million for ISC.

— ISC has one Sprint Cup Series entitlement sponsorship either open or not announced and four Xfinity Series race sponsorships either open or not announced. Last year at this time, ISC had one Cup and three Xfinity race sponsorships either open or not announced.

— ISC states that grandstand seats for the Feb. 21 Daytona 500 are “nearly sold out.”

— ISC stated that average ticket price for grandstand seats for Sprint Cup races was $86.10 in 2015. It was $85.82 in 2014.

— Tracks owned by ISC are: Auto Club Speedway, Chicagoland Speedway, Darlington Raceway, Daytona International Speedway, Homestead-Miami Speedway, Kansas Speedway, Martinsville Speedway, Michigan International Speedway, Phoenix International Raceway, Richmond International Raceway, Talladega Superspeedway and Watkins Glen International.

— For the full financial report from International Speedway Corp., go to its site here.