As a result of the realignment, California Speedway will host an additional Winston Cup event weekend during the Labour Day weekend, Darlington Raceway will host race Winston Cup race weekends in March and November, and North Carolina Speedway will host one Winston Cup event weekend in February.
All changes will take effect for the 2004 season.
Said Lesa France Kennedy, president of International Speedway Corporation: "NASCAR's Winston Cup Series realignment offers the opportunity to increase the sport's exposure in major markets, which benefits the fans, teams, track operators, sponsors and television broadcast partners.
"An additional NASCAR event weekend in the Los Angeles area offers fans in an underserved part of the country another opportunity to experience the excitement and thrill of world-class racing. Further, with a second Winston Cup event in the nation's second largest media market, ISC will be able to leverage its relationships with marketing partners who recognise the incremental value offered by our increased national presence."
The Company expects these schedule changes will result in a net positive impact to fiscal 2004 revenue and earnings, and will include the contribution when it provides full financial guidance for its anticipated 2004 results later this year.
