SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

KENNEDY LESA D

(Last)

(First)

(Middle)

1801 WEST INTERNATIONAL SPEEDWAY BLVD.

(Street)

DAYTONA BEACH

32114

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL SPEEDWAY CORP [ ISCA, ISCB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)	X	Other (specify below)
	President, Group Member		President, Group Member

3. Date of Earliest Transaction (Month/Day/Year)
01/27/2006

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock								225,996.55	I	By Western Opportunity
Class B Common Stock								1,500	I	Joint with Spouse
Class B Common Stock	01/27/2006		J⁽¹⁾		26,345.0402	D	$0	17,715,516.8152	I	By Remainder of France Family Group
Class B Common Stock	01/27/2006		J⁽¹⁾		22,194.0995	A	$0	22,194.0995	I	By WCF Family I, Inc thru Western Oppty
Class B Common Stock	01/27/2006		J⁽¹⁾		26,661.6667	A	$0	26,661.6667	I	By WCF Family I, Inc.
Class B Common Stock	01/27/2006		J⁽¹⁾		315.148	D	$0	0.0000	I	By WCF Family Ltd P/S by Polk City
Class B Common Stock	01/27/2006		J⁽¹⁾		22,195.246	D	$0	0.0000	I	By WCF Family Ltd P/S by Western Oppty
Class A Common Stock								25,686	D
Class A Common Stock								100.8374	I	As Custodian for child / BBL Ltd P/S
Class A Common Stock								1,796.6593	I	By BBL Limited P/S
Class A Common Stock								38.5033	I	By BBL Ltd P/S / BBL Company
Class A Common Stock								72,276	I	By Remainder of France Family Group
Class A Common Stock								1,500	I	By Spouse as custodian for child
Class B Common Stock								39,405	D
Class B Common Stock								17,914.799	I	As Custodian for child / BBL Ltd P/S
Class B Common Stock								251,770.7772	I	As custodian for child / Western Oppty
Class B Common Stock								322,621.7143	I	By BBL Limited P/S
Class B Common Stock								6,840.4967	I	By BBL Ltd P/S / BBL Company

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
07/01/2005 Options to Acquire ISCA	$57.01							07/01/2006	07/01/2015	Class A Common Stock	758		758	I	By Remainder of France Family Group

Explanation of Responses:

1. The transactions reported reflect the effect of the dissolution of two members of the France Family Group, the distribution of their assets to the other members of the group, and other intra-group transfers. Results in no change in the total number of shares held by the France Family Group.

Remarks:

	By: Glenn R. Padgett as attorney in fact for	01/30/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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