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^*

FRANCE JAMES C

(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)
	Chairman/CEO		Group Member

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2010

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 A Common Stock	02/10/2010		S		67,506⁽¹⁾	D	$25.47	138,151	D
Class A Common Stock	02/10/2010⁽²⁾		J		82,494	D	$0	55,657	D
Class B Common Stock	02/10/2010⁽³⁾		J		702,871	A	$0	772,114.999	D
Class B Common Stock	02/10/2010⁽²⁾		J		82,494	A	$0	854,608.999	D
Class A Common Stock	02/10/2010⁽²⁾		J		82,494	A	$0	182,730	I	By Remainder of France Family Group
Class A Common Stock	02/10/2010		S		151,882⁽¹⁾	D	$25.47	30,848	I	By Remainder of France Family Group
Class B Common Stock	02/10/2010⁽²⁾		J		82,494	D	$0	11,635,016.7308	I	By Remainder of France Family Group
Class B Common Stock	02/10/2010⁽³⁾		J		944,904	D	$0	10,690,112.7308	I	By Remainder of France Family Group
Class B Common Stock	02/10/2010⁽³⁾		J		242,033	A	$0	242,033	I	By Spouse
Class B Common Stock								40,251	I	By Automotive Research Bureau, Inc.
Class B Common Stock								758,260.62	I	By Carl Investment Limited Partnership
Class B Common Stock								15,474.38	I	By Carl Investment/Quaternary Invesment
Class B Common Stock								316,966	I	By Carl Three Limited Partnership
Class B Common Stock								1,626	I	By Carl Three, LLC by Carl Three LP
Class B Common Stock								2,044,846	I	By Carl Two Limited Partnership
Class B Common Stock								3,077	I	By Carl Two, LLC by Carl Two LP
Class B Common Stock								52,937	I	By Quaternary Investment Company
Class B Common Stock								1,500	I	By Spouse Directly
Class B Common Stock								3,358,987.1877	I	By Western Opportunity
Class B Common Stock								73,199.28	I	By Western Opportunity /Principal Invest

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)

Explanation of Responses:

1. Sale to Issuer in transaction exempt from Section 16b.

2. The transaction reported is the effects of the exchange by one or more members of the France Family Group of shares of class A common stock for an equal number of shares of class B common stock with one or more other members of the France Family Group. Results in no change in the total number of shares of class A or the total number of shares of class B held by the France Family Group.

3. Distribution to beneficial owners as a result of liquidation of the entity holding the shares. Results in no change in total number of shares held by FFG.

Remarks:

	W. Garrett Crotty as attorney in fact for James C. France	02/12/2010
	** 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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