PENSKE MOTORSPORTS INC
15-12G, 1999-07-27
RACING, INCLUDING TRACK OPERATION
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 15

             Certification and Notice of Termination of Registration
                 Under Section 12(g) of the Securities Exchange
                Act of 1934 or Suspension of Duty to File Reports
                       Under Sections 13 and 15(d) of the
                         Securities Exchange Act of 1934

                        Commission File Number 0-28044


                Penske Motorsports, Inc., now known as 88 Corp.
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                             13400 West Outer Drive
                          Detroit, Michigan 48239-4001
                                 (313) 502-5000
- --------------------------------------------------------------------------------
    (Address, including zip code, and telephone number, including area code,
                  of registrant's principal executive offices)

                          Common Stock, $0.01 par value
- --------------------------------------------------------------------------------
            (Title of each class of securities covered by this Form)

                                      None
   (Title of all other classes of securities for which a duty to file reports
                     under Section 13(a) or 15(d) remains)

         Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:

Rule 12g-4(a)(1)(i)             (X)           Rule 12h-3(b)(1)(ii)           ( )
Rule 12g-4(a)(1)(ii)            ( )           Rule 12h-3(b)(2)(i)            ( )
Rule 12g-4(a)(2)(i)             ( )           Rule 12h-3(b)(2)(ii)           ( )
Rule 12g-4(a)(2)(ii)            ( )           Rule 15d-6                     ( )
Rule 12h-3(b)(1)(i)             (X)

         Approximate number of holders of record as of the certification or
notice date:  __1__



<PAGE>


         Pursuant to the requirements of the Securities Exchange Act of 1934, 88
Corp. has caused this certification/notice to be signed on its behalf by the
undersigned duly authorized person.


Dated:  July 27, 1999                             By: /s/ W. Garrett Crotty
                                                      Name:    W. Garrett Crotty
                                                      Title:   Secretary












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