INTERNATIONAL SPEEDWAY CORP
SC 13G/A, 1996-02-14
RACING, INCLUDING TRACK OPERATION
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<PAGE>
                                                               Page 1 of 29
                      SECURITIES AND EXCHANGE COMMISSION
                           Washington, D. C. 20549
                                 SCHEDULE 13G
                                       
                  Under the Securities Exchange Act of 1934
                                       
                            (Amendment No. 5)*


                    INTERNATIONAL SPEEDWAY CORPORATION
 .............................................................................
                               (Name of Issuer)

                               COMMON STOCK
 .............................................................................
                        (Title of Class of Securities)

                                  460335
 .............................................................................
                                (CUSIP Number)
  
  
     Check the following box if a fee is being paid with this statement [ ].
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
  
     * The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
  
     The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE>
                                                               Page 2 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                             William C. France
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ...................................USA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 3 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                              James C. France
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ...................................USA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 4 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                             Betty Jane France
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ...................................USA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 5 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                             Sharon M. France
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ...................................USA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 6 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                              Lesa D. Kennedy
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ...................................USA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 7 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                              Brian Z. France
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ...................................USA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 8 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                             Jamison C. France
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ...................................USA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 9 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                            Jennifer A. France
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ...................................USA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 10 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                               Amy L. France
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ...................................USA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 11 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                            Benjamin Z. Kennedy
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ...................................USA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 12 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
       National Association for Stock Car Auto Racing, Inc. (NASCAR)
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ...............................FLORIDA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 13 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                  Automotive Research Bureau, Inc. (ARB)
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ...............................FLORIDA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 14 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                  Western Opportunity Limited Partnership
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ................................NEVADA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................PN
______________________________________________________________________________
<PAGE>
                                                               Page 15 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                           Sierra Central Corp.
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ................................NEVADA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 16 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                       Principal Investment Company
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ................................NEVADA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 17 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                White River Investment Limited Partnership
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ................................NEVADA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................PN
______________________________________________________________________________
<PAGE>
                                                               Page 18 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                              Cen Rock Corp.
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ................................NEVADA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 19 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                       Secondary Investment Company
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ................................NEVADA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 20 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                       Polk City Limited Partnership
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ................................NEVADA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................PN
______________________________________________________________________________
<PAGE>
                                                               Page 21 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                         Boone County Corporation
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ................................NEVADA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 22 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                    Carl Investment Limited Partnership
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ................................NEVADA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................PN
______________________________________________________________________________
<PAGE>
                                                               Page 23 of 29
CUSIP No. 460335
______________________________________________________________________________

1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above
Persons
                       Quaternary Investment Company
                ..........................................
______________________________________________________________________________

2) Check the Appropriate Box if a Member of a Group (See Instructions)

  (a) [X]


  (b) [ ]

______________________________________________________________________________

3) SEC Use Only_______________________________________________________________
______________________________________________________________________________

4) Citizenship or Place of Organization ................................NEVADA
______________________________________________________________________________

Number of Shares   (5) Sole Voting Power.....................................0
                   ___________________________________________________________

Beneficially Owned (6) Shared Voting Power ......................1,408,779.000
                   ___________________________________________________________

by Each Reporting  (7) Sole Dispositive Power ...............................0
                   ___________________________________________________________

Person With:       (8) Shared Dispositive Power .................1,408,779.000
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person .1,408,779.000
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 ....................61.25%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 24 of 29
                                Item 1(a)

Name of Issuer: ............................International Speedway Corporation

                                Item 1(b)

Address of Issuer's Principal Executive Offices: 

      1801 West International Speedway Boulevard, Daytona Beach, Florida 32114

                                Item 2(a)

Name of Person Filing: 
This portion of the Schedule 13G is amended by adding the information
contained in Item 1 of the copies of the second part of the cover page which
is incorporated herein by reference.

                                Item 2(b)

Address of Principal Business Office or, if none, Residence:

      1801 West International Speedway Boulevard, Daytona Beach, Florida 32114

                                Item 2(c)
Citizenship:
This portion of the Schedule 13G is amended by adding the information
contained in Item 4 of the copies of the second part of the cover page which
is incorporated herein by reference.

                                Item 2(d)

Title of Class of Securities: ....................................Common Stock

                                Item 2(e)

CUSIP Number: ..........................................................406355
  
                                  Item 3
  
This item is inapplicable.

                                  Item 4

Ownership.
  
(a) Amount Beneficially Owned:...................................1,408,779.000
  
(b) Percent of Class:...................................................61.25%
    
(c) Number of shares as to which such person has:
    
 (i) sole power to vote or to direct the vote ...............................0
    
 (ii) shared power to vote or to direct the vote ................1,408,779.000
    
 (iii) sole power to dispose or to direct the disposition of ................0
    
 (iv) shared power to dispose or to direct the disposition of....1,408,779.000
  
<PAGE>
                                                               Page 25 of 29
                                  Item 5

Ownership of Five Percent or Less of a Class.
  
  If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [ ].
  
This item is inapplicable.


                                  Item 6

Ownership of More than Five Percent on Behalf of Another Person.
  
     No person, other than the members of the group and one non-group spouse
of a member of the group, has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of such securities.

                                  Item 7

Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company.
This item is inapplicable.  

                                  Item 8

Identification and Classification of Members of the Group.
  
A group has filed this schedule amendment pursuant to Rule 13d-1(c) and
accordingly an exhibit is attached stating the identity of each member of the
group.
  
                                  Item 9

Notice of Dissolution of Group.
This item is inapplicable.  

                                 Item 10
Certification.
This item is inapplicable. 

<PAGE>
                                                               Page 26 of 29
Signatures.
  
  After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Date February 14, 1996

/s/ William C. France                      /s/ James C. France
___________________________________        ___________________________________
Signature                                  Signature
William C. France, Individually, and       James C. France, Individually, and
on behalf of the following entities        on behalf of the following entities 
in the capacity indicated:                 in the capacity indicated:
NASCAR, as its President;                  As Custodian for Minor Children, 
Western Opportunity Limited                Jennifer C. France, 
Partnership, as President of               and Amy L. France;
a general partner, Sierra Central          Principal Investment Company, as    
Corp.;                                     its President;
Sierra Central Corp., as its               Secondary Investment Company, as
President;                                 its President;
Automotive Research Bureau,                Carl Investment Limited Partnership
as its President;                          as President of its general partner 
White River Investment Limited             Quaternary Investment Company; and
Partnership, as President of a             Quaternary Investment Company, as 
general partner, Cen Rock Corp.;           its President.
Cen Rock Corp., as its President;          ___________________________________
Polk City Limited Partnership, as          Name/Title
President of its general partner;
Boone County Corporation; and              /s/ Sharon M. France
Boone County Corporation, as its           ___________________________________
President.                                 Signature
___________________________________        Sharon M. France, Individually
Name/Title                                 ___________________________________
                                           Name/Title

/s/ Betty Jane France
___________________________________        
Signature                                  /s/ Brian Z. France
Betty Jane France, Individually            ___________________________________
___________________________________        Signature
Name/Title                                 Brian Z. France, Individually
                                           ___________________________________
                                           Name/Title
/s/ Lesa D. Kennedy
___________________________________
Signature                                  /s/ Jamison C. France
Lesa D. Kennedy, individually and          ___________________________________
as Custodian for minor child,              Signature
Benjamin Z. Kennedy                        Jamison C. France, Individually
___________________________________        ___________________________________
Name/Title                                 Name/Title

  
  The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is
signed on behalf of a person by his authorized representative other than an
executive officer or general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed
with the statement, provided, however, that a power of attorney for this
purpose which is already on file with the Commission may be incorporated by
reference. The name and any title of each person who signs the statement shall
be typed or printed beneath his signature.
  
  Note: Six copies of this statement, including all exhibits, should be filed
with the Commission.
  
 Attention: Intentional misstatements or omissions of fact constitute Federal
                 criminal violations (See 18 U. S. C. 1001).
<PAGE>
                                                               Page 27 of 29
                        Exhibit pursuant to Item 8
     This Amendment to the Statement on Schedule 13G to which this Exhibit is
attached has been prepared  on behalf of the group consisting of the persons
identified in the copies of the second part of the cover pages of the original
statement and this amendment, this statement is filed on behalf of the group
and on behalf of all persons who are members of the group and by their
signatures below they indicate their agreement that this statement is filed on
behalf of each of them.  The changes which necessitate the filing of this
amendment relate to the creation of additional members of the group, an
acquisition of additional shares by a member of the group pursuant to an
employee benefit plan and transfers among members of the group.  The France
family group owns 1,408,779 shares of the common stock of the issuer, which
represents 61.25% of the outstanding shares.  All members of the group have
shared power to vote or to direct the vote of the shares owned by members of
the group and all members of the group have shared power to dispose or to
direct the disposition of the shares owned by members of the group.  The name
of each member of the group, the amount of shares attributed to the group by
virtue of the beneficial ownership of the individual member of the group and
the percentage that number of shares represents of the total outstanding
shares of the Issuer as of January 1, 1996 is indicated: Western Opportunity
Limited Partnership, 507,675.000 shares, 22.07% [all shares shown are also
proportionately included in shares shown for other members of France family
group who have ownership interests in the Partnership]; Sierra Central Corp.,
5,077.000 shares, 0.22% [all shares shown are also included in shares shown
for Western Opportunity Limited Partnership, and William C. France]; Principal
Investment Company, 5,077.000 shares, 0.22% [all shares shown are also
included in shares shown for Western Opportunity Limited Partnership, and
James C. France]; White River Investment Limited Partnership, 124,131.000
shares, 5.40% [all shares shown are also proportionately included in shares
shown for other members of France family group who have ownership interests in
the Partnership]; Cen Rock Corp., 1,241.310 shares, 0.05% [all shares shown
are also included in shares shown for White River Investment Limited
Partnership, and William C. France]; Secondary Investment Company, 1,241.310
shares, 0.05% [all shares shown are also included in shares shown for White
River Investment Limited Partnership, and James C. France];  Polk City Limited
Partnership, 300,000 shares, 13.04% [all shares shown are also proportionately
included in shares shown for other members of France family group who have
ownership interests in the Partnership]; Boone County Corporation, 6,000
shares, 0.26% [all shares shown are also included in shares shown for Polk
City Limited Partnership and William C. France]; Carl Investment Limited
Partnership, 300,000 shares, 13.04% [all shares shown are also proportionately
included in shares shown for other members of France family group who have
ownership interests in the Partnership]; Quaternary Investment Company, 6,000
shares, 0.26% [all shares shown are also included in shares shown for Carl
Investment Limited Partnership and James C. France]; NASCAR, 121,648.38
shares, 5.29% [all shares shown are included in shares shown for White River
Investment Limited Partnership, William C. France and James France,
108,978.329 shares shown are also included in shares shown for Betty Jane
France and Sharon M. France, and 12,670.051 shares shown are also included in
shares shown for Automotive Research Bureau]; Automotive Research Bureau,
12,670.051 shares, 0.55% [all shares shown are also included in shares shown
for White River Investment Limited Partnership, NASCAR, William C. France and
James C. France];  William C. France, 664,847.891 shares, 28.99% [198,866.201
shares shown are also included in shares shown for Western Opportunity Limited
Partnership, 5,077 shares shown are also included in shares shown for Western
Opportunity Limited Partnership and Sierra Central Corp., 1,241.310 shares
shown are also included in shares shown for White River Investment Limited
Partnership and Cen Rock Corp.,  294,000 shares shown are also included in
shares shown for Polk City Limited Partnership, 6,000 shares shown are also
included in shares shown for Polk City Limited Partnership and Boone County
Corporation, 108,978.329 shares shown are also included in shares shown for
<PAGE>
                                                               Page 28 of 29
White River Investment Limited Partnership, James C. France, Betty Jane
France, Sharon M. France and NASCAR, 12,670.051 shares shown are also included
in shares shown for White River Investment Limited Partnership, James C.
France, Betty Jane France, Sharon M. France, NASCAR, and Automotive Research
Bureau, and 20,315 are included in shares shown for spouse, Betty Jane
France]; Betty Jane France, 147,907.144 shares, 6.43% [913.815 shares shown 
are also included in shares shown for Western Opportunity Limited Partnership,
108,978.329 shares shown are also included in shares shown for William C.
France, James C. France, Sharon M. France, NASCAR and White River Investment
Limited Partnership, and 17,700.000 are included in shares shown for spouse, 
William C. France];  James C. France, 735,881.547 shares, 32.00% [198,866.201
shares shown are also included in shares shown for Western Opportunity Limited
Partnership, 5,077 shares shown are also included in shares shown for Western
Opportunity Limited Partnership and Principal Investment Company, 1,241.310
shares shown are also included in shares shown for White River Investment
Limited Partnership and Secondary Investment Company, 294,000 shares shown are
also included in shares shown for Carl Investment Limited Partnership, 6,000
shares shown are also included in shares shown for Carl Investment Limited
Partnership and Quaternary Investment Corporation, 108,978.329 shares shown
are also included in shares shown for White River Investment Limited
Partnership, William C. France, Betty Jane France, Sharon M. France and
NASCAR, 12,670.051 shares shown are also included in shares shown for White
River Investment Limited Partnership, William C. France, Betty Jane France,
Sharon M. France, NASCAR and Automotive Research Bureau, 20,315 shares shown
are also included in shares shown for spouse, Sharon M. France and 70,885.656
shares shown are also included in shares shown for minor children, Jennifer A.
France and Amy L. France]; Sharon M. France, 148,055.144 shares, 6.44%
[913.815 shares shown are also included in shares shown for Western
Opportunity Limited Partnership, 108,978.329 shares shown are also included in
shares shown for William C. France, James C. France, Betty Jane France, NASCAR
and White River Investment Limited Partnership, and 17,848.000 are included in
shares shown for spouse, James C. France]; Lesa D. Kennedy, 56,984.656 shares,
2.48% [16,326.828 shares shown are also included in shares shown for Western
Opportunity Limited Partnership, and 17,391.828 shares shown are also included
in shares shown for minor child, Benjamin Z. Kennedy]; Brian Z. France,
35,442.828 shares, 1.54% [16,326.828 shares shown are also included in shares
shown for Western Opportunity Limited Partnership];  Jamison C. France,
35,442.828 shares, 1.54% [16,326.828 shares shown are also included in shares
shown for Western Opportunity Limited Partnership]; Jennifer A. France,
35,442.828 shares, 1.54% [16,326.828 shares shown are also included in shares
shown for Western Opportunity Limited Partnership, and all shares shown are
included in shares shown for father, James C. France]; Amy L. France,
35,442.828 shares, 1.54% [16,326.828 shares shown are also included in shares
shown for Western Opportunity Limited Partnership, and all shares shown are
included in shares shown for father, James C. France]; Benjamin Z. Kennedy,
17,391.828 shares, 0.76% [16,326.828 shares shown are also included in shares
shown for Western Opportunity Limited Partnership, and all shares shown are
included in shares shown for mother, Lesa D. Kennedy]; TOTAL, 1,408,779
shares, 61.25%.
<PAGE>
                                                               Page 29 of 29
Date February 14, 1996
    
/s/ William C. France                      /s/ James C. France
___________________________________        ___________________________________
Signature                                  Signature
William C. France, Individually, and       James C. France, Individually, and
on behalf of the following entities        on behalf of the following entities 
in the capacity indicated:                 in the capacity indicated:
NASCAR, as its President;                  As Custodian for Minor Children, 
Western Opportunity Limited                Jennifer C. France, 
Partnership, as President of               and Amy L. France;
a general partner, Sierra Central          Principal Investment Company, as    
Corp.;                                     its President;
Sierra Central Corp., as its               Secondary Investment Company, as
President;                                 its President;
Automotive Research Bureau,                Carl Investment Limited Partnership
as its President;                          as President of its general partner 
White River Investment Limited             Quaternary Investment Company; and
Partnership, as President of a             Quaternary Investment Company, as 
general partner, Cen Rock Corp.;           its President.
Cen Rock Corp., as its President;          ___________________________________
Polk City Limited Partnership, as          Name/Title
President of its general partner,
Boone County Corporation; and              /s/ Sharon M. France
Boone County Corporation, as its           ___________________________________
President.                                 Signature
___________________________________        Sharon M. France, Individually
Name/Title                                 ___________________________________
                                           Name/Title

/s/ Betty Jane France
___________________________________        
Signature                                  /s/ Brian Z. France
Betty Jane France, Individually            ___________________________________
___________________________________        Signature
Name/Title                                 Brian Z. France, Individually
                                           ___________________________________
                                           Name/Title
/s/ Lesa D. Kennedy
___________________________________
Signature                                  /s/ Jamison C. France
Lesa D. Kennedy, individually and          ___________________________________
as Custodian for minor child,              Signature
Benjamin Z. Kennedy                        Jamison C. France, Individually
___________________________________        ___________________________________
Name/Title                                 Name/Title

  



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