INTERNATIONAL SPEEDWAY CORP
SC 13G, 1997-03-11
RACING, INCLUDING TRACK OPERATION
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<PAGE>

                          SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C. 20549

                                     SCHEDULE 13G

                INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
                      UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (Amendment No.       )*
                                              ------


                             International Speedway Corp.
- --------------------------------------------------------------------------------
                                   (Name of Issuer)

                                 Class A Common Stock
- --------------------------------------------------------------------------------
                            (Title of Class of Securities)


                                      460335201
- --------------------------------------------------------------------------------
                                    (CUSIP Number)









- ------------------------------

*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 on 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).


                           (Continued on following page(s))


                                  Page 1 of 8 Pages


<PAGE>

CUSIP No. 460335201                   13G                 Page  2  of  8  Pages
          ---------                                            ---    ---

- -------------------------------------------------------------------------------
 (1) Names of Reporting Persons.  S.S. or I.R.S. Identification Nos. of Above
     Persons

         The TCW Group, Inc.

- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member
                                                                       (a)  / /
     of a Group*                                                       (b)  /X/

- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Citizenship or Place of Organization

         Nevada corporation
- -------------------------------------------------------------------------------
Number of Shares              (5) Sole Voting Power
 Beneficially                                                        195,000
 Owned by                    --------------------------------------------------
 Each Reporting               (6) Shared Voting Power
 Person With                                                             -0-
                             --------------------------------------------------
                              (7) Sole Dispositive Power
                                                                     195,000
                             --------------------------------------------------
                              (8) Shared Dispositive Power
                                                                         -0-
- -------------------------------------------------------------------------------
 (9) Aggregate Amount Beneficially Owned by Each Reporting Person
                                                                     195,000
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
         4.9% (see response to Item 4)
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
                                        HC/CO
- -------------------------------------------------------------------------------



                         *SEE INSTRUCTION BEFORE FILLING OUT!

<PAGE>

CUSIP No. 460335201                   13G                 Page  3  of  8  Pages
          ---------                                            ---    ---

- -------------------------------------------------------------------------------
 (1) Names of Reporting Persons.  S.S. or I.R.S. Identification Nos. of Above
     Persons

         Robert Day

- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member
                                                                       (a)  / /
     of a Group*                                                       (b)  /X/

- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Citizenship or Place of Organization

         United States Citizen
- -------------------------------------------------------------------------------
Number of Shares              (5) Sole Voting Power
 Beneficially                                                        400,000
 Owned by                    --------------------------------------------------
 Each Reporting               (6) Shared Voting Power
 Person With                                                             -0-
                             --------------------------------------------------
                              (7) Sole Dispositive Power
                                                                     400,000
                             --------------------------------------------------
                              (8) Shared Dispositive Power
                                                                         -0-
- -------------------------------------------------------------------------------
 (9) Aggregate Amount Beneficially Owned by Each Reporting Person
                                                                     400,000
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
         10.0% (see response to Item 4)
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*7
                                        HC/IN
- -------------------------------------------------------------------------------



                         *SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>

                                                          Page  4  of  8  Pages
                                                               ---    ---


ITEM 1(a).    NAME OF ISSUER

              International Speedway Corp.

ITEM 1(b).    ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES

              1801 West International Speedway Blvd.
              Daytona Beach, FL 32114-1243

ITEM 2(a).    NAME OF PERSON(S) FILING
ITEM 2(b).    ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
ITEM 2(c).    CITIZENSHIP

              The TCW Group, Inc.
              865 South Figueroa Street
              Los Angeles, CA 90017
              (Nevada Corporation)

ITEM 2(d).    TITLE OF CLASS OF SECURITIES

              Class A Common Stock

ITEM 2(e).    CUSIP NUMBER

              460335201






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                                                          Page  5  of  8  Pages
                                                               ---    ---


ITEM 3.  IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B),
         CHECK WHETHER THE PERSON FILING IS A

    (a)  / / Broker or Dealer registered under Section 15 of the Act

                   Not Applicable

    (b)  / / Bank as defined in section 3(a)(6) of the Act

                   Not Applicable

    (c)  / / Insurance Company as defined in section 3(a)(19) of the Act

                   Not Applicable

    (d)  / / Investment Company registered under section 8 of the Investment
             Company Act

                   Not Applicable

    (e)  / / Investment Adviser registered under section 203 of the Investment
             Advisers Act of 1940

                   Not Applicable

    (f)  / / Employee Benefit Plan, Pension Fund which is subject to the
             provisions of the Employee Retirement Income Security Act of 1974
             or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F)

                   Not Applicable

    (g)  /X/ Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G)
             (Note: See Item 7)

                   The TCW Group, Inc.
                   Robert Day (individual who may be deemed to control the TCW
                        Group, Inc. And other holders of the Class A Common
                        Stock of the issuer)

    (h)  / / Group, in accordance with Rule 13d-1(b)(1)(ii)(H)

                   Not Applicable



<PAGE>
                                                          Page  6  of  8  Pages
                                                               ---    ---

ITEM 4.  OWNERSHIP

    THE TCW GROUUP, INC.

         (a)  Amount Beneficially Owned: 195,000

         (b)  Percent of Class: 4.9%

         (c)  Number of shares as to which such person has:

              (i)       sole power to vote or to direct the vote:
                             195,000

              (ii)      shared power to vote or to direct the vote:
                             none.

              (iii)     sole power to dispose or to direct the disposition of:
                             195,000

              (iv)      shared power to dispose or to direct the disposition
                        of:  none.

    ROBERT DAY

         (a)  Amount Beneficially Owned: 400,000

         (b)  Percent of Class: 10.0%

         (c)  Number of shares as to which such person has:

              (i)       sole power to vote or to direct the vote:
                             400,000

              (ii)      shared power to vote or to direct the vote:
                             none.

              (iii)     sole power to dispose or to direct the disposition of:
                             400,000

              (iv)      shared power to dispose or to direct the disposition
                        of:  none.

- ---------------------------

The filing of this Schedule 13G shall not be construed as an admission that the
reporting person or any of its affiliates is, for the purposes of Section 13(d)
or 13(g) of the Securities Exchange Act of 1934, the beneficial owner of any
securities covered by this Schedule 13G.  In addition, the filing of this
Schedule 13G shall not be construed as an admission that the reporting person or
any of its affiliates is the beneficial owner of any securities covered by this
Schedule 13G for any other purposes than Section 13(d) of the Securities
Exchange Act of 1934.

<PAGE>

                                                          Page  7  of  8  Pages
                                                               ---    ---


Item 5.  Ownership of Five Percent or Less of a Class.

              Not applicable.

Item 6.  Ownership of More than Five Percent on Behalf of Another Person.

         Various persons other than as described in Item 4 have the right to
         receive or the power to direct the receipt of dividends from, or the
         proceeds from the sale of, the Class A Common Stock of International
         Speedway Corp.

Item 7.  Identification and Classification of the Subsidiary Which Acquired the
         Security Being Reported on by the Parent Holding Company.

         SEE Exhibit A.

Item 8.  Identification and Classification of Members of the Group.

         Not applicable. SEE Exhibits A and B.

Item 9.  Notice of Dissolution of Group.

         Not applicable.

Item 10. Certification.

    Because this statement is filed pursuant to Rule 13d-1(b), the following
    certification is included:


    By signing below I certify that, to the best of my knowledge and belief,
    the securities referred to above were acquired in the ordinary course of
    business and were not acquired for the purpose of and do not have the
    effect of changing or influencing the control of the issuer of such
    securities and were not acquired in connection with or as a participant in
    any transaction having such purpose or effect.


<PAGE>

                                                          Page  8  of  8  Pages
                                                               ---    ---
                                  SIGNATURE


         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.


Dated this 11th day of March, 1997.


                                       The TCW Group, Inc.


                                       By:  /s/ Mohan V. Phansalkar
                                            -----------------------
                                            Mohan V. Phansalkar
                                            Authorized Signatory



                                       Robert Day


                                       By:  /s/ Mohan V. Phansalkar
                                            -----------------------
                                            Mohan V. Phansalkar
                                            Under Power of Attorney dated
                                            January 30, 1996, on File with
                                            Schedule 13G Amendment Number 1 for
                                            Matrix Service Co. dated January
                                            30, 1996.

<PAGE>

                                      EXHIBIT A


                   RELEVANT SUBSIDIARIES OF PARENT HOLDING COMPANY

PART A: TCW ENTITIES

PARENT HOLDING COMPANY:

              The TCW Group, Inc.

              Robert Day (an individual who may be deemed to control The TCW
              Group, Inc.)


RELEVANT SUBSIDIARIES THAT ARE PERSONS DESCRIBED IN RULE 13d-1(b):

    (i)       Trust Company of the West, a California corporation and a bank as
    defined in Section 3(a)(6) of the Securities Exchange Act of 1934.

    (ii)      TCW Asset Management Company, a California corporation and an
    Investment Adviser registered under Section 203 of the Investment Advisers
    Act of 1940.

    (iii)     TCW Funds Management, Inc., a California corporation and an
    Investment Adviser registered under Section 203 of the Investment Advisers
    Act of 1940.

Note:         No Class A Common Stock of International Speedway Corp. is held
              directly by The TCW Group, Inc.  Other than the indirect holdings
              of the Class A Common Stock of International Speedway Corp. no
              Class A Common Stock of International Speedway Corp. is held
              directly by Robert Day, an individual who may be deemed to
              control The TCW Group, Inc.

PART B: NON TCW ENTITIES

PARENT HOLDING COMPANY:

              Robert Day (an individual who may be deemed to control the
              holders described below which are not subsidiaries of The TCW
              Group, Inc.)

RELEVANT SUBSIDIARIES THAT ARE PERSONS DESCRIBED IN
RULE 13d-1(b):

              Oakmont Corporation, a California corporation and an Investment
              Adviser registered under Section 203 of the Investment Advisers
              Act of 1940.

              Cypress International Partners Limited, a British Virgin Islands
              corporation and an Investment Adviser registered under Section
              203 of the Investment Advisers Act of 1940.


                                         A-1

<PAGE>

                                      EXHIBIT B

                                JOINT FILING AGREEMENT


         The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements.  The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the other, except to the extent that he or it knows or has reason to
believe that such information is accurate.


Dated: March 11, 1997


                             The TCW Group, Inc.


                             By:  /s/ Mohan V. Phansalkar
                                  -------------------------
                                  Mohan V. Phansalkar
                                  Authorized Signatory



                             Robert Day


                             By:  /s/ Mohan V. Phansalkar
                                  --------------------
                                  Mohan V. Phansalkar
                                  Under Power of Attorney dated January 30,
                                  1996, on File with Schedule 13G Amendment
                                  Number 1 for Matrix Service Co. dated
                                  January 30, 1996.










                                         B-1


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