INTERNATIONAL SPEEDWAY CORP
SC 13G/A, 1997-02-18
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. 6)*


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

 CLASS B COMMON STOCK $.01 PAR VALUE (FORMERLY COMMON STOCK - $.10 PAR VALUE)*
 .............................................................................
                        (Title of Class of Securities)

                        460335-30-0 (FORMERLY 460335)*
 .............................................................................
                                (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 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. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 3 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 4 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 5 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 6 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 7 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 8 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 9 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 10 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 11 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 12 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 13 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 14 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................PN
______________________________________________________________________________
<PAGE>
                                                               Page 15 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 16 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 17 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................PN
______________________________________________________________________________
<PAGE>
                                                               Page 18 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 19 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 20 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................PN
______________________________________________________________________________
<PAGE>
                                                               Page 21 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 22 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................PN
______________________________________________________________________________
<PAGE>
                                                               Page 23 of 29
CUSIP No. 460335-30-0
______________________________________________________________________________

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 .........................21,150,075
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,150,075
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,150,075
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................61.3%
______________________________________________________________________________

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:

The address of the principal business office of Western Opportunity Limited
Partnership, Sierra Central Corp., Principal Investment Company, White River
Investment Limited Partnership, Cen Rock Corp., Secondary Investment Company,
Polk City limited Partnership, Boone County Corporation, Carl Investment
Limited Partnership, and Quaternary Investment Company, is Suite 102, 201 West
Liberty Street, Reno, Nevada 89501.

The address of the principal business office of the other members of the
France Family Group not listed in the preceding paragraph is 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: ............................Class B Common Stock

                                Item 2(e)

CUSIP Number: .....................................................460355-30-0
  
                                  Item 3
  
This item is inapplicable.
                                  Item 4

Ownership.
  
(a) Amount Beneficially Owned:......................................21,150,075
  
(b) Percent of Class:....................................................61.3%
    
(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 ...................21,150,075
    
 (iii) sole power to dispose or to direct the disposition of ................0
    
 (iv) shared power to dispose or to direct the disposition of.......21,150,075
                                                                 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, 1997

/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 Attorney in fact for Jennifer C.
Western Opportunity Limited                France, Amy L. France and Jamison
Partnership, as President of               C. 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                                  
Lesa D. Kennedy, individually and          
as Custodian for minor child,              
Benjamin Z. Kennedy                        
___________________________________        
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 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 Recapitalization of the Issuer which, among other
things, converted each share of the previously issued common stock (CUSIP
460335) into 15 shares of Class B Common Stock (CUSIP 460335-30-0) on November
4, 1996, 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 21,150,075 shares of the Class B Common Stock of the
issuer, which represents 61.3% of the outstanding Class B shares, 54.9% of the
total outstanding shares and 59.9% of the total voting rights represented by
shares outstanding.  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, 1997 is indicated: Western Opportunity Limited Partnership,
9,115,125 shares, 26.4% [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., 76,155 shares, 0.22% [all
shares shown are also included in shares shown for Western Opportunity Limited
Partnership, and William C. France]; Principal Investment Company, 76,155
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, 1,861,965 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.,
18,619.65 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, 18,619.65 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, 3,750,000 shares, 10.9%
[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, 90,000 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, 3,750,000 shares,
10.9% [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, 90,000 shares, 0.26% [all shares
shown are also included in shares shown for Carl Investment Limited
Partnership and James C. France]; NASCAR, 1,824,725.7 shares, 5.29% [all
shares shown are included in shares shown for White River Investment Limited
Partnership, William C. France and James France, 1,634,674.932 shares shown
are also included in shares shown for Betty Jane France and Sharon M. France,
and 190,050.768 shares shown are also included in shares shown for Automotive
Research Bureau]; Automotive Research Bureau, 190,050.768 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, 9,965,636.297 shares, 28.9% [3,725,910.947 shares shown are also
included in shares shown for Western Opportunity Limited Partnership, 76,155
shares shown are also included in shares shown for Western Opportunity Limited
Partnership and Sierra Central Corp., 18,619.65 shares shown are also included
in shares shown for White River Investment Limited Partnership and Cen Rock
Corp.,  3,660,000 shares shown are also included in shares shown for Polk City
Limited Partnership, 90,000 shares shown are also included in shares shown for
Polk City Limited Partnership and Boone County Corporation, 1,634,674.932
shares shown are also included in shares shown for White River Investment
Limited Partnership,
<PAGE>
                                                               Page 28 of 29

James C. France, Betty Jane France, Sharon M. France and NASCAR, 190,050.768
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 304,725 are included in shares
shown for spouse, Betty Jane France]; Betty Jane France, 2,218,607.157 shares,
6.43% [13,707.225 shares shown are also included in shares shown for Western
Opportunity Limited Partnership, 1,634,674.932 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 265,500 are
included in shares shown for spouse, William C. France];  James C. France,
9,967,856.295 shares, 28.9% [3,725,910.947 shares shown are also included in
shares shown for Western Opportunity Limited Partnership, 76,155 shares shown
are also included in shares shown for Western Opportunity Limited Partnership
and Principal Investment Company, 18,619.65 shares shown are also included in
shares shown for White River Investment Limited Partnership and Secondary
Investment Company, 3,660,000 shares shown are also included in shares shown
for Carl Investment Limited Partnership, 90,000 shares shown are also included
in shares shown for Carl Investment Limited Partnership and Quaternary
Investment Corporation, 1,634,674.932 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, 190,050.768 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, and 304,725 shares shown are also included in shares shown
for spouse, Sharon M. France]; Sharon M. France, 2,220,827.157 shares, 6.43%
[13,707.225 shares shown are also included in shares shown for Western
Opportunity Limited Partnership, 1,634,674.932 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 267,720 are
included in shares shown for spouse, James C. France]; Lesa D. Kennedy,
877,881.218 shares, 2.54% [247,263.109 shares shown are also included in
shares shown for Western Opportunity Limited Partnership, and 263,238.109
shares shown are also included in shares shown for minor child, Benjamin Z.
Kennedy]; Brian Z. France, 534,003.109 shares, 1.55% [247,263.109 shares shown
are also included in shares shown for Western Opportunity Limited
Partnership];  Jamison C. France, 534,003.109 shares, 1.55% [247,263.109
shares shown are also included in shares shown for Western Opportunity Limited
Partnership]; Jennifer A. France, 534,003.109 shares, 1.55% [247,263.109
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, 534,003.109 shares, 1.55% [247,263.109 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, 263,238.109 shares, 0.76% [247,263.109
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, 21,150,075 shares, 61.3%.
<PAGE>
                                                               Page 29 of 29
Date February 14, 1997
    
/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 Attorney in fact for Jennifer C.
Western Opportunity Limited                France, Amy L. France and Jamison
Partnership, as President of               C. 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                                  
Lesa D. Kennedy, individually and          
as Custodian for minor child,              
Benjamin Z. Kennedy                        
___________________________________        
Name/Title                                 

  



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