INTERNATIONAL SPEEDWAY CORP
SC 13G/A, 1998-02-12
RACING, INCLUDING TRACK OPERATION
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                                                               Page 1 of 30
                      SECURITIES AND EXCHANGE COMMISSION
                           Washington, D. C. 20549
                                 SCHEDULE 13G
                                       
                  Under the Securities Exchange Act of 1934
                                       
                            (Amendment No. 7)*


                    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 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 3 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 4 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 5 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 6 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 7 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 8 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 9 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 10 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 11 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................IN
______________________________________________________________________________
<PAGE>
                                                               Page 12 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 13 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 14 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................PN
______________________________________________________________________________
<PAGE>
                                                               Page 15 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 16 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 17 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................PN
______________________________________________________________________________
<PAGE>
                                                               Page 18 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 19 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 20 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................PN
______________________________________________________________________________
<PAGE>
                                                               Page 21 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 22 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................PN
______________________________________________________________________________
<PAGE>
                                                               Page 23 of 30
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 .........................21,158,081
                   ___________________________________________________________

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

Person With:       (8) Shared Dispositive Power ....................21,158,081
______________________________________________________________________________

9) Aggregate Amount Beneficially Owned by Each Reporting Person ....21,158,081
______________________________________________________________________________

10) Check if the Aggregate Amount in Row (9) 
    Excludes Certain Shares (See Instructions).............................[ ]
______________________________________________________________________________
 
11) Percent of Class Represented by Amount in Row 9 .....................63.9%
______________________________________________________________________________

12) Type of Reporting Person (See Instructions) ............................CO
______________________________________________________________________________
<PAGE>
                                                               Page 24 of 30
                                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:......................................21,158,081
  
(b) Percent of Class:....................................................63.9%
    



                                                                 Page 25 of 30
(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 ...................21,158,081
    
 (iii) sole power to dispose or to direct the disposition of ................0
    
 (iv) shared power to dispose or to direct the disposition of.......21,158,081

                                  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 30
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 13, 1998

/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,                         Principal Investment Company, as   
Sierra Central 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                                 









                                                               Page 27 of 30
  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 28 of 30
                        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 acquisitions of additional shares by, and transfers among,
members of the group.  The France Family Group owns 21,158,081 shares of the
Class B Common Stock of the issuer, which represents 63.91% of the outstanding
Class B shares, 54.97% of the total outstanding shares and 61.90% 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 8, 1998 is indicated: Western Opportunity
Limited Partnership, 9,115,125 shares, 23.68% [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, 0.20% [all shares shown are also included in shares shown for
Western Opportunity Limited Partnership, and William C. France]; Principal
Investment Company, 76,155 shares, 0.20% [all shares shown are also included
in shares shown for Western Opportunity Limited Partnership, and James C.
France]; White River Investment Limited Partnership, 1,874,465 shares, 4.87%
[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,
3,763,750 shares, 9.78% [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, 0.23%
[all shares shown are also included in shares shown for Polk City Limited
Partnership and William C. France]; Carl Investment Limited Partnership,
3,763,750 shares, 9.78% [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,
0.23% [all shares shown are also included in shares shown for Carl Investment
Limited Partnership and James C. France]; NASCAR, 1,824,725.7 shares, 4.74%
[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,
0.49% [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, 9,963,176.407 shares, 25.89% [3,719,348.06 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 

                                                              Page 29 of 30
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, 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, 2,222,610.157 shares, 5.77% [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 269,503 are included in shares shown for
spouse, William C. France];  James C. France, 9,965,296.405 shares, 25.89%
[3,719,348.06 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, 2,224,830.157 shares, 5.78%
[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 271,723 are
included in shares shown for spouse, James C. France]; Lesa D. Kennedy,
880,068.848 shares, 2.29% [249,450.74 shares shown are also included in shares
shown for Western Opportunity Limited Partnership, and 264,558.109 shares
shown are also included in shares shown for minor child, Benjamin Z. Kennedy];
Brian Z. France, 511,190.739 shares, 1.33% [249,450.739 shares shown are also
included in shares shown for Western Opportunity Limited Partnership]; 
Jamison C. France, 521,190.739 shares, 1.35% [249,450.739 shares shown are
also included in shares shown for Western Opportunity Limited Partnership];
Jennifer A. France, 536,190.739 shares, 1.39% [249,450.739 shares shown are
also included in shares shown for Western Opportunity Limited Partnership];
Amy L. France, 536,190.739 shares, 1.39% [249,450.739 shares shown are also
included in shares shown for Western Opportunity Limited Partnership];
Benjamin Z. Kennedy, 266,745.739 shares, 0.69% [249,450.739 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, 21,158,081 shares, 54.97%.
<PAGE>
                                                               Page 30 of 30
Date February 13, 1998
    
/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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