The NBC agreement follows the FOX Sports Media Group ("FOX") announcement for its NASCAR broadcast rights. In October 2012, FOX signed an eight-year extension of its broadcast rights (2015 – 2022), which industry sources valued at approximately $2.4 billion or an average annual rights fee of $300.0 million. FOX retains the television rights to 13 NASCAR Sprint Cup Series points races beginning each year with the prestigious DAYTONA 500 ®. In addition, FOX retains the rights to the NASCAR Sprint All-Star Race, The Sprint Unlimited, the Budweiser Duel At Daytona, the entire NASCAR Camping World Truck Series season and practice and qualifying for both the NASCAR Sprint Cup Series and the NASCAR Camping World Truck Series races that FOX broadcasts.
Of the 39 total NASCAR Sprint Cup events (points and non-points) there are only 3 Sprint Cup broadcast rights that remain to be negotiated. And, 14 of 33 NASCAR Nationwide series broadcast rights also remain to be negotiated. All NASCAR Camping World Truck series events broadcast rights have been secured through 2022.
International Speedway Corporation is a leading promoter of motorsports activities, currently promoting more than 100 racing events annually as well as numerous other motorsports-related activities. The Company owns and/or operates 13 of the nation's major motorsports entertainment facilities, including Daytona International Speedway® in Florida (home of the DAYTONA 500®); Talladega Superspeedway® in Alabama; Michigan International Speedway® located outside Detroit; Richmond International Raceway® in Virginia; Auto Club Speedway of Southern California(SM) near Los Angeles; Kansas Speedway® in Kansas City, Kansas; Phoenix International Raceway® in Arizona; Chicagoland Speedway® and Route 66 RacewaySM near Chicago, Illinois; Homestead-Miami Speedway(SM) in Florida; Martinsville Speedway® in Virginia; Darlington Raceway® in South Carolina; and Watkins Glen International® in New York.
The Company also owns and operates Motor Racing Network, the nation's largest independent sports radio network and Americrown Service Corporation(SM), a subsidiary that provides catering services, food and beverage concessions, and produces and markets motorsports-related merchandise. In addition, the Company has a 50 percent interest in the Hollywood Casino at Kansas Speedway. For more information, visit the Company's Web site at www.internationalspeedwaycorporation.com.SOURCE International Speedway Corporation