DAYTONA BEACH, Fla. – International Speedway Corporation today announced it has identified a preferred site for the development of a motorsports facility in Kitsap County, approximately 20 miles outside of Seattle, Washington, the country's 12th largest media market. The Company, through its wholly owned subsidiary Great Western Sports, Inc., has secured an option to purchase approximately 950 acres for the potential future home of an 80,000-seat, state-of-the-art racing venue. Financial terms have not been disclosed.

"The selection of Kitsap County as our preferred site is an important step forward in our efforts to bring world class motorsports to the Northwest," said Grant Lynch, Vice President of ISC and project team leader. "This project represents a long-term growth opportunity for our Company, and will provide a significant economic benefit to the region, which includes Kitsap, Mason, Pierce and other surrounding counties."

Lynch continued, "We look forward to working closely with local civic groups and community leaders as we proceed through the stages of our project due diligence and present the details of our proposal. Ultimately we believe the project will result in a win-win scenario for all involved. Our goal is to become a long-term citizen and valued partner of Kitsap County and the surrounding communities."

The Company is conducting ongoing project due diligence to further analyze construction costs, determine the level of public incentives, and review environmental impacts including traffic, noise, air quality, and others, if any.