SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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


                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                       SECURITIES AND EXCHANGE ACT OF 1934

        Date of Report (Date of earliest event reported): OCTOBER 8, 1999

                       INTERNATIONAL SPEEDWAY CORPORATION
             (Exact name of registrant as specified in its charter)

                                     FLORIDA
                 (State or other jurisdiction of incorporation)

                 0-2384                                 59-0709342
        (Commission File Number)           (I.R.S. Employer Identification No.)

 1801 WEST INTERNATIONAL SPEEDWAY BLVD.
         DAYTONA BEACH, FLORIDA                            32114
(Address of principal executive offices)                (Zip Code)

                                 (904) 254-2700
              (Registrant's telephone number, including area code)

                                (NOT APPLICABLE)
          (Former name or former address, if changed since last report)




ITEM 5.           OTHER EVENTS.

                  On October 8, 1999, International Speedway Corporation (the
         "Company") issued a press release announcing the completion of the
         previously announced sale of $225 million principal amount of Senior
         Notes due 2004 in a private placement. A copy of such press release is
         attached hereto as Exhibit 99.1 pursuant to Rule 135c. of the
         Securities Act of 1933, as amended, and is incorporated herein by
         reference.

ITEM 7.           FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
                  EXHIBITS.

        (c)       Exhibits

                  The following Exhibits are provided in accordance with the
        provisions of Item 601 of Regulation S-K and are filed herewith unless
        otherwise noted.

                                  EXHIBIT INDEX

        99.1      Press Release of International Speedway Corporation dated
                  October 8, 1999.

                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                             INTERNATIONAL SPEEDWAY CORPORATION

Date:  October 8, 1999                       By: /s/ SUSAN G. SCHANDEL
                                                --------------------------------
                                                Susan G. Schandel
                                                Chief Financial Officer



                                  EXHIBIT INDEX

EXHIBIT              DESCRIPTION
- -------              -----------
99.1                 Press Release of International Speedway Corporation dated
                     October 8, 1999.