Clickable Index Letter to Shareholders and Business Review Table of Contents Overview Planning - Vision, Commitment and Support Letter to Shareholders Entertainment - Varied, Diverse and Successful Performance - Intense, Focused and Non-stop Experience - Wide-spread, Growing and Strong Exposure - Up Close, Personal and Unique Commitment - To the Fans, Competitors and Business Partners Motorsports Entertainment Coast to Coast Selected Financial Data Management's Discussion and Analysis General Critical Accounting Estimates Acquisition and Divestitures Equity and Other Investments Future Trends in Operating Results Comparison of Fiscal 2005 to Fiscal 2004 Comparison of Fiscal 2004 to Fiscal 2003 Liquidity and Capital Resources Future Liquidity Recent Accounting Pronouncements Quarterly Results Are Subject to Seasonality and Variability Quantitative and Qualitative Disclosures About Market Risk Factors That May Affect Operating Results Consolidated Financial Statements Consolidated Balance Sheets Consolidated Statements of Operations Consolidated Statements of Changes in Shareholders' Equity Consolidated Statements of Cash Flows Notes to Consolidated Financial Statements Description of Business and Summary of Significant Accounting Policies Earnings Per Share Acquisition of Businesses Discontinued Operations and Impairment of Long-Lived Assets Property and Equipment Goodwill and Intangible Assets Long-Term Debt Federal and State Income Taxes Capital Stock Commitments and Contingencies Related Party Disclosures and Transactions Homestead-Miami Speedway Track Reconfiguration Supplemental Disclosures of Cash Flow Information Long-Term Stock Incentive Plan Financial Instruments Quarterly Data (Unaudited) Segment Reporting Subsequent Events Additional Information Report of Independent Registered Public Accounting Firm Report of Management on Internal Control Over Financial Reporting Market Price of and Dividends on Registrant's Common Equity and Related Stockholder Matters Other Corporate Officers Board of Directors Contact Information