Clickable Index Letter to Shareholders and Business Review Table of Contents Driven by a Dream Letter to Shareholders Strong Industry Momentum Continued Strength in Corporate Marketing Innovative Consumer Marketing Expanding the Fan Base Growth of Ancillary Businesses Poised for Successful Future Selected Financial Data Management's Discussion and Analysis General Critical Accounting Policies and Estimates Acquisition and Divestitures Impairment of Long-Lived Assets Equity and Other Investments Limited Partnership Agreement Future Trends in Operating Results Daytona International Speedway Lease Extension Current Litigation Postponement and/or Cancellation of Major Motorsports Events Comparison of Fiscal 2006 to Fiscal 2005 Comparison of Fiscal 2005 to Fiscal 2004 Liquidity and Capital Resources Future Liquidity Recent Accounting Pronouncements 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 Supplemental Disclosures of Cash Flow Information Long-Term Stock Incentive Plan Financial Instruments Quarterly Data (Unaudited) Segment Reporting Subsequent Event - Purchase of Raceway Associates Additional Information Reports 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