International Speedway Corporation (NASDAQ:ISCA) (BULLETIN BOARD: ISCB) ("ISC") today announced it is exploring the possibility of pursuing a public-private partnership to develop a national-level motorsports entertainment facility in Adams County near Denver International Airport.
Through a wholly-owned subsidiary, ISC is evaluating 1,300-acre land parcels in Commerce City and Aurora, and looks forward to working with public entities to explore the feasibility of a jointly funded motorsports entertainment facility that could seat approximately 75,000 fans and bring considerable economic impact to the region.
The project is in a very early evaluation phase and no decisions have been made regarding the location, the potential cost, or how the public-private partnership might be structured if the facility were constructed. In addition, terms of any agreements with respective land owners are not disclosed.
