UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
-----------------------------------------
(Amendment No. 1)
INTERNATIONAL SPEEDWAY CORPORATION
----------------------------------
(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
460335201
--------------
(CUSIP Number)
DECEMBER 31, 2006
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 8 Pages
CUSIP NO. 460335201 PAGE 2 OF 8 PAGES
SCHEDULE 13G
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fenimore Asset Management, Inc.
14-1564237
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [ ]
(B) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York State
NUMBER OF
SHARES 5 SOLE VOTING POWER
BENEFICIALLY 1,621,192
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING 0
PERSON WITH
7 SOLE DISPOSITIVE POWER
1,621,192
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,621,192
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.21%
12 TYPE OF REPORTING PERSON
IA
CUSIP NO. 460335201 PAGE 3 OF 8 PAGES
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas O. Putnam
N/A
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [ ]
(B) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF
SHARES 5 SOLE VOTING POWER
BENEFICIALLY 0
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING 1,621,192
PERSON
WITH 7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
1,621,192
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,621,192
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.21%
12 TYPE OF REPORTING PERSON
IN
CUSIP NO. 460335201 PAGE 4 OF 8 PAGES
Item 1. (a). Name of Issuer: International Speedway Corporation
(b). Address of Issuer's Principal Executive Offices:
1801 West International Speedway Boulevard
Daytona Beach, FL 32114
Item 2. (a). Name of Persons Filing:
(i) Fenimore Asset Management, Inc. ("Fenimore")
(ii) Thomas O. Putman ("Putnam")
(b). Address of Principal Business Office for Each of the Above:
384 N. Grand Street, Box 310
Cobleskill, NY 12043
(c). Citizenship or Place of Organization:
(i) Fenimore: New York State
(ii) Putnam: United States
(d). Title of Class of Securities: Common Stock
(e). CUSIP Number: 460335201
Item 3. If this Statement is Filed Pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), Check Whether the Person Filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Exchange
Act;
(b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) [ ] Insurance company as defined in Section 3(a)(19) of the
Exchange Act;
(d) [ ] Investment company registered under Section 8 of the
Investment Company Act;
(e) [x] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1) (ii)(J).
CUSIP NO. 460335201 PAGE 5 OF 8 PAGES
Item 4. Ownership.
(a). Amount beneficially owned:
(i) Fenimore: 1,621,192
(ii) Putnam: 1,621,192
(b). Percent of class:
(i) Fenimore: 5.21%
(ii) Putnam: 5.21%
(c). Number of shares as to which such person has:
(1) Sole power to vote or to direct the vote:
(i) Fenimore: 1,621,192
(ii) Putnam: 0
(2) Shared power to vote or to direct the vote:
(i) Fenimore: 0
(ii) Putnam: 1,621,192
(3) Sole power to dispose or to direct the disposition of :
(i) Fenimore: 1,621,192
(ii) Putnam: 0
(4) Shared power to dispose or to direct the disposition of:
(i) Fenimore: 0
(ii) Putnam: 1,621,192
CUSIP NO. 460335201 PAGE 6 OF 8 PAGES
Item 5. Ownership of Five Percent or Less of a Class:
Not Applicable
Item 6. Ownership of More Than Five Percent on Behalf of Another
Person:
Not Applicable.
Item 7. Identification and Classification of Subsidiaries which Acquired the
Security Being Reported on by the Parent Holding Company:
Not Applicable
Item 8. Identification and Classification of Members of the Group:
Not Applicable
Item 9. Notice of Dissolution of Group:
Not Applicable
Item 10. Certification:
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in
the ordinary course of business and were not acquired and are not held
for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are
not held in connection with or as a participant in any transaction
having that purpose or effect.
In accordance with Rule 13d-4 of the Securities Exchange Act of 1934,
each of the persons filing this statement expressly disclaim the
beneficial ownership of the securities covered by this statement and
the filing of this report shall not be construed as an admission by
such persons that they are the beneficial owners of such securities.
CUSIP NO. 460335201 PAGE 7 OF 8 PAGES
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
FENIMORE ASSET MANAGEMENT, INC.
Date: January 17, 2007 By: /S/ JOSEPH A. BUCCI
----------------------------
Joseph A. Bucci
Secretary
THOMAS O. PUTNAM
Date: January 17, 2007 By: /S/ THOMAS O. PUTNAM
-----------------------------
Thomas O. Putman
CUSIP NO. 460335201 PAGE 8 OF 8 PAGES
EXHIBIT 1
JOINT FILING AGREEMENT AMONG FENIMORE ASSET
MANAGEMENT, INC. AND THOMAS O. PUTNAM
WHEREAS, in accordance with Rule 13d-1(k) under the Securities and Exchange Act
of 1934 (the "Act"), only one joint statement and any amendments thereto need to
be filed whenever one or more persons are required to file such a statement or
any amendments thereto pursuant to Section 13(d) of the Act with respect to the
same securities, provided that said persons agree in writing that such statement
or amendments thereto is filed on behalf of each of them;
NOW, THEREFORE, the parties hereto agree as follows:
FENIMORE ASSET MANAGEMENT, INC. AND THOMAS O. PUTNAM hereby agree, in accordance
with Rule 13d-1(k) under the Act, to file a statement on Schedule 13G relating
to their ownership of Common Stock of the Issuer and do hereby further agree
that said statement shall be filed on behalf of each of them.
FENIMORE ASSET MANAGEMENT, INC.
Date: January 17, 2007 By: /S/ JOSEPH A. BUCCI
--------------------------------
Joseph A. Bucci
Secretary
THOMAS O. PUTNAM
Date: January 17, 2007 By: /S/ THOMAS O. PUTNAM
-----------------------------
Thomas O. Putnam