ISC Reports Financial Results and it’s bad

International Speedway Corporation reported financial results for its fiscal fourth quarter and full-year ended November 30, 2013. "2013 was a banner year for our sport with TV ratings up, the launch of the Gen 6 car, fan enthusiasm surrounding Danica Patrick's full season debut in the Sprint Cup series, and increasing diversity in the NASCAR fan base.

All are signs that the Industry Action Plan is working," stated Lesa France Kennedy, ISC Chief Executive Officer. "The exciting 2013 NASCAR season was capped off at our Homestead-Miami Speedway with a sixth Sprint Cup championship for Jimmy Johnson, the eleventh for Hendrick Motorsports. We are pleased to report solid results for our fourth quarter and full year 2013. Despite softness in certain markets and inclement weather impacting fourth quarter admissions, we are seeing encouraging signs of stabilization in our core business, driven by slowly improving economic conditions and solid consumer and corporate marketing strategies. "

That's all nice fluff, but see the ISC site to see that 2013 was another down year.