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One of many wall posts from the coward. I’m a coward. Your just as stupid as your dad was for having such a punk loser like you are. I’m at every race yet yo...
International Speedway Corp. issues smaller bonuses to top two executives
By Bob Pockrass - Associate Editor
Thursday, March 12, 2009
International Speedway Corp. issued smaller bonuses to its two top executives in 2008 than it did in 2007.
According to its 2009 proxy statement filed Wednesday with the U.S. Securities and Exchange Commission, ISC Chairman Jim France's total compensation was $1.04 million in 2008 – $48,000 less than what he made in 2007 with his bonus about $28,000 less than a year ago. ISC President Lesa France Kennedy’s bonus was more than $25,000 less than a year ago, and her total compensation was $768,454, down from $814,159 in 2007.
Executive Vice President John Saunders and Senior Vice President Roger VanDerSnick did receive higher bonuses and overall compensation. Saunders’ total compensation was $639,450 in 2008 compared with $632,944 in 2007, while VanDerSnick made $507,345 in 2008 compared with $457,002 in 207.
As of March 9, the France Family Group owned 68.91 percent of the voting stock in the company. Jim France, brother of the late Bill France Jr., is listed as owning 46.23 percent of the voting stock, while Betty Jane France, Bill France Jr.’s widow, owns 20.57 percent. Lesa France Kennedy, Bill France Jr.’s daughter, owns 2.66 percent, and Brian France, Bill France Jr.’s son, owns 0.23 percent. All are members of the France Family Group, which also includes their children.
Last year, the France Family Group owned 66.26 percent of the voting stock.
According to documents in Kentucky Speedway’s antitrust lawsuit against NASCAR and ISC, Jim and Lesa France Kennedy co-own NASCAR, a privately held company.
At the annual meeting of ISC shareholders scheduled for April 14, five board members – France Kennedy, Larry Aiello Jr., J. Hyatt Brown, Ed Rensi and Thomas Staed – have been nominated to be re-elected to three-year terms.
2009 Sprint Cup Race for the Chase Standings
Driver Standings after the AMP Energy 500
| 1 | Jimmie Johnson | 6248 |
| 2 | Mark Martin | -184 |
| 3 | Jeff Gordon | -192 |
| 4 | Juan Pablo Montoya | -239 |
| 5 | Tony Stewart | -279 |
| 6 | Kurt Busch | -312 |
| 7 | Greg Biffle | -340 |
| 8 | Ryan Newman | -402 |
| 9 | Kasey Kahne | -414 |
| 10 | Carl Edwards | -437 |
| 11 | Denny Hamlin | -448 |
| 12 | Brian Vickers | -556 |
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Comments
9 responses to "International Speedway Corp. issues smaller bonuses to top two executives". Post a Comment.
Bob Koba said:
Mar 12, 2009 at 11:08 AMMaybe they should reduce more bonuses and lower ticket prices across the board for the fans who make nowhere near this amount of money. If they still have a job.
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» Confirm Abuse ReportCathy Rooks said:
Mar 12, 2009 at 12:53 PMWell now we know why ticket prices are so dang high! If the didn't have to live like Kings and Queens we might be able to go to more races!
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» Confirm Abuse ReportBernie said:
Mar 12, 2009 at 3:09 PMDoes anyone think that this may be an 'incentive' to start doing their jobs and marketing the tracks better?
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» Confirm Abuse ReportGeorgia Ross said:
Mar 12, 2009 at 3:19 PMGuess they didn't have enough room on this page to also print the overabundance of PERCS that they are still receiving. It is all printed in the SEC Proxy Statement...Quarterly Reports...Semi-Annual and Annual Reports...it would shock the average race fan into the middle of the next season.
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» Confirm Abuse ReportBernie said:
Mar 12, 2009 at 3:27 PMI wonder if they can learn how to 'cut back' like the rest of us.
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» Confirm Abuse ReportWerner Boehmert said:
Mar 12, 2009 at 4:33 PMbut Jim France is still a billionaire as told in the other story...still making, or is that taking a million a year is pretty darn good...plus i'll bet they have some very good perks...
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» Confirm Abuse ReportWerner Boehmert said:
Mar 12, 2009 at 7:02 PMthis may explain the $$$ side of NASCAR....http://www.forbes.com/global/2009/0302/050_pileup.html?partner=yahoomag
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» Confirm Abuse Reportrandy hayes said:
Mar 12, 2009 at 11:11 PMpoor babies.they should have taken a 50% cut in total compensation.
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» Confirm Abuse ReportTeema H. said:
Mar 13, 2009 at 4:22 PMTo me...this story says the France family is living "high on the hog"...while the rest of us struggle day to day....and try to economize the best we can....and then,we try and save to buy a ticket to one of their race tracks.... Are we all nuts...Or are they really taking advantage of us (fans)??
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