PRELIMINARY & CONFIDENTIAL March 10, 2019 Special Committee Update Materials

PRELIMINARY & CONFIDENTIAL Updated Management Forecast Overview Management has stated potential impact of DC Solar already factored into FY19 guidance rangeManagement has stated FY19 budget and guidance range, as well as FY20+ Management Plan, assumes the status quoand that Congress does not extend expired motorsports tax provision 2 What’s Changed What Hasn’t Changed FY19 Forecast (based on actuals through end of January and preliminary February results) FY19 Budget and GuidanceFY20+ Management PlanDC Solar Assumptions (1)Tax Extender Assumptions (2)Sanction Agreements AssumptionsBroadcast Agreements Assumptions

PRELIMINARY & CONFIDENTIAL Q1’19 Comparison Source: Management Quarterly Forecast as of 2/25/2019Based on Wells Fargo as of 1/25/2019From ISCA 1Q’18 10Q; Adjustments from GAAP figures include the following (in 000s): $105 related to ISM Raceway Project (other operating), $828 associated with capitalized interest (other operating), $1,116 associated with losses on retirements,$853 of accelerated depreciation, and associated adjustment for income taxes 3 $000s, except per share Q1 - Budget Q1 - Forecast Q1 - Street (1) Q1 - 2018A (2) Admissions $30,199 $29,317 $28,117 $30,562 Motorsports and other event related 108,892 106,588 110,017 105,786 Food, beverage and merchandise 9,756 9,319 7,553 7,950 Other income 4,903 5,205 5,264 4,577 Total Revenue $153,750 $150,429 $150,951 $148,875 NEM Fees 30,898 30,905 30,394 29,865 Motorsports and other event related 26,761 26,189 26,445 26,035 Food, beverage and merchandise 6,916 6,759 5,351 5,629 Other operating 1,244 1,855 2,501 1,932 Direct Expenses 65,819 65,708 64,691 63,461 G&A 27,113 26,719 26,070 25,742 D&A 28,211 28,181 27,094 25,886 Loss on Retirements – 1 – 46 Total Expenses $121,143 $120,609 $117,855 $115,135 Operating Income $32,607 $29,820 $33,096 $33,740 Interest income Interest expense 728(3,738) 1,164(3,721) (3,366) 521(2,885) Other – 17 – 15 Income from equity investments 5,421 5,529 5,234 4,308 Income before taxes $35,018 $32,809 $34,964 $35,699 Income taxes 8,670 8,137 8,916 9,332 Net Income $26,348 $24,672 $26,048 $26,367 EPS $0.61 $0.57 $0.60 $0.60 Adj. EBITDA $66,968 $64,152 $66,920 $65,750 Cash Distributions 6,150 6,150 NA 5,250

PRELIMINARY & CONFIDENTIAL FY 2019 Comparison Based on Management’s Consolidated Financial Statements dated 1/31/2019; Adjusted EBITDA per Management Quarterly Forecast as of 2/25/2019Based on Wells Fargo as of 1/25/2019 Based on Management Guidance during 4Q’18 Earnings CallBased on GS “Sources and Uses” analysis received 2/21/2019 4 $000s, except per share Budget (1) Forecast (1) Street (2) 2018A Guidance (3) Low High Total Revenue $705,900 $698,299 $699,451 $675,036 $685,000 $705,000 Admissions 112,305 109,798 108,797 109,602 Motorsports Related Income 525,391 521,424 530,365 508,505 TV & Ancillary Rights 363,998 363,998 NA 350,822 Sponsorship & Advertising 76,937 74,054 NA 73,010 Suites & Hospitality 39,244 38,139 NA 38,709 Other MSR 45,212 45,233 NA 45,964 FB&M 46,329 45,476 35,840 35,669 Other Income 21,875 21,601 24,449 21,260 Adj. EBITDA 251,084 243,878 243,000 231,374 230,000 250,000 LTM Adj. EBITDA (as of Q2'19) 237,538 231,952 237,037 NA Diluted EPS 2.17 2.05 1.99 1.85 1.85 2.15 GS assumed LTM EBITDA (as of 6/30/2019): $246MM (4)

PRELIMINARY & CONFIDENTIAL $000s, except per share Annual (1) Without Revenue Without Expense Without Revenue With Expense DC Solar Revenues $11,050 – – DC Solar Expenses 7,687 – 7,687 Pre-Tax Income 3,363 – (7,687) Tax Impact (@ 24.80%) (2) 834 – (1,906) Net Income 2,529 – (5,781) EPS (2) $0.06 – ($0.13) EPS Δ (3) – ($0.06) ($0.19) DC Solar SummaryDC Solar annual contract: $11.050MM revenue, $7.687MM expense DC Solar revenue and expense estimates per ISC Memo on DC Solar (2/5/2019); Analysis shown is simplified for illustrative purposesAssumed tax rate and shares outstanding are FY2019 figures from Management Quarterly Forecast as of 2/25/2019EPS delta in relation to estimated annual earnings 5

PRELIMINARY & CONFIDENTIAL Tax Extender Summary Source: ISC Management estimates provided by email on 3/8/19 and estimated in XLS “Extenders – 7year life illustrative impact” Subject to amount of annual capital expenditures and IRS determination on motorsport asset definitionEPS impact for 2018A calculated using 2018 actual share count per 2018 10K; Annual EPS impact calculated using 2019E share count per Management Quarterly Forecast as of 2/25/2019 6 Potential $10-$15MM return of 2018 tax payments, $5-$10MM tax decrease in 2019+Management Budget, Forecast, and Guidance assumes expired motorsports tax provisions are not retroactively extended effective 1/1/2018Extension of the motorsports tax treatment could potentially increase EPS. Below isthe illustrative impact based on management estimates$MM Tax Decrease EPS Δ (2) 2018A Annual (2019) (1)Low High Low High$15.0 $20.0 $5.0 $10.00.35 0.46 0.12 0.23

PRELIMINARY & CONFIDENTIAL Update on 2019 Admissions & AttendanceH1 Cup Series and quarterly totals with Q1 finals and Q2-Q4 sales to date Note: SDO is “Same Days Out”Source: Business Insights Executive Sales Report (2/19/19), p.1. Revenue figures exclude sales tax and other adjustments.Source: Business Insights Executive Sales Report (3/8/19), pp. 2-8. Revenue figures exclude sales tax and other adjustments. 7 Q1 Final (1) Gate Admissions (Revenue) Sold Tickets (Attendance) Avg. Ticket Price 2019 Budget 2019 Actual 2018 Actual % Δ 2019 Budget 2019 Actual 2018 Actual % Δ 2019 Budget 2019 Actual 2018 Actual % Δ DIS Daytona 500 $19,670,000 $18,958,229 $19,645,197 (3.6%) 98,700 98,546 98,930 (0.4%) $199.29 $192.38 $198.58 (3.2%) Total Q1 All Events $29,556,328 $28,077,124 $29,363,902 (4.6%) 221,446 212,692 217,920 (2.5%) $133.47 $132.01 $134.75 (2.1%) Q2 - Q4 2019 Sales to Date (2) Gate Admissions (Revenue) Sold Tickets (Attendance) Avg. Ticket Price 2019 Budget 2019 Current 2018 SDO % Δ 2019 Budget 2019 Current 2018 SDO % Δ 2019 Budget 2019 Current 2018 SDO % Δ ISM TicketGuardian 500 $3,817,355 $2,259,853 $2,099,543 7.1% 41,323 27,177 31,154 (14.6%) $92.38 $83.15 $67.39 19.0% ACS Auto Club 400 3,862,038 2,891,303 3,136,928 (8.5%) 54,892 40,332 43,930 (8.9%) $70.36 $71.69 $71.41 0.4% TSS Geico 500 4,460,450 2,642,140 2,742,011 (3.8%) 53,750 30,675 31,756 (3.5%) $82.99 $86.13 $86.35 (0.3%) KSC Kansas 400 3,737,367 1,711,511 2,209,540 (29.1%) 40,491 17,876 22,937 (28.3%) $92.30 $95.74 $96.33 (0.6%) Total Q2 All Events $23,851,846 $14,076,265 $15,441,056 (9.7%) 363,069 215,352 245,116 (13.8%) $65.70 $65.36 $62.99 3.6% Total Q3 All Events $20,339,731 $9,285,960 $9,560,303 (3.0%) 291,535 130,798 133,059 (1.7%) $69.77 $70.99 $71.85 (1.2%) Total Q4 All Events $29,971,166 $6,475,595 $7,107,965 (9.8%) 442,623 89,029 96,090 (7.9%) $67.71 $72.74 $73.97 (1.7%) Total FY19 All Events $103,604,071 $57,817,418 $61,372,076 (6.1%) 1,313,673 644,031 688,138 (6.8%) $78.87 $89.77 $89.19 0.6%

PRELIMINARY & CONFIDENTIAL Update on 2019 Sponsorship/Advertising & Hospitality Sales Source: Weekly Revenue Dashboard (3/6/19), p.8. Other includes the following revenue categories: Additional Benefits; Admissions; Americrown; Chalets; Credentials; Credit; Fan; Non-Event Facility Rentals; Publications; Reimbursed Expense; Small Group; High-end (Premium Club); Campground/Specialty Vehicle; Motorcoach/RV Hospitality; Web Multimedia; Large Screen Video; ISM Vision; One Daytona 8 2019 AdjustedBudget 2019 EstimatedFinal 2019 EF to 2019Budget ($) 2019 EF to 2019Budget (%) 2018 Actual 2019 EF v 2018A ($) 2019 EF v 2018A (%) Sponsorship and Advertising Display $10,745,655 $9,813,834 ($931,821) (8.7%) $10,631,668 ($817,834) (7.7%) Signage 2,778,508 2,531,106 (247,402) (8.9%) 2,417,267 113,839 4.7% Sponsorship 52,647,929 51,565,117 (1,082,812) (2.1%) 47,056,103 4,509,014 9.6% Subtotal $66,172,092 $63,910,057 ($2,262,035) (3.4%) $60,105,038 $3,805,019 6.3% Hospitality Executive Suites $232,009 $279,894 $47,885 20.6% $210,243 $69,651 33.1% Suites 26,058,618 24,375,952 (1,682,666) (6.5%) 25,423,502 (1,047,550) (4.1%) Subtotal $26,290,627 $24,655,846 ($1,634,781) (6.2%) $25,633,745 ($977,899) (3.8%) All Other Subtotal $30,047,388 $32,118,155 $2,070,767 6.9% $33,235,186 ($1,117,031) (3.4%) Grand Total $122,510,107 $120,684,058 ($1,826,049) (1.5%) $118,973,969 $1,710,089 1.4%

PRELIMINARY & CONFIDENTIAL 9 Pro Forma Leverage | BZF Does Not Roll Equity Assumes BZF shares of 3,488,550, as provided by GS Note: Assumes pro forma EBITDA of $310MM as of transaction close (6/30/19) with $78MM for Nova and $232MM for Ignite; Assumes $65MM in fees and expenses; Assumes Ignite cash of $284MM; Assumes total FDSO of 43,796,600 (includes restricted stock and options per TSM) Sources & Uses Assuming $43.50 Purchase Price Sources Equity Rolled $652 Nova Cash on BS 22 Ignite Cash on BS 284 Minority Investment – New Debt 1,491 Total Sources $2,449 Uses Purchase Equity $1,905 Paydown Ignite Debt 265 Paydown Nova Debt 114 Fees and Expenses 65 Minimum Cash 100 Total Uses $2,449 Purchase Price Implied Leverage Purchase Price Equity Rolled Purchase Non-FamilyStockholder Equity New Debt $42.00 4.7x $1,839 $629 $1,210 $1,448 $43.00 4.8x 1,883 644 1,239 1,477 $43.50 4.8x 1,905 652 1,253 1,491 $44.00 4.9x 1,927 659 1,268 1,506 $45.00 5.0x 1,971 674 1,297 1,535 $46.00 5.0x 2,015 689 1,325 1,563 $47.00 5.1x 2,058 704 1,354 1,592 $48.00 5.2x 2,102 719 1,383 1,621 $49.00 5.3x 2,146 734 1,412 1,650 $50.00 5.4x 2,190 749 1,441 1,679 $51.00 5.5x 2,234 764 1,469 1,708 $52.00 5.6x 2,278 779 1,498 1,736 $MM except share price

PRELIMINARY & CONFIDENTIAL 10 Pro Forma Leverage | BZF Does Not Roll Equity Assumes BZF shares of 801,534, as calculated from BZF Form 4 (July 2, 2018) (1) Sources & Uses Assuming $43.50 Purchase Price Equity Rolled Nova Cash on BS Ignite Cash on BSMinority Investment New Debt $76922284– 1,375 Total Sources $2,449 Purchase Equity Paydown Ignite Debt Paydown Nova Debt Fees and Expenses Minimum Cash $1,90526511465100 Total Uses $2,449 Purchase Price Implied Leverage Purchase Price Equity Rolled Purchase Non-Family New Debt Stockholder Equity $42.00 4.3x $1,839 $742 $1,097 $1,335 $43.00 4.4x 1,883 760 1,123 1,361 $43.50 4.4x 1,905 769 1,136 1,375 $44.00 4.5x 1,927 778 1,149 1,388 $45.00 4.6x 1,971 795 1,176 1,414 $46.00 4.6x 2,015 813 1,202 1,440 $47.00 4.7x 2,058 831 1,228 1,466 $48.00 4.8x 2,102 848 1,254 1,492 $49.00 4.9x 2,146 866 1,280 1,518 $50.00 5.0x 2,190 884 1,306 1,544 $51.00 5.1x 2,234 901 1,332 1,571 $52.00 5.2x 2,278 919 1,359 1,597 $MM except share price Sources Uses Note: Assumes pro forma EBITDA of $310MM as of transaction close (6/30/19) with $78MM for Nova and $232MM for Ignite; Assumes $65MM in fees and expenses; Assumes Ignite cash of $284MM; Assumes total FDSO of 43,796,600 (includes restricted stock and options per TSM) (1) Includes only shares identified on Form 4 as held directly by BZF or by entities not allocated to the remainder of the France Family Group

PRELIMINARY & CONFIDENTIAL 11 Pro Forma Leverage | BZF Does Not Roll Equity Assumes BZF shares of 218,592, as calculated from BZF Form 4 (July 2, 2018) (1) Sources & Uses Assuming $43.50 Purchase Price Sources Equity Rolled $794 Nova Cash on BS 22 Ignite Cash on BS 284 Minority Investment – New Debt 1,349 Total Sources $2,449 Uses Purchase Equity $1,905 Paydown Ignite Debt 265 Paydown Nova Debt 114 Fees and Expenses 65 Minimum Cash 100 Total Uses $2,449 Purchase Price Implied Leverage Purchase Price Equity Rolled Purchase Non-FamilyStockholder Equity New Debt $42.00 4.2x $1,839 $767 $1,073 $1,311 $43.00 4.3x 1,883 785 1,098 1,336 $43.50 4.4x 1,905 794 1,111 1,349 $44.00 4.4x 1,927 803 1,124 1,362 $45.00 4.5x 1,971 821 1,149 1,388 $46.00 4.6x 2,015 840 1,175 1,413 $47.00 4.6x 2,058 858 1,201 1,439 $48.00 4.7x 2,102 876 1,226 1,464 $49.00 4.8x 2,146 894 1,252 1,490 $50.00 4.9x 2,190 913 1,277 1,515 $51.00 5.0x 2,234 931 1,303 1,541 $52.00 5.1x 2,278 949 1,328 1,566 $MM except share price Note: Assumes pro forma EBITDA of $310MM as of transaction close (6/30/19) with $78MM for Nova and $232MM for Ignite; Assumes $65MM in fees and expenses; Assumes Ignite cash of $284MM; Assumes total FDSO of 43,796,600 (includes restricted stock and options per TSM) (1) Includes only shares identified on Form 4 as held directly by BZF