It sold land in Fontana to Penske Motorsports to create the California Speedway and leased its water rights to San Bernardino County.
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, commonly known as the Ferko lawsuit, was an American lawsuit between plaintiff Francis Ferko, a resident of Plano, Texas and a shareholder of Speedway Motorsports, Inc.'s Texas Motor Speedway, and defendants NASCAR and International Speedway Corporation (ISC), which are both owned by the France family.
Originally a 300 lap race, it was added to the Busch Series schedule in 1988 and last run in 2004, after the owners, International Speedway Corporation, closed the facility.