United States

Securities And Exchange Commission

Washington, D.C. 20549

 

Form 8-K

 

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 16, 2020

 

Dover Motorsports, Inc.

(Exact name of registrant as specified in its charter)

 

Commission File Number 1-11929

 

Delaware   51-0357525
(State or other jurisdiction of incorporation)   (IRS Employer Identification No.)

 

1131 N. DuPont Highway    
Dover, Delaware   19901
(Address of principal executive offices)   (Zip Code)

 

Registrant's telephone number, including area code (302) 883-6500

 

N/A

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Class   Trading Symbol(s)   Name of Exchange on Which Registered
Common Stock, $.10 Par Value   DVD   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 7.01   Regulation FD Disclosure and Item 1.01 Entry into a Material Definitive Agreement.

 

Our next NASCAR event weekend was scheduled for May 1 to May 3, 2020. NASCAR announced on March 16, 2020 that certain upcoming NASCAR events, including our May events, would be postponed due to concerns surrounding the coronavirus and in accordance with safety protocols recommended by the CDC.

 

NASCAR has stated that its goal is to complete a full slate of regular season races, however, details on a revised NASCAR schedule, and information concerning the potential rescheduling of our May events, and possible amendments to our sanction agreements with NASCAR are not yet available.

 

Attached to this filing is the press release issued by Dover International Speedway on March 17, 2020.

 

The press release contains or may contain forward-looking statements based on management's beliefs and assumptions. Such statements are subject to various risks and uncertainties which could cause results to vary materially. Please refer to the Company's SEC filings for a discussion of such factors.

 

Item 9.01   Financial Statements and Exhibits.

 

(d) Exhibits

 

99.1 Press Release dated March 17, 2020

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, we have duly caused this report to be signed on our behalf by the undersigned hereunto duly authorized.

 

  Dover Motorsports, Inc.
   
 

/s/ Denis McGlynn

  Denis McGlynn
  President and Chief Executive Officer

 

Dated: March 17, 2020

 

 

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