<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
ACCOMPANYING CONDENSED CONSOLIDATED BALANCE SHEET OF PENSKE MOTORSPORTS, INC. AS
OF JUNE 30, 1998 AND THE RELATED CONDENSED CONSOLIDATED STATEMENTS OF INCOME
FOR THE PERIODS ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY 
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1998
<PERIOD-START>                             APR-01-1998             JAN-01-1998
<PERIOD-END>                               JUN-30-1998             JUN-30-1998
<CASH>                                           1,294                   1,294
<SECURITIES>                                         0                       0
<RECEIVABLES>                                   10,598                  10,598
<ALLOWANCES>                                         0                       0
<INVENTORY>                                      2,579                   2,579
<CURRENT-ASSETS>                                16,764                  16,764
<PP&E>                                         262,623                 262,623
<DEPRECIATION>                                  26,403                  26,403
<TOTAL-ASSETS>                                 308,390                 308,390
<CURRENT-LIABILITIES>                           42,255                  42,255
<BONDS>                                         48,113                  48,113
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                           142                     142
<OTHER-SE>                                     199,796                 199,796
<TOTAL-LIABILITY-AND-EQUITY>                   308,390                 308,390
<SALES>                                          7,731                  11,677
<TOTAL-REVENUES>                                46,087                  56,224
<CGS>                                            4,659                   7,121
<TOTAL-COSTS>                                   26,481                  40,060
<OTHER-EXPENSES>                                   922                   (698)
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                 809                   1,668
<INCOME-PRETAX>                                 17,875                  15,194
<INCOME-TAX>                                     6,983                   5,950
<INCOME-CONTINUING>                             10,892                   9,244
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                    10,892                   9,244
<EPS-PRIMARY>                                      .77                     .65
<EPS-DILUTED>                                      .77                     .65
        

</TABLE>