On October 2, 2012, Dover Motorsports, Inc. and its wholly owned subsidiaries Dover International Speedway, Inc. and Nashville Speedway, USA, Inc., (collectively, the "Borrowers"), modified its secured credit agreement with its bank group. The credit facility was modified to allow the Borrowers to repurchase shares of the registrant's common stock in the open market and/or pay dividends with respect to the registrant's common stock for an aggregate consideration of not more than $2,500,000 in any fiscal year.

A copy of the modification letter is attached hereto as Exhibit 10.1.

(d) Exhibits

10.1    Modification Letter to Credit Agreement between Dover Motorsports, Inc.,
        Dover International Speedway, Inc. and Nashville Speedway, USA, Inc. and
        RBS Citizens, N.A., as agent, dated as of October 2, 2012.