Press Release

DOVER MOTORSPORTS, INC. DECLARES REGULAR QUARTERLY DIVIDEND

Release date: May 2, 2008
Contact: For further information, call:
Timothy R. Horne - Sr. Vice President-Finance
Dover, Delaware, April 23,2008 (302) 857-3292

Dover Motorsports, Inc. (NYSE-Symbol: DVD) Board of Directors today declared a quarterly cash dividend on both classes of common stock of $.015 per share.  The dividend will be payable on June 10, 2008 to shareholders of record at the close of business on May 10, 2008. 

Dover Motorsports, Inc. (NYSE: DVD) is a leading promoter of motorsports events in the United States. DVD subsidiaries operate three tracks in three states, and present several hundred motorsports events each year. This includes 14 major, national events which include races sanctioned by NASCAR and the NHRA. Dover Motorsports, Inc. owns and operates Dover International Speedway in Dover, Del., Gateway International Raceway near St. Louis, Mo., and Nashville Superspeedway near Nashville, Tenn. For further information log on to www.DoverMotorsports.com. This release may contain forward-looking statements based on management’s beliefs and assumptions. Such statements are subject to various risks and uncertainties that could cause results to vary materially. Please refer to the SEC filings of DVD for a discussion of such factors.