FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * MCGLYNN DENIS   2. Issuer Name and Ticker or Trading Symbol DOVER MOTORSPORTS INC [DVD] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President and CEO (Last) (First) (Middle) 1131 N. DUPONT HIGHWAY 3. Date of Earliest Transaction (Month/Day/Year) 01/03/2007 (Street) DOVER, DE 19901 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, $.10 par value 01/03/2007   A   15,000 A $ 0 0 (1) (2) D   Common Stock, $.10 par value 01/04/2007   F   904 D $ 5.15 136,069 (2) D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Class A Common Stock

(3)

(3)

(3)

Common Stock

797,000

797,000

D

Class A Common Stock

(3)

(3)

(3)

Common Stock

52,000

52,000

I

Wife

Options granted 05/05/2000 (6)

$ 5.03

(4)

05/04/2010

Common Stock

35,000

35,000

D

Options granted 05/09/2002 (6)

$ 7.23

(5)

05/08/2010

Common Stock

25,000

25,000

D

Options granted 01/03/2003 (6)

$ 4.68

(5)

01/02/2011

Common Stock

25,000

25,000

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MCGLYNN DENIS 1131 N. DUPONT HIGHWAY DOVER, DE 19901	X		President and CEO

Signatures

Elia D. Trowbridge via Power of Attorney Filed With the Securities & Exchange Commission		01/05/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	See line below on Table I for total amount of securities beneficially owned directly.
(2)	Includes 52,341 shares of restricted stock granted under the Company's Incentive Stock Plan in transactions exempt under Rule 16b-3 (full amount of original grant, whether or not vested, less shares disposed of, if any). Shares vest one fifth per year beginning on the second anniversary of the grant date (beneficial ownership in unvested shares is disclaimed for Section 16 purposes). Grant dates and number of shares granted were: January 3, 2007: 15,000 shares; January 3, 2006: 15,000 shares; January 3, 2005: 12,000 shares; and April 28, 2004: 12,000 shares.
(3)	Class A Common Stock is convertible into Common Stock at any time on a share for share basis at the option of the holder thereof.
(4)	Ten-year options with exercisability phasing in as follows: 5/5/06 - 8,286 shares; 5/5/07 - 8,839 shares; 5/5/08 - 8,839 shares; 5/5/09 - 8,839 shares; 1/1/10 - 197 shares.
(5)	Eight-year options with exercisability phasing in. Beginning one year after date of grant, one-sixth becomes exercisable. An additional one-sixth becomes exercisable over the succeeding five years.
(6)	Previously reported.

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