American Racing Capital, Inc. / AMRA Will Exercise Its Option to Purchase Motor Speedway in Mississippi

Business Wire,  Nov 26, 2007  

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SAN DIEGO -- American Racing Capital, (OTCBB: AMRA), a company specializing in the Motorsports Industry, announced today the Company is preparing to exercise it's Option to Purchase Magnolia Motor Speedway in Columbus, Mississippi. The Company has been in contact with several lending institutions. The land appraisal has come back favorably on the 100 plus acre parcel. When completed, this will be a multi-million dollar transaction for American Racing Capital. In addition to purchasing the Speedway, there is additional land available for future projects such as local business development and/or other attractions.

Bob Koveleski, President of American Racing Capital said, "Since locking up the option to purchase this track and the adjoining property back in September, certain announcements about what might be happening on the opposite side of the highway has boosted the value of the Magnolia property. Also, race tracks are increasingly becoming hot properties. Just a few weeks ago, Bruton Smith of Speedway Motorsports Corp., (NYSE:TRK) paid $340 million for New Hampshire Speedway. No one, to our knowledge is going after the grass-roots racing market which in our view, has the greatest opportunity for growth. Closing on Magnolia will of course significantly increase ARC's asset base. "

Magnolia Motor Speedway, http://www.magnoliamotorspeedway.net/, is strategically located near the intersections of U.S. Highways 82 and 45. Several hundred racing drivers compete at Magnolia every year. Currently, races at the Speedway are sponsored by companies such as; Coca-Cola Co. (NYSE: KO), Molson Coors Brewing Company (NYSE: TAP), Anheuser-Busch Companies Inc. (NYSE:BUD), auto dealers and other local businesses. American Racing Capital looks to bring its expertise into the marketplace to help procure additional sponsors for the Speedway and to possibly expand on the number of race events and other quality entertainment for the benefit of the fans, the drivers, and the community.

About American Racing Capital, Inc.

American Racing Capital, Inc. is a company specializing in Motorsports and its strategy is to focus on several aspects of this industry. Through it's subsidiaries, American Racing Capital intends to; Acquire financial interests in several auto-racing facilities, Establish race management contracts at both existing and newly proposed racing facilities, Engage in the design, re-design, development and management of our wholly owned race tracks, Find and acquire motorsports companies to compliment our other holdings. The Company's business also includes motorsports sponsorship services which are highly specialized promotional services in this industry. These programs entail introducing companies to multiple levels of race team and race track sponsorship activities. American Racing Capital's mission here, is to help companies develop and build brand reputation using motorsports as a revenue-generating opportunity.

For more information visit - http://www.americanracingcapital.com

This press release contains "forward-looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and is subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in American Racing Capital Inc.'s reports that will be on file with the US Securities and Exchange Commission.

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