AMRA American Racing Capital Inc (CE)

The following is a shareholder address and corporate update from Bob Koveleski, President of American Racing Capital, Inc. (OTCBB:AMRA): Welcome and please allow me the privilege of introducing you to American Racing Capital (OTCBB:AMRA). American Racing Capital, Inc. (ARC) is a race track development and facilities management company that integrates and funds independent motorsport firms across the continental US. Through its MET subsidiary, ARC operates the historic 50 year-old Music City Motorplex located on the Tennessee State Fairgrounds. Music City Motorplex is a 5/8th mile, paved, NASCAR-sanctioned short track steeped in history. It is located on 115 acres in the Tennessee State Fairgrounds just two miles from the center of downtown Nashville. Music City Motorplex holds the record for sending more drivers to NASCAR than any other race track in the USA. Among the legendary competitors who have raced at the Nashville track are Dale Earnhardt, Buck Baker, Lee, Richard, and Kyle Petty, Fireball Roberts, Donnie and Bobby Allison, Coo Coo and Sterling Marlin and Darrell Waltrip. The June 2007 acquisition of LJ&J Enterprises of Tennessee gives ARC the controlling interest in Nashville�s well-known Music City Motorplex track. ARC has now assumed full control over track operations, concessions and specialty events. The acquisition of Music City Motorplex adds significantly to ARC�s revenue visibility. We believe we have an excellent growth strategy that includes executing on Speedway acquisitions with plans to broaden the service base and provide platforms for specialty motorsports programs. We also intend to secure financial interests in established track facilities coupled with the execution of race management contracts, engage in the re-design, development, and management of racetrack facilities through controlling interests or wholly owned acquisitions. To that end we have retained Frost Motorsports LLC, a business specializing in locating and valuing motor sports facilities, to assemble a comprehensive list of available race track properties. Upon acquisition, or acquisition of interest, we intend to improve our Speedway design and development venues and couple with events sanctioned by CHAMPCAR, INDYCAR, NASCAR, or other major participating organizations. Our goal is to provide highly-specialized motorsports marketing and sponsorship opportunities. In addition to these developments we are also pleased to announce the hiring of Capital Pros Network for our media coverage and market awareness strategy. CPN has represented over 15 companies and has been featured on MSNBC, and other major carriers. We will be working with them to build brand and market recognition through compliance oriented programs. While we are just beginning to build this team our long term vision is to be a value play for our shareholders along the lines of Speedway Motor Sports (Symbol TRK), which currently trades on the NYSE for over $30.00 per share, and International Speedway Corporation (Symbol ISCA), which currently trades for over $41.00 per share. We feel we have the financial backing, shareholder interest and long term strategy to create a much larger asset and earning base for our early shareholders. We believe our current purchase of stock and the retirement of debt as well as potential future acquisitions put us in a very healthy position in this field. "Safe Harbor" Statement: Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. Compensation Disclaimer: Capital Pros Network (CPN) has been compensated the equivalent of $175,000 for AMRA.OB for media coverage. Certain oral statements made by management from time to time and certain statements contained in press releases and periodic reports issued by AMRA (the "Company"), as well as those contained herein, that are not historical facts are "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934 and, because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.