American Racing Capital Inc. Shareholder Address and Corporate Update

  
    
  
  
    
      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.