8000Inc Racing (EIGH.pk) commences climb on the Motor Sport Ladder

8000inc launches racing team starting with the F2000 Championship Series

MANASSASS, VA, April 21 /PRNewswire-FirstCall/ - Following their successful involvement with the CARIFTA games with the AAAB team (Barbados), a prelude to the 2012 Olympics, 8000inc through its new subsidiary 8000inc Racing is excited to announce that it is backing international racing driver Brent Gilkes in the highly competitive F2000 Championship Series. This is the planned stepping stone to the Formula One circuit. This international race series which runs at tracks throughout the US and Canada and supports the Indy Cars at the world famous Watkins Glen circuit in New York in July, boasts the highest entry numbers of any open wheel series in North America. The drivers who come from as far afield as Australia and Brazil to compete are a mixture of young drivers striving to make a career in the top echelons of the sport and veterans who have excelled at the national level and want to race in a seriously challenging professional level series.

8000inc Racing has been established with goals that start with F2000 in 2010 but then advancing into either Formula Mazda or British Formula 3 in 2011/2012 and ultimately targeting the higher echelons of open wheel racing of Formula 1 either as a team or main sponsor.

Thomas Kelly CEO of 8000inc said "Obviously I am thrilled that Lap 2 Racing which has been one of the smaller teams in the series, approached 8000Inc. The opportunities discussed will open up a new marketing and publicity avenue for the Group and will allow 8000inc to realize its targets of a presence at the highest levels now in Motor Sport complimenting its positions in Athletics and Cricket. I am confident that our support will help significantly. This support will allow us to upgrade the aerodynamic package, use new tyres each weekend and have an engineer from Vallis Motorsport at most races working on the car. At VIR I think we showed the potential, running as high as second in the Masters Class in Race 1, before tangling with another car 2 laps from the end while fighting for 3rd. Now it is a case of building from that and we look forward to debuting the new car in its complete new livery at Mosport. In 2011 8000Inc Racing plan will be to have 2 professional drivers, in a series above F2000, we will continue racing in a similar capacity as today and to target top young drivers into 8000Inc Racing's program. It would be tremendous if one of those drivers could come from Barbados and 8000Inc Racing is already looking further into the future with their support of 2 young local karters.

This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of 8000 Inc. see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.

SOURCE 8000inc.

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