SPECIAL EVENT (SAN DIEGO) - American Racing Capital signs Option to Purchase Agreement for Magnolia Motor Speedway

, (OTCBB: ANRC), a company specializing in the Motorsports Industry, announced today that the Company has signed an Option to Purchase agreement on Magnolia Motor Speedway in Columbus, Mississippi. Negotiations are complete and the sale will move forward

subject to the Company completing its financing. Due diligence and the land appraisal have come back favorably on the 100 plus acre parcel. In addition to the Speedway, there is an established tenant on a portion of this under utilized parcel. There is an opportunity for American Racing Capital to increase revenue by utilizing a portion of this large parcel for other local business developments.

Bob Koveleski, President of American Racing Capital said, “This is the right opportunity showing up at the right time. We have been hard at work traveling to and analyzing several facilities across the country that would fit our business model. Magnolia Motor Speedway is a perfect fit to American Racing Capital’s business model, such as the recent announcement of managing Nashville’s Music City Motorplex, http://musiccitymotorplex.com/. The Company continues to aggressively pursue additional ventures in other regions of the US for ownership opportunities to enhance shareholder value.”

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. , Molson Coors Brewing Company , Anheuser-Busch Companies Inc. , 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 for the benefit of the fans and the drivers.