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IOWA'S WEST LIBERTY RACEWAY NEWEST ASA MEMBER TRACK ADDITION

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                                                                     For Immediate Release


               IOWA'S WEST LIBERTY RACEWAY NEWEST
                        ASA MEMBER TRACK ADDITION

PENDLETON, Ind. (December 18, 2003) -- The rapidly expanding American Speed
Association Member Track program has added West Liberty Raceway in Eastern Iowa
for the 2004 season. West Liberty is the second track in the Hawkeye State to join ASA's
weekly racing program joining the previously announced Hawkeye Downs Speedway.

"I'm excited about the involvement with the ASA Member Track program," said Jerry
Pratt, promoter of West Liberty Raceway. "The points fund contribution is very valuable
to everyone at West Liberty Raceway. This is the best thing that has occurred for our
competitors in a long time."

West Liberty Speedway is located approximately 15 miles Southeast of Iowa City. Pratt
Racing Promotions founders Jerry and Lisa Pratt promote the.50-mile flat clay oval. The
speedway is located near I-80 at the Muscatine County Fairgrounds. Weekly racing
takes place from April to September, with the divisions of Late Models, Modifieds,
Limited Late Models and West Liberty Stock Cars.

"The ASA National Tour has established a solid reputation in eastern Iowa over the past
10 years with events at Cedar Rapids," said Dennis Huth, ASA Member Track program
director. "That reputation, coupled with West Liberty Raceway's quality racing program,
will make this an almost certain winning combination."

The ASA Member Track program is designed for weekly short track venues to make
available many of the policies, principles, procedures and components that have made
the American Speed Association a premier short track sanctioning body for 36 years.

Participating tracks receive contributions to their year-end points fund, marketing
opportunities, and join a small, select group of elite tracks displaying the ASA Member
Track logo.

ASA Member Tracks showcase exciting competition with their local racing programs,
providing training grounds for the ASA Racing stars of tomorrow. Through the ASA
Member Track program, "We Build Champions. "

The American Speed Association offers racing on three levels: ASA National Tour, ASA
Late Model Series and through the rapidly expanding ASA Member Track program.

For additional information, visit www.asaracing.com.


                                    - www.asaracing.com -


For More Information, Contact:
Kyle Larson
Public Relations
American Speed Association
(765) 778-8088, ext. 271
klarson@asaracing.com