Dale Jarrett Racing Adventure Announces Change of Fiscal Year

CHARLOTTE, N.C., May 11, 2005 -- Dale Jarrett Racing Adventure (BULLETIN BOARD: DJRT) announced today that the company has made a change from fiscal year ending June 30th to a calendar year ending December 31st to better coincide with business planning and strategy. For the 6 month 10K, the company produced $1,200,000 in gross revenue as compared to $1,800,000 in the 12 month 2004 10K.

"Our 6 month 10K numbers included writing off Brett Favre's contract as well as other non cash items totaling over $450,000. Although Brett is still a part of the company, the auditors felt it was a necessary adjustment. These changes will allow our financials to more accurately reflect the current status of the company," said Tim Shannon, President of Dale Jarrett Racing Adventure.

The Dale Jarrett Racing Adventure is the only publicly traded driving school in the U.S. and features the opportunity to race actual NASCAR Nextel Cup race cars. The company books various dates during the year at NASCAR tracks and customers purchase laps ranging from a 3 lap ride to an 80 lap drive. Students can achieve speeds of up to 165 mph at the Superspeedways and are allowed to pass other students. An instructional session is used to acquaint the student with the racecar, safety precautions and the proper groove of the racetrack. The company was started in 1998 and is backed by the Jarrett brothers (Dale and Glenn), as well as their Father Ned, Dale's son, Jason and Green Bay Packers quarterback Brett Favre. More information is available on the Racing Adventure by visiting www.racingadventure.com .

This press release may contain forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Such forward-looking statements, particularly as related to the business plans of Dale Jarrett Racing Adventure, Inc. to gain market acceptance, are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the company's expectations and estimates.