American Racing Capital Signs Letter of Intent with Driving Concepts International

ZEPHYR COVE, Nev., Dec. 21, 2005 -- American Racing Capital Inc. ("ARC"), , a consulting group dedicated to motor sports sponsorship development and racetrack acquisition and design, announced today that it has signed a Letter of Intent (LOI) to acquire 100% of Driving Concepts International Inc. (DCI), a company that provides unique, entertaining and educational driver training events. The acquisition of DCI will further expand the Company's core competencies by adding a high performance driver-training component.

DCI offers advanced driver education and training programs for both the general public and racecar enthusiasts of all driving skill levels. The public courses teach driving survival skills from skid control and accident avoidance to high-performance driving, which further refines driving skills and/or develops basic racing skills. For aspiring racecar drivers, there are Racing Schools which prepare them for competition and Drifting Schools which teach the advanced technique of "drifting." Additionally, DCI offers specialized programs for teen drivers and corporate events.

Davy Jones, Chief Executive Officer of ARC, said, "Our growth strategy calls for the acquisition of complementary businesses that will diversify and strengthen our core competencies and allow us to take full advantage of the expanding opportunities in motor sports. DCI further builds out our comprehensive services by adding a driver education and training component."

About Driving Concepts International

Driving Concepts International Inc. is a California based company that provides unique, entertaining and educational driver training events. They conduct a wide range of personalized performance driving clinics for men and women of all ages and driving skills. They specialize in defensive driving courses, corporate driving programs and group adventure packages. They are particularly focused on advancing the safe driving skills of teen drivers. Teaching new drivers survival skills like the techniques of accident avoidance and skid control. Skills that could some day save their lives. DCI also has high performance and racing car clinics for people interested in on-track activities. Additional information about the company can be found at their website, http://www.drivingconcepts.com/.

About American Racing Capital

American Racing Capital Inc. has set forth its mission to fund and acquire companies like DCI to utilize their knowledge in advanced driver training and expand these opportunities both regionally and across the country. ARC's other companies currently offer inside access to race teams and event sponsorship and motor sports marketing services. In addition, ARC offers consulting on design and build-out of new racetrack developments or upgrading of current motor sport facilities.