MotorSports Emporium Releases Year-End Results; First Full Year as MSEP

SCOTTSDALE, Ariz.--March 16, 2006--MotorSports Emporium Inc. (OTCBB:MSEP) today announced its audited financials for Dec. 31, 2005, year end.

David Keaveney, president and CEO, stated, "2005 was our first full year reporting under MotorSports Emporium Inc. Throughout 2005, we transformed MSEP from a single division company into a multidivisional operation. ScaleCars.com, our die cast model car company, gained tremendous exposure through a redesigned Web site and the creation of an eBay(TM) store. Bryan Herta, Marco Andretti and Arie Luyendyk Jr. became our sponsored drivers. Two-time Indianapolis 500 winner Arie Luyendyk joined our advisory board and helped launch our racing memorabilia division, DriversDigs, and automotive art division, PitStopStudios. Late in the year, we acquired the exclusive licensing rights to a high-performance brake fluid, GS610(TM), and launched our latest division, Quadriga MotorSports(TM), to focus on high-end performance auto parts and accessories."

RESULTS FROM OPERATIONS:

Our net loss for the year ended Dec. 31, 2005, was approximately ($1,010,499) compared to a net loss of approximately ($1,691,109) for the year ended Dec. 31, 2004, (a decrease of $680,610). We divested from the gaming industry in 2004 and now operate a completely separate entity. The net loss of ($1,691,109) during 2004 includes a loss from discontinued operations in the amount of ($1,129,225).

Net revenues for the years ended Dec. 31, 2005 and 2004 were $222,025 and $22,168 respectively (an increase of $199,857). The increase in revenue during the 12-month period ended Dec. 31, 2005, was due primarily to the length of time in which the core business has been operating, as revenues from our motorsports-related operations did not begin until the fourth quarter of 2004. We generated $90,435 in revenue in 2004 from discontinued businesses.

Our net revenues consisted primarily of retail sales of die cast collectible cars and automobile racing-related merchandise. While the company acquired a license to distribute high-performance brake fluid during the third quarter of 2005, sales related to this line of business were insignificant as we devoted most of our efforts in 2005 toward developing our manufacturing, distribution and marketing infrastructure.

Cost of sales for the years ended Dec. 31, 2005 and 2004 was $134,517 and $10,612, respectively (an increase of $123,905). This increase was due primarily to the increase in net revenues. Gross profit, as a percentage of net revenues, was 39% and 52% for 2005 and 2004, respectively. Our larger margin percentage in 2004 was based only on a short period of time and, therefore, we do not believe that it is representative of margins to be realized on an ongoing basis.

Operating expenses for the years ended Dec. 31, 2005 and 2004 were $1,058,936 and $343,233, respectively (an increase of $715,703), due primarily to the length of time in which the current core business has been operating. A significant amount of our operating expenses in 2005 were focused toward increasing our brand awareness, developing our business infrastructure, establishing relationships with sponsors, suppliers and customers. We incurred total expenses of $1,129,255 in 2004 related to discontinued operations.

Net loss before discontinued operations for the years ended Dec. 3, 20051, 2005 and 2004 was ($1,010,499) and ($561,884), respectively (an increase of $448,615). This increase is due primarily to the length of time in which the core business has been operating, as we have incurred net operating losses associated with our motorsports-related businesses since inception.

"Though we increased our issued and outstanding shares throughout 2005 the company was able to leverage its securities to appeal to key consultants, reduce debt and reward employees. Moving into 2006, MSEP will continue to utilize its shares to attract key personnel to this organization," continued Keaveney.

Keaveney stated, "We are off to a fantastic start in 2006, as it relates to market awareness of our latest division, Quadriga MotorSports(TM), and our high-performance brake fluid, GS610(TM). We have aligned ourselves with many great names within the IRL and NASCAR to include Luyendyk, Herta, Curb-Agajanian, Andretti and McAnally who we supply and/or sponsor GS610(TM) brake fluid. Product endorsements will continue to play a major role as we focus on national retail sales. Additionally, we are looking into the future with a broader market that includes international distributors who have already begun to take notice."

Keaveney concluded, "MSEP will continue to operate its other divisions: ScaleCars, DriversDigs, and PitStopStudios, but with less emphasis on time restraint. A proprietary program was created to integrate all of our divisions under one banner, allowing us to focus more directly on updates and not day-to-day activities that burdened us in the past. Throughout 2005, MSEP has definitely gone through some growing pains which matured us as a business. We are much stronger as a company, more efficient as an organization and more aware of the needs of our shareholders. MSEP is on track for an exciting 2006 year and we look forward to the business ahead. As shareholders, I encourage you to communicate with us often. Thank you for your continued support and blessings."

About MotorSports Emporium Inc.

MotorSports Emporium Inc. is a fast-track company in the motor sports industry targeting enthusiasts who participate in die cast collectible cars, automobile restoration, high-performance accessories, motor sports-related collectibles, automotive and racing art, driver's apparel, race venues and product licensing. For more information, visit www.motorsportsemporium.com. For product, visit www.scalecars.com, www.driversdigs.com, www.pitstopstudios.com and www.quadrigamotorsports.com.

This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.