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NASCAR BUSINESS - Dale Jarrett Racing Adventure Gains Speed - Files Profitable 10k


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NEWTON, N.C., April 5 -- Dale Jarrett Racing Adventure, Inc. (BULLETIN BOARD: DJRT) a "Full Throttle" lifetime experience company, has announced its financial results for the fourth quarter and year ended December 31, 2006.

  Fourth Quarter Highlights

  -- Revenues for the fourth quarter 2006 totaled $797,500, a 50% increase
     over fourth quarter 2005 revenues of $532,000.
  -- Net income for the fourth quarter 2006 was $223,700, as compared to a
     fourth quarter 2005 loss of ($4,800).
  -- 2007 backlog as of December 31, 2006 is 49% of 2006 total revenue.

  2006 Highlights

  -- First profitable full year since inception.
  -- Net income for 2006 was $88,400, as compared to a 2005 net loss of
     ($320,500).
  -- Revenues for 2006 totaled $2,144,300 a 20% increase over 2005 total
     revenues of $1,785,300.
  -- Latest safety equipment installed in all racecars, including Hans head
     and neck restraint system, Tri-star fire suits and full-face Bell
     Helmets.
  -- 2006 gross profit margin of 59% as compared to 50% in 2005.
  -- 100% funded from free cash flow from operations for the last 4 years.
  -- 63,000 laps safely completed in 2006 as compared to 49,000 laps in
     2005.

The Dale Jarrett Racing Adventure provides lifetime experiences with all of the drama, thrills and excitement that driving your own authentic NASCAR Nextel Cup race car on a nationally renowned Superspeedway can deliver. We call it Full Throttle Living. The company books various dates during the year at NASCAR tracks across the country and customers can purchase packages ranging from a 3-lap ride to an 80-lap adventure weekend. Participants can achieve speeds of up to 165 mph at the Superspeedways and are allowed to pass and draft with other students. In order to reach these speeds safely an instructional session is provided to acquaint the student with the racecar, safety precautions and the proper groove of the racetrack. DJRT was founded in 1998 and its shareholders include NASCAR Champions Dale and Ned Jarrett, as well as Dale's brother Glenn, Dale's son Jason, NASCAR driver Joe Nemechek and Green Bay Packers quarterback Brett Favre. More information is available by visiting www.RacingAdventure.com.