American Racing Capital, Inc. / AMRA Adds a Second Industry Veteran to Board of Advisors.

SAN DIEGO -- American Racing Capital, (OTCBB: AMRA), a company specializing in the Motorsports Industry, announced today it has named Mark J. Perrone to it's Advisory Board. Mr. Perrone is well known in racing circles having most recently been President and General Manager of the legendary Milwaukee Mile, the oldest continually operating Speedway in the world. His professional career started right after graduating from Denver University, when he began a career with the Federal Bureau of Investigation. Later, Mark moved on to professional sports management and worked for the Washington Capitals and the Washington Bullets franchises. He then moved up to major league sports with a senior position at Bob Woolf Associates where he established relationships in the NFL, MLB, NBA, and the NHL. Next he became President of Sportserve, Inc., where he handled Hall of Fame and All-Pro inductees. Also, he consulted to groups interested in the acquisition of major league teams, as well as franchise expansion opportunities. His clients included the Portland Trailblazers, New York Yankees, Boston Red Sox, Duke University and the NHL League office. He also served in an administrative capacity for USA Hockey during the 1980 and 1984 Olympics. Mark's career in motorsports includes having been the Executive Director of racing for the "Cracker Barrel 500" held at Atlanta Motor Speedway. Mr. Perrone has successfully promoted NASCAR events in all levels, including Cup, Bush and Craftsman Truck as well as other race series such as the Indy Racing League and ChampCar, even serving as Vice President of ChampCar. Mr. Perrone is also an active member of society with numerous charity and civic associations and has been awarded two Gubernatorial Citations and two Senate Citations.

Bob Koveleski, President of American Racing Capital said, "Mark has an intimate knowledge of all aspects and components of the racing business. We are extremely pleased to be working with a person with his qualifications and experience. I have a very strong feeling he will be a real compliment to our Advisory Board. As we move forward building a stronger Company, these kind of quality people only strengthens our position and our future success."

About American Racing Capital, Inc.

American Racing Capital, Inc. is a company specializing in Motorsports and its strategy is to focus on several aspects of this industry. Through it's subsidiaries, American Racing Capital intends to; Acquire financial interests in several auto-racing facilities, Establish race management contracts at both existing and newly proposed racing facilities, Engage in the design, re-design, development and management of our wholly owned race tracks, Find and acquire motorsports companies to compliment our other holdings. The Company's business also includes motorsports sponsorship services that are highly specialized promotional services in this industry. These programs entail introducing companies to multiple levels of race team and racetrack sponsorship activities. American Racing Capital's mission is also helping companies develop and build brand reputation using motorsports as a revenue-generating opportunity.

For more information visit - http://www.americanracingcapital.com

This press release contains "forward-looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and is subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in American Racing Capital Inc.'s reports that will be on file with the US Securities and Exchange Commission.