Boundless Motor Sports Racing, Inc. Announces Racing Electronics as Official Race Communications Sponsor for World of Outlaws Series.

Sports Editors/Business Editors/Automotive Writers

NORMAN, Okla.--(BUSINESS WIRE)--May 3, 2004

Boundless Motor Sports Racing, Inc. (OTCBB:BMSR) (Boundless) announced that Racing Electronics is the 2004 Official Race Communications Provider for the World of Outlaws Sprint and Late Model Series. Terms of the sponsorship agreement were not disclosed.

Racing Electronics is a manufacturer and supplier of a complete line of race communications products and accessories. What began as a hobby working out of a condominium in 1998 has grown into the number one race communications company worldwide operating out of the company's own 10,000 square foot facility. Serving professional drivers, pit crews and the individual race fan for over 16 years, Racing Electronics offers customers a wide variety of products including radios, accessories from Motorola, Kenwood and the new Reliant Radio, as well as high quality scanners from Uniden and Racing Electronics' own RE2000 Racing Scanner.

"Bruce Silver and Racing Electronics are a welcome addition to the new World of Outlaws," said Craig Cormack, Boundless VP Brand Marketing. "Their equipment ensures that the lines of communication at the track remain open. It's fundamental to successful operations and we are excited to have them on board for both series."

"To be the Official Race Communications Provider for the World of Outlaws has been a goal of mine for many years," said Silver, President and CEO of Racing Electronics. "With the change in management we saw an opportunity and are delighted to be involved."

For more information about Racing Electronics call 1-800-272-7111 or visit the company's website at www.racingelectronics.com.

About Boundless Motor Sports Racing, Inc.

Based in Norman, OK, Boundless is a racing and sports entertainment company. Boundless is currently pursuing the acquisition of dirt motor sports racing sanctioning organizations, promotional organizations and racetracks in the United States.

For further information on Boundless or this press release contact Terri Metzger, Public Relations at 405-360-5047 Ext. 113, email [e-mail], or visit our corporate web site at www.boundlessracing.com. For more information about the World of Outlaws visit www.worldofoutlawsracing.com and www.WoOLMS.com.

This release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Closing of this acquisition is subject to fulfillment of certain conditions precedent, and there can be no assurances that all of such conditions precedent will be satisfied or waived. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are economic, competitive and technological factors effecting the company's operations, markets, merger and acquisition activities, products, services and prices, as well as other factors detailed in the company's filings with the Securities and Exchange Commission.