Wednesday, July 25, 2007


SAN DIEGO, Jul. 25, 2007 (Business Wire) -- American Racing Capital Inc., (OTC BB: ANRC), a company specializing in the motorsports industry, announced today that Joseph Mattioli III has been named to American Racing Capital Inc.'s Board of Advisors. Mr. Mattioli had previously been appointed Senior Managing Partner of Motorsports & Entertainment of Tennessee. In these combined roles, he will be responsible for advising, leading and growing the Company's racetrack development, acquisition activities, and providing counsel to further American Racing Capital's strategic growth. Mr. Mattioli's career spans over 35 years in managing the development and operations of motorsports and entertainment facilities. Furthermore his expertise includes programming and marketing of special events for some of the nation's leading raceways.

Mr. Mattioli served as President and COO of Pocono International Raceway, where he engaged in public relations, sponsorship, marketing, concession operations, and facility management. Today, he continues to be a member of Pocono Raceway's Executive Committee and sits on their Board of Directors. During his long career in racetrack management, Mr. Mattioli has been associated with NASCAR-sanctioned racetracks and other racetracks that include Pocono International Raceway, South Boston Speedway, the Music City Motorplex, and the Washington D.C. Grand Prix.

Joseph Mattioli, stated, 'Racetracks are expanding to offer options well beyond traditional spectator only events. They are transforming into dynamic and interactive multiplex sports oriented entertainment centers. These facilities no longer sit idle between races and other sports events. State-of-the-art facilities can continually generate new revenue streams by serving as venues for concerts and other special events between race dates. Large-scale facilities can offer accommodations and entertainment, including; restaurants, hotels, VIP suites, and conference centers.'

Mattioli continued, 'I'm excited to be part of American Racing Capital. The Company has a vision for a diverse project portfolio that ranges from developing large-scale racetrack multiplex travel destinations to more compact venues. I'm looking forward to contributing and building the Company's success.'

Bob Koveleski, the President of American Racing Capital said, 'I'm pleased to welcome Joseph Mattioli to the Board of Advisors and look forward to working together to make this a successful venture. He is a highly recognized and respected member of the motorsports industry and is known for his contributions to the sport and his hands-on work ethic. His many years of facility management, coupled with his experience in event marketing, promotions, and his NASCAR affiliations will add immediate value to the overall development of the Company. Mr. Mattioli understands our vision as a public company and will leverage his experience, networks, and his relationships with the NASCAR community in an effort to drive value to American Racing Capital's portfolio of motorsports ventures.'

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, Inc. will; Acquire financial interests in several well established auto racing facilities, Establish race management contracts at existing racing facilities and newly proposed facilities, Engage in the design, re-design, and development and management of our wholly owned race tracks, Find and acquire companies to compliment our other holdings. The Company's business also includes sponsorship activation services and motorsports product licensing agreements, which are highly specialized promotional services in this industry. American Racing Capital, Inc. helps companies develop and build brand reputation using motorsports as a revenue-generating opportunity. Programs entail introducing companies to multiple levels of; Race Driver, Race Team and Race Track exposure.

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

 http://www.corporateevolutions.com/anrc.php

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.

Newstex ID: BW-0001-18392135


Delivered by Newstex LLC
via theFinancials.com


Sales & Promotion

 http://www.adbrite.com/mb/commerce/purchase_form.php?opid=377909&afsid=1

Free Mobile Phones: Which one is for you?
 http://cyber.2u.co.uk/