Music City Motorplex Begins 2008 Season
30 May 2008 - 11:45PM
Marketwired
NASHVILLE, TN , along with its partner LJ&J of Tennessee,
season began at the Music City Motorplex already with a half-dozen
successful race weekends and is poised for a great year. The track,
only a few minutes from downtown Nashville, will also hold
additional events and activities this season. There is also a new
tenant that will bring in both extra excitement and extra track
rental income.
The Company now has the "Music City Stockcar Experience" racing
program available to anyone who would like to get an idea of what
it's like to ride shotgun at speed around a high-banked Speedway.
For a half century this track has been the exclusive playground to
professional racing drivers only. Now the general public can get
"hot-laps" around the track by current and former drivers, who have
all raced and won at the "Plex." Later this year, the program will
also include instructional provisions allowing the public to be
able to drive the racecars on the track themselves.
In addition, debuting on June 13th, the "Bandits of the South"
will begin their summer tour at the Motorplex. The concert features
Country Music legends: Joe Diffie, Aaron Tippin and Sammy Kershaw.
This will be the first time the Speedway will host a concert and
the Company is looking forward to the increased gate and concession
proceeds. With the Company's anticipation that the concert will be
a success, the Speedway will look to host similar events in the
future.
Bob Koveleski, the President of American Racing Capital, said,
"This year we are celebrating our 50th Anniversary as a NASCAR
sanctioned track and with the all the race weekends going on
through November, the stockcar racing experience/school, and the
Country Music concert, this will be the facility's most aggressive
year yet. The Motorplex has become an asset to the Nashville
community, and has opened the door to discussions on other
opportunities for us and events in Nashville that will increase
shareholder value."
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 its subsidiaries, American Racing Capital, Inc.
intends to: 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 complement our
other holdings. 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.musiccitymotorplex.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.
Contact Information Company Contact American Racing Capital, Inc
Robert Koveleski 1-800-230-7132 Email Contact
www.americanracingcapital.com
American Racing Capital (CE) (USOTC:AMRA)
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