MISSISSAUGA, Ontario, Dec. 3, 2007 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company American Racing Capital, Inc. (OTCBB:AMRA).
American Racing Capital, Inc. is a company specializing in motor sports 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 their wholly owned race tracks; find and acquire companies to compliment the Company's other holdings.
AMRA's subsidiary purchased 51% of LJ&J Enterprises of Tennessee Inc., which controls and manages the daily operations at Nashville, Tennessee's legendary "Music City Motorplex." The Company's business also includes sponsorship activation services and motor sports product licensing agreements, which are highly specialized promotional services in this industry. American Racing Capital, Inc. helps companies develop and build brand reputation using motor sports as a revenue-generating opportunity. Programs entail introducing companies to multiple levels of: Race Driver, Race Team and Race Track exposure.
Auto racing is now the number one spectator sport in America and in the last 5 years, auto racing has been the fastest growing sport in the world. (Sports Business Journal) Also, race tracks are increasingly becoming hot properties. Just a few weeks ago, Bruton Smith of Speedway Motorsports Corp. paid $340 million for the New Hampshire Speedway.
A complete AMRA profile can be viewed at: http://www.allpennystocks.com/aps_us/company_spotlights/archives/amra.asp
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Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on American Racing Capital, Inc. (OTCBB:AMRA); the amount is three thousand five hundred dollars by a third-party, WallStreet America for its efforts in presenting the AMRA profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/aps_us/company_spotlights/archives/amra.asp.