AllPennyStocks Featured Company: American Racing Capital, Inc. (AMRA.OB) Looking to Burn Rubber in 2008
American Racing Capital, Inc. (OTCBB: AMRA), a company that specializes in motor sports out of San Diego, acts through its subsidiaries to acquire financial interests in auto racing facilities and develop as well as manage the racetracks it already owns. They also focus much of their attention on motor sports sponsorship services, and bring an experienced team of promotional services into the racing industry. The company introduces companies that are interested in multiple levels of race team and racetrack sponsorship activities. A key acquisition for the Company was having a subsidiary reach a deal to claim a 51-per-cent interest in…