Reality Racing, Inc., Addresses Television Scheduling

Reality Racing, Inc., Addresses Television Scheduling

BOCA RATON, Fla., July 30 /PRNewswire-FirstCall/ -- Reality Racing, Inc., (OTC Pink Sheets: RRGI) announced today that less than anticipated advertising revenues coupled with a high per-episode fee payable to SpikeTV has resulted in a cash flow situation that made post-edit of the most recent episodes of Reality Racing - The Rookie Challenge impossible. Reality Racing aired two repeat episodes (which as it turns out many viewers had not seen) but was unable to meet the financial obligation to SPIKE for airing this past Saturday.

Reality Racing is in active negotiations with a group that when completed, will enable the show's producer to complete the post-edit of the footage already taped and the remainder of the 1st Season of the show. Reality Racing is confident they will be able to obtain the additional funding and meet obligations to viewers, shareholders and the network.

   For more information, visit: http://www.realityracingtv.com/    Company Contact:   Kathy Itchkow, Director of Marketing & Promotions   Reality Racing, Inc.   561-391-1064   kathy@realityracingtv.com    For Investor Relations Information contact:   Steeltown Consulting Group LLC   Attn:  David Mehalick, Managing Director   5000 Treesdale Drive   Gibsonia, PA 15044   (724) 625-0133   steeltownconsultinggroup@yahoo.com  

First Call Analyst:
FCMN Contact:

Source: Reality Racing, Inc.

CONTACT: Kathy Itchkow, Director of Marketing & Promotions of Reality
Racing, Inc., +1-561-391-1064, kathy@realityracingtv.com; or Investors, David
Mehalick for Reality Racing, Inc., +1-724-625-0133,
steeltownconsultinggroup@yahoo.com

Web site: http://www.realityracingtv.com/

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Profile: International Entertainment