Reality Racing, Inc. Selects TV Contestants and Readies for Filming to Begin the end of January

BOCA RATON, Fla., Jan. 3, 2007 -- Reality Racing, Inc. (Trading OTC Pink Sheets: RRGI) announced today that the contestants to appear on Reality Racing -- The Rookie Challenge have been selected and notified following the final round of the contestant search held December 28 and 29, 2006 at Madeira High School, in Cincinnati, Ohio. Racing legends, Bobby Allison and Glenn Allen, Jr., participated on the judging panel to ensure that contestants appearing on the reality show have the necessary drive and passion to race professionally, should they win the series. The lucky few selected received a congratulatory phone call from Reality Racing, Inc., President Lee F. Schaefer on New Years Day.

Reality Racing -- The Rookie Challenge, a high octane reality TV show, will pit 16 amateur male and female drivers as they compete to turn their stockcar racing dreams into a reality. The new show will premiere on Spike TV on May 19, 2007 and run through August 18, 2007. Each 60-minute episode of the series will begin on Saturday mornings at 9:00 A.M. Eastern Time and will be telecast in the United States, its territories and possessions, including Puerto Rico and Canada. Filming will begin at the end of January and the ultimate winner of the thirteen episode series will take away a grand prize package worth an estimated $750,000 that includes, but is not limited to, a contract with a professional racing team, a sizable cash purse, national exposure and a gold championship ring.

More than 15,000 hopefuls applied to appear on the first season of Reality Racing -- The Rookie Challenge. Of those, only 200 received invitations to appear before the judging panel. Reality Racing, Inc. President, Lee F. Schaefer said, "We know this is the opportunity of a lifetime for many racing fans who dream of driving professionally. These hopefuls traveled from all over the country to try to follow in the footsteps of their racing idols. We were all very pleased with the level of enthusiasm displayed by the audition hopefuls and have selected the very best to participate in the first season of Reality Racing -- The Rookie Challenge."

Due to the accelerated shooting schedule, Skip Fredricks has stepped down as a member of the Reality Racing, Inc. Board of Directors to follow other career opportunities.