NASCAR Silicon Motor Speedway Supports 2005 NASCAR Day Program

Fans to Experience Racing Simulator Thrills with Special NASCAR Day 2005 Packages


INDIANAPOLIS, April 22, 2005 (PRIMEZONE) -- NASCAR Silicon Motor Speedway, leaders in providing fans with simulated racing experience, is offering special NASCAR Day discounted packages between now and May 20, as well as a chance to win a Les Paul guitar donated by Gibson Guitars and autographed by Richard Petty, Bobby Labonte, Rusty Wallace and Kasey Kahne, it was announced by William R. Donaldson, Chairman and CEO of Interactive Motorsports and Entertainment Corp. (OTCBB:IMTS). NSMS Racing Centers simulate the motions, sights and sounds of an actual NASCAR Nextel Cup Race. In addition to receiving a collectible lapel pin, NASCAR Day packages at participating NSMS Racing Centers include simulator rides where fans will actually feel the centrifugal force of a turn, as well as the acceleration and speed of an actual race. It is as real as it gets!

NASCAR Day, NASCAR's largest annual charity program, will be held Friday, May 20. Fans across the country will once again unite for a common goal. In exchange for a $5 donation to the 2005 NASCAR Day Designated Charities, fans, businesses and schools will be able to wear their favorite NASCAR gear to work that Friday. In addition, participants will receive a commemorative NASCAR Day 2005 lapel pin. This year, NASCAR Day will benefit three proud charities - Victory Junction Gang Camp, Speedway Children's Charities and Speediatrics.

"As one of NASCAR's exclusive licensees, we are proud to be a supporter of NASCAR Day and its worthy charities through this unique sweepstakes promotion," said Donaldson. "With the help of our employees, partners and customers, we hope to raise a meaningful amount of money for the charities, and we thank Gibson Guitars for their significant contribution to the promotion."

Fans have embraced NASCAR Day 2005 as a way to celebrate the NASCAR spirit and support related causes. With over 30,000 individuals and over 1,700 companies participating to date, NASCAR Day has found a permanent place in the hearts of the NASCAR community. Individuals and organizations can participate in NASCAR Day by visiting WWW.NASCAR.COM.

For more information on IMTS, visit www.SMSonline.com.

Forward-looking statements

Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, and the business prospects of Interactive Motorsports and Entertainment Corporation, are subject to a number of risks and uncertainties that may cause the Company's actual results in future periods to differ materially from the forward-looking statements. These risks and uncertainties include, among other things, the outlook of the economy and the effect on future revenues, access to and cost of capital, uncertainty of new product development, competition, and dependencies on updated technology and licenses and leases.


            

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