World Racing Group Q3 2007 Earnings Press Release and Management Changes Announcement

Contact: DIRT MotorSports d/b/a World Racing Group

Brian Carter, Chief Executive Officer

Chris Dolack, VP Public Relations

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CONCORD, N.C. - BUSINESS WIRE - November 15, 2007 - DIRT Motor Sports, Inc. d/b/a The World Racing Group (OTCBB: DMSP) announced today that it has filed its quarterly report for the three and nine month periods ending September 30, 2007.

Some of the Company's financial achievements through September 30, 2007, which are qualified in their entirety by the financial statements included in the Company's quarterly report on Form 10QSB which can be found at www.sec.gov:

• Revenue increase of 32% to $8.1 million from $6.1 million
• Decrease of operating loss before non-cash stock compensation and depreciation of 44% to $1.4 million from $2.6 million
• Operating loss decrease of 35% to $2.2 million from $3.4 million
• Decrease in net loss by 31% to $2.4 million from $3.5 million

• Revenue increase of 36% to $16.7 million from $12.3 million
• Decrease of operating loss before non-cash stock compensation and depreciation of 33% to $5.4 million from $8.1 million
• Operating loss decrease of 30% to $7.5 million from $10.8 million
• Decrease in net loss by 54% to $8.6 million from $18.8 million

Additionally, the Company announced today a more streamlined executive management team. Brian Carter, will serve as the Company's Chief Executive Officer and Chief Financial Officer, Tom Deery will serve as President and Chief Operating Officer and Ben Geisler will serve as Chief Marketing Officer.

"The skills of each member of the management team have been aligned with the critical areas for success in 2008. Tom's vast experience, both managing NASCAR's weekly series and regional touring and his long history in track operations makes him the perfect person to manage the operations of our business," said Mr. Carter. "Ben's experience in managing and placing over $100 million in sponsorship and activation spending in his previous role with Next Marketing and his involvement with the operations of the business for the past couple seasons makes him very well suited to effectively attract and retain long term marketing partners."

Carter concluded with, "I am confident that all aspects of our business will thrive under the new management structure. I expect that the improvements made in 2007 will accelerate in 2008, building on the measurable growth in our racing and event operations and stronger growth in our sponsorship and advertising revenues. The continued revenue growth and decreases in our operating losses in the third quarter, in spite of spending $1.4 million on our television programming and production costs are very encouraging as we look forward to 2008."

Based in Concord, N.C., World Racing Group (WRG) is a national sanctioning body, real-estate operator, and sports entertainment company serving the dirt racing industry.  WRG sanctions sprint car racing under the World of Outlaws® banner, late model racing under the World of Outlaws Late Model Series(SM), big block modified racing under the Advance Auto Parts Super DIRTcar Series™ banner and sanctions more than 4,000-races a year under the DIRTcar™ Racing banner.  In addition, WRG owns and operates seven speedways. To learn more about World Racing Group, visit worldracinggroup.com.

This release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are economic, competitive and other factors effecting the company's operations, events and markets, as well as other factors detailed in the company's filings with the Securities and Exchange Commission, which can be found at www.sec.gov.

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