|   | x | Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
|--------|---|-----------------------------------------------------------------------------------------|

|   |  ̈ | Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
|--------|--------|------------------------------------------------------------------------------------------|

| Nevada                          | 98-0230423             |
|---------------------------------|------------------------|
| (State or other jurisdiction of | (I.R.S. Employer       |
| incorporation or organization)  | Identification Number) |

| 11100 W. 8th Avenue, Suite 200          |       |
|-----------------------------------------|------------|
| Lakewood, CO                            | 80215      |
| (Address of principal executive office) | (Zip Code) |

| Large accelerated filer       ̈           | Accelerated filer                                   ̈ |
|-----------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Non-accelerated filer         ̈ | Smaller reporting company                 x                                                                                                    |
| (Do not check if a smaller reporting company)                               |

----

|                                     | Page                                                                                                                              |
|------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------|
| PART I.  FINANCIAL INFORMATION |                                                                                                                              |
|                                     |                                                                                                                              |   |
| Item 1.                                  | Financial Statements (unaudited)                                                                                                  |   |
|                                     |                                                                                                                              |   |
|                                     | Balance Sheets – September 30, 2010 and December 31, 2009                                                                   | 3 |
|                                     |                                                                                                                              |   |
|                                     | Statements of Operations and Comprehensive Income (Loss) - for the three and nine months ended September 30, 2010 and 2009        | 4 |
|                                     |                                                                                                                              |   |
|                                     | StStatements of Changes in Stockholder’s Equity (Capital Deficit) – August 27, 2007 (Inception) to September 30, 2010 | 5 |
|                                     |                                                                                                                              |   |
|                                     | Statements of Cash Flows - for the nine months ended September 30, 2010 and 2009                                                  | 6 |
|                                     |                                                                                                                              |   |
|                                     | Notes to Unaudited Financial Statements                                                                                           | 7 |
|                                     |                                                                                                                              |   |
| Item 2.                                  | Management’s Discussion and Analysis of Principal Condition and Operations                                                  | 13 |
|                                     |                                                                                                                              |   |
| Item 3.                                  | Quantitative and Qualitative Disclosures About Market Risk                                                                        | 17 |
|                                     |                                                                                                                              |   |
| Item 4.                                  | Controls and Procedures                                                                                                           | 17 |
|                                     |                                                                                                                              |   |
| PART II.                                 | OTHER INFORMATION                                                                                                                 |    |
|                                     |                                                                                                                              |   |
| Item 1.                                  | Legal Proceedings                                                                                                                 | 18 |
|                                     |                                                                                                                              |   |
| Item 1A.                                 | Risk Factors                                                                                                                      | 18 |
|                                     |                                                                                                                              |   |
| Item 2.                                  | Unregistered Sales of Equity Securities and Use of Proceeds                                                                       | 18 |
|                                     |                                                                                                                              |   |
| Item 3.                                  | Defaults upon Senior Securities                                                                                                   | 18 |
|                                     |                                                                                                                              |   |
| Item 4.                                  | (REMOVED AND RESERVED)                                                                                                            | 18 |
|                                     |                                                                                                                              |   |
| Item 5.                                  | Other Information                                                                                                                 | 18 |
|                                     |                                                                                                                              |   |
| Item 6.                                  | Exhibits                                                                                                                          | 18 |
|                                     |                                                                                                                              |   |
| SIGNATURES                               | 19                                                                                                                                |

----

| MOTOR SPORT COUNTRY CLUB HOLDINGS, INC.                                               |   |                           |     |                        |   |   |
|---------------------------------------------------------------------------------------|--------|--------------------------------|----------|-----------------------------|--------|--------|
| (A DEVELOPMENT STAGE COMPANY)                                                         |   |                           |     |                        |   |   |
| BALANCE SHEET                                                                         |   |                           |     |                        |   |   |
| (Expressed in US Dollars)                                                             |   |                           |     |                        |   |   |
|                                                                                  |   | Sept 30, 2010 (UNAUDITED) |     | December 31, 2009 (AUDITED) |   |
|                                                                                  |   |                           |     |                        |   |   |
| ASSETS                                                                                |   |                           |     |                        |   |   |
|                                                                                  |   |                           |     |                        |   |   |
| CURRENT ASSETS                                                                        |   |                           |     |                        |   |   |
| Cash and cash equivalents                                                             |   | $                              | 54,036   |                        |   | $      | 57,723 |   |
|                                                                                  |   |                           |     |                        |   |   |   |   |
|                                                                                  |   |                           |     |                        |   |   |   |   |
| TOTAL ASSETS                                                                          |   |                           | 54,036   |                        |   |   | 57,723 |   |
|                                                                                  |   |                           |     |                        |   |   |   |   |
| CURRENT LIABILITIES                                                                   |   |                           |     |                        |   |   |   |   |
| Short-term loans from related parties                                                 |   | $                              | 223,321  |                        |   | $      | - |   |
| Deferred compensation payable                                                         |   |                           | 79,000   |                        |   |   | - |   |
| Credit cards payable - American Express                                               |   |                           | 75       |                        |   |   | - |   |
| Total current liabilities                                                             |   |                           | 302,396  |                        |   |   | - |   |
|                                                                                  |   |                           |     |                        |   |   |   |   |
| STOCKHOLDERS' EQUITY                                                                  |   |                           |     |                        |   |   |   |   |
| Common stock, $0.001 par value 75,000,000 shares authorized, 23,858,845 shares issued |   |
|  and outstanding as of Sept 30, 2010 and December 31, 2009                       |   |                           | 23,859   |                        |   |   | - |   |
| Member's Equity                                                                       |   |                           | -        |                        |   |   | 307,341 |   |
| Additional paid-in capital                                                            |   |                           | 451,160  |                        |   |   | - |   |
| Accumulated (deficit)                                                                 |   |                           | (723,379 | )                           |   |   | (249,618 | ) |
|                                                                                  |   |                           |     |                        |   |   |   |   |
|                                                                                  |   |                           |     |                        |   |   |   |   |
| Total stockholders' equity                                                            |   |                           | (248,360 | )                           |   |   | 57,723 |   |
|                                                                                  |   |                           |     |                        |   |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                            |   | $                              | 54,036   |                        |   | $      | 57,723 |   |
|                                                                                  |   |                           |     |                        |   |   |   |   |
| The accompanying notes are an integral part of the consolidated financial statements  |   |

----

| MOTOR SPORT COUNTRY CLUB HOLDINGS, INC.                                              |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |
|--------------------------------------------------------------------------------------|--------|-------------------------------|------------|--------|---------------------------|--------|------------|-----------------------------------|--------|--------|-------------------------|--------|--------|-----------------------|------------|
| (A DEVELOPMENT STAGE COMPANY)                                                        |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |
| STATEMENTS OF OPERATIONS                                                             |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |
| (Expressed in US Dollars, except share amounts)                                      |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |
|                                                                                 |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |
|                                                                                 |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |
|                                                                                 |   | For the three months ended    |       |   | For the nine months ended |   |       |  August 23, 2007 (INCEPTION) |   |
|                                                                                 |   | Sept 30,2010 (UNAUDITED) |       |   | Sept 30, 2009 (AUDITED)   |   |       | Sept 30, 2010 (UNAUDITED)    |   |   | Sept 30, 2009 (AUDITED) |   |   | through Sept 30, 2010 |       |
|                                                                                 |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |
| OPERATING EXPENSES                                                                   |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |
| Advertising and Promotion                                                            |   | $                             | (1,420     | )      |                      | $      | (2,539     | )                                 |   | $      | (39,609                 | )      |   | $                     | (22,642    | ) |   |   | (137,592 | ) |
| Land option expense                                                                  |   |                          | -          |   |                      |   | -          |                              |   |   | -                       |   |   |                  | -          |   |   |   | (15,000 | ) |
| Sales, general and administrative                                                    |   |                          | (3,290     | )      |                      |   | (1,012     | )                                 |   |   | (35,227                 | )      |   |                  | (5,721     | ) |   |   | (78,765 | ) |
| Compensation and Professional Fees                                                   |   |                          | (122,767   | )      |                      |   | (45,473    | )                                 |   |   | (398,951                | )      |   |                  | (48,131    | ) |   |   | (498,562 | ) |
|                                                                                 |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |   |   |   |   |   |
| OPERATING LOSS                                                                       |   |                          | (127,476   | )      |                      |   | (49,023    | )                                 |   |   | (473,788                | )      |   |                  | (76,494    | ) |   |   | (729,919 | ) |
|                                                                                 |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |   |   |   |   |   |
| LOSS FROM CONTINUING OPERATIONS                                                      |   |                          | (127,476   | )      |                      |   | (49,023    | )                                 |   |   | (473,788                | )      |   |                  | (76,494    | ) |   |   | (729,919 | ) |
|                                                                                 |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |   |   |   |   |   |
| NON-OPERATING INCOME (EXPENSE)                                                       |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |   |   |   |   |   |
| Interest income (expense)                                                            |   |                          | -          |   |                      |   | 62         |                              |   |   | 27                      |   |   |                  | 169        |   |   |   | 6,540 |   |
|                                                                                 |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |   |   |   |   |   |
|                                                                                 |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |   |   |   |   |   |
| Net Imcome (Loss)                                                                    |   | $                             | (127,476   | )      |                      | $      | (48,961    | )                                 |   | $      | (473,761                | )      |   | $                     | (76,325    | ) |   | $ | (723,379 | ) |
|                                                                                 |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |   |   |   |   |   |
|                                                                                 |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |   |   |   |   |   |
| BASIC LOSS PER SHARE                                                                 |   | $                             | (0.01      | )      |                      | $      | (0.00      | )                                 |   | $      | (0.03                   | )      |   | $                     | (0.01      | ) |   |   |   |   |
|                                                                                 |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |   |   |   |   |   |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING                                           |   |                          | 23,858,845 |   |                      |   | 10,558,836 |                              |   |   | 17,208,841              |   |   |                  | 10,558,836 |   |   |   |   |   |
|                                                                                 |   |                          |       |   |                      |   |       |                              |   |   |                    |   |   |                  |       |   |   |   |   |   |
| The accompanying notes are an integral part of the consolidated financial statements |   |

----

| MOTOR SPORT COUNTRY CLUB HOLDINGS, INC.                                              |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |
|--------------------------------------------------------------------------------------|--------|-------------------------------|------------|--------|---------------------------|--------|----------|--------------|--------|--------|-----------------|--------|--------|-------------|--------|--------|-------------|--------|---------|
| (A DEVELOPMENT STAGE COMPANY)                                                        |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |
| STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY                                         |   |                          |       |   |                      |   |     |         |   |   |            |   |   |
| (Expressed in US Dollars, except share amounts)                                      |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   | Deficit     |   |    |   |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   | Accumulated |   |    |   |   |
|                                                                                 |   | Motor Sport Country Club, LLC |       |   | Victoria Industries, Inc. |   |     | Additional   |   |   | During the      |   |   |        |   |
|                                                                                 |   | Member Capital                |       |   | Member Capital            |   |     | Common Stock |   |   | Paid-in capital |   |   | Development |   |   |        |   |
|                                                                                 |   | Contributions                 |       |   | Distributions             |   |     | Shares       |   |   | Amount          |   |   | Par Value   |   |   | Stage       |   |    | Total |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |
|  Inception, August 23, 2007                                                     |   | $                             | -          |   |                      | $      | -        |         |   |   | -               |   |   | $           | -      |   |        | $      | -       |   |   | $ | - |   |   | $ | - |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Contributions                                                                  |   |                          | 310,895    |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   | 310,895 |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Distributions                                                                  |   |                          |       |   |                      |   | (63,073  | )            |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   | (63,073 | ) |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Net loss for period                                                            |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   | (76,805 | ) |   |   | (76,805 | ) |
|  Balance - December 31, 2007                                                    |   |                          | 310,895    |   |                      |   | (63,073  | )            |   |   | -               |   |   |        | -      |   |        |   | -       |   |   |   | (76,805 | ) |   |   | 171,017 |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Contributions                                                                  |   |                          | 125,960    |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   | 125,960 |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Distributions                                                                  |   |                          |       |   |                      |   | (178,146 | )            |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   | (178,146 | ) |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Net loss for the year                                                          |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   | (93,283 | ) |   |   | (93,283 | ) |
|  Balance - December 31, 2008                                                    |   |                          | 436,855    |   |                      |   | (241,219 | )            |   |   | -               |   |   |        | -      |   |        |   | -       |   |   |   | (170,088 | ) |   |   | 25,548 |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Contributions                                                                  |   |                          | 418,316    |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   | 418,316 |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Distributions                                                                  |   |                          |       |   |                      |   | (306,611 | )            |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   | (306,611 | ) |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Net loss for the year                                                          |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   | (79,530 | ) |   |   | (79,530 | ) |
|  Balance - December 31, 2009                                                    |   |                          | 855,171    |   |                      |   | (547,830 | )            |   |   | -               |   |   |        | -      |   |        |   | -       |   |   |   | (249,618 | ) |   |   | 57,723 |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Contributions                                                                  |   |                          | 181,256    |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   | 181,256 |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Distributions                                                                  |   |                          |       |   |                      |   | (20,386  | )            |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   | (20,386 | ) |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Net loss for period                                                            |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   | (145,976 | ) |   |   | (145,976 | ) |
|  Balance - March 31, 2010                                                       |   |                          | 1,036,427  |   |                      |   | (568,216 | )            |   |   | -               |   |   |        | -      |   |        |   | -       |   |   |   | (395,594 | ) |   |   | 72,617 |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
| Effect of reverse merger                                                             |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |
| with Victoria Industries,                                                            |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |
| Inc., the "legal" acquirer,                                                          |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |
|    on May 17, 2010                                                    |   |                          | (1,036,427 | )      |                      |   | 568,216  |         |   |   | 23,858,845      |   |   |        | 23,859 |   |        |   | 451,160 |   |   |   | 145,976 |   |   |   | 152,784 |   |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
|  Net loss for period                                                            |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   | (473,761 | ) |   |   | (473,761 | ) |
|  Balances - September 30, 2010                                                  |   | $                             | -          |   |                      | $      | -        |         |   |   | 23,858,845      |   |   | $           | 23,859 |   |        | $      | 451,160 |   |   | $ | (723,379 | ) |   | $ | (248,360 | ) |
|                                                                                 |   |                          |       |   |                      |   |     |         |   |   |            |   |   |        |   |   |        |   |    |   |   |   |   |   |   |   |   |   |
| The accompanying notes are an integral part of the consolidated financial statements |   |

----

| MOTOR SPORT COUNTRY CLUB HOLDINGS, INC.                                                          |   |                           |     |                    |                |                |    |            |   |
|--------------------------------------------------------------------------------------------------|--------|--------------------------------|----------|-------------------------|---------------------|---------------------|---------|-----------------|--------|
| (A DEVELOPMENT STAGE COMPANY)                                                                    |   |                           |     |                    |                |                |    |            |   |
| STATEMENTS OF CASH FLOWS                                                                         |   |                           |     |                    |                |                |    |            |   |
| (Expressed in US Dollars)                                                                        |   |                           |     |                    |                |                |    |            |   |
|                                                                                             |   |                           |     |                    |                |                |    |            |   |
|                                                                                             |   |                           |     |                    |                |                |    | August 23, 2007 |   |
|                                                                                             |   | For the nine months ended      |     |                    | (INCEPTION) through |                |
|                                                                                             |   | Sept 30, 2010 (UNAUDITED) |     | Sept 30, 2009 (AUDITED) |                |  Sept 30, 2010 |    |
|                                                                                             |   |                           |     |                    |                |                |    |            |   |
| CASH FLOWS FROM OPERATING ACTIVITIES                                                             |   |                           |     |                    |                |                |    |            |   |
| Net income (loss)                                                                                |   | $                              | (473,761 | )                       |                | $                   | (76,325 | )               |   | $ | (723,379 | ) |
| Adjustments to reconcile net loss from continuing operations to net cash in operating activities |   |
| Contributed capital by former majority shareholder in debt forgiveness                           |   |                           | 101,746  |                    |                |                | -       |            |   |   | - |   |
| Changes in current assets and liabilities:                                                       |   |                           |     |                    |                |                |    |            |   |   |   |   |
| Increase (decrease) in accounts payable                                                          |   |                           | 200,650  |                    |                |                | 18,714  |            |   |   | 302,396 |   |
| Cash used in operating activities of continuing operations                                       |   |                           | (171,365 | )                       |                |                | (57,612 | )               |   |   | (420,983 | ) |
|                                                                                             |   |                           |     |                    |                |                |    |            |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES                                                             |   |                           |     |                    |                |                |    |            |   |   |   |   |
| Net cash investment by sole member prior to public merger on 5/17/10                             |   |                           | 225,400  |                    |                |                | 149,823 |            |   |   | 475,018 |   |
| Cash provided by financing activities                                                            |   |                           | 225,400  |                    |                |                | 149,823 |            |   |   | 475,018 |   |
|                                                                                             |   |                           |     |                    |                |                |    |            |   |   |   |   |
| INCREASE (DECREASE) IN CASH:                                                                     |   |                           | 54,035   |                    |                |                | 92,212  |            |   |   | 54,035 |   |
| CASH, at the beginning of the period                                                             |   |                           | -        |                    |                |                | 25,548  |            |   |   | - |   |
|                                                                                             |   |                           |     |                    |                |                |    |            |   |   |   |   |
| CASH, at the end of the period                                                                   |   | $                              | 54,035   |                    |                | $                   | 117,760 |            |   | $ | 54,035 |   |
|                                                                                             |   |                           |     |                    |                |                |    |            |   |   |   |   |
|                                                                                             |   |                           |     |                    |                |                |    |            |   |   |   |   |
|                                                                                             |   |                           |     |                    |                |                |    |            |   |   |   |   |
|                                                                                             |   |                           |     |                    |                |                |    |            |   |   |   |   |
| The accompanying notes are an integral part of the consolidated financial statements             |   |                           |     |                    |                |

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| · | Initiation fees and annual dues – Rather than having to wait for a track event being organized by a car club, track time will be available to be booked online or via a call to the track concierge. Members will essentially have unlimited track time. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Non-member track rentals – Non-member track rental will be available but will be very limited. |
|--------|------------------------------------------------------------------------------------------------------|

| · | Garage rental and sales – A number of members will have dedicated track cars that they will opt to leave at the club. Many race teams need to rent garage space to service their cars and for storage. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Residence rentals and sales – Members and their guests will likely stay at the resort for several days. A residence club is planned to accommodate their needs. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Other sources – Revenue will include sales generated by the driving school, service garage, pro shop, restaurants, and lodging. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------|

| · | Land sales – The Company has planned more than 1,000 acres designated for home sites, and an exclusive residential community. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------|

| · | Events – The Company anticipates that the club will bring in a major series event, as well as automobile manufacturers having launch events. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------|

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| · | Initiation fees and annual dues – Rather than having to wait for a track event being organized by a car club, track time will be available to be booked online or via a call to the track concierge. Members will essentially have unlimited track time |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Non-member track rentals – Non-member track rental will be available but will be very limited. |
|--------|------------------------------------------------------------------------------------------------------|

| · | Garage rental and sales – A number of members will have dedicated track cars that they will opt to leave at the club. Many race teams need to rent garage space to service their cars and for storage. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Residence rentals and sales – Members and their guests will likely stay at the resort for several days. A residence club is planned to accommodate their needs. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Other sources – Revenue will include sales generated by the driving school, service garage, pro shop, restaurants, and lodging. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------|

| · | Land sales – The Company has planned more than 1,000 acres designated for home sites, and an exclusive residential community. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------|

| · | Events – The Company anticipates that the club will bring in a major series event, as well as automobile manufacturers having launch events. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------|

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| Number |   | Description                                                                                                                                           |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1   |   | Certification as Adopted Pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002 by Chief Executive Officer.                                     |
|   |   |                                                                                                                                                  |
| 32.1   |   | Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of2002 by the Chief Executive Officer. |

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|                     | MOTOR SPORT COUNTRY CLUB HOLDINGS, INC. |                           |
|--------------------------|-----------------------------------------|--------------------------------|
|                     |                                    |                           |   |
| Dated: November 15, 2010 | By:                                     | /s/ Claus Wagner               |   |
|                     |                                    | Name: Claus Wagner             |   |
|                     |                                    | Title: Chief Executive Officer |   |
|                     |                                    |                           |   |