**EXHIBIT
        31.1**
  **OFFICER’S
        CERTIFICATE**
 **PURSUANT
        TO SECTION 302***
   I,
        A.
        Robert Koveleski, President and Chief Executive Officer, certify
        that:
  1.  I
        have
        reviewed this Annual Report on Form 10-KSB (the “Annual Report”) for the fiscal
        year ended December 31, 2006 of American Racing Capital, Inc.;
  2.  Based
        on
        my knowledge, this Annual Report does not contain any untrue statement of
        a
        material fact or omit to state a material fact necessary to make the statements
        made, in light of the circumstances under which such statements were made,
        not
        misleading with respect to the period covered by this Annual
        Report;
  3.  Based
        on
        my knowledge, the financial statements, and other financial information included
        in this Annual Report, fairly present in all material respects the financial
        condition, results of operations and cash flows of the Registrant as of,
        and
        for, the periods presented in this Annual Report;
  4.  The
        Registrant’s other certifying officer(s) and I are responsible for establishing
        and maintaining disclosure controls and procedures (as defined in Exchange
        Act
        Rules 13a-15(e) and 15d-15 (e)) for the Registrant and have:
  (a)  Designed
        such disclosure controls and procedures, or caused such disclosure controls
        and
        procedures to be designed under our supervision, to ensure that material
        information relating to the Registrant, including its consolidated subsidiaries,
        is made known to us by others within those entities, particularly during
        the
        period in which this Annual Report is being prepared;
  (b)  Intentionally
        Omitted;
  (c)  Evaluated
        the effectiveness of the Registrant’s disclosure controls and procedures and
        presented in this Annual Report our conclusions about the effectiveness of
        the
        disclosure controls and procedures, as of the end of the period covered by
        this
        Annual Report based on such evaluation; and
  (d)  Disclosed
        in this Annual Report any change in the Registrant’s internal control over
        financial reporting that occurred during the Registrant’s most recent fiscal
        quarter that has materially affected, or is reasonably likely to materially
        affect, the Registrant’s internal control over financial reporting;
        and
  5.  The
        Registrant’s other certifying officer(s) and I have disclosed, based on our most
        recent evaluation of internal control over financial reporting, to the
        Registrant’s auditors and the audit committee of the Registrant’s Board of
        Directors (or persons performing the equivalent functions):
  (a)  All
        significant deficiencies and material weaknesses in the design or operation
        of
        internal control over financial reporting which are reasonably likely to
        adversely affect the Registrant’s ability to record, process, summarize and
        report financial information; and
  (b)  Any
        fraud, whether or not material, that involves management or other employees
        who
        have a significant role in the Registrant’s internal control over financial
        reporting.
  Date:March
                  15, 2007
              By:
              */s/
                  A. Robert Koveleski*Name:
              A.
                  Robert KoveleskiTitle:
              President,
                  Chief Executive Officer, Interim
                Chief
                  Financial Officer, and Principal Accounting
                Officer
  The
        introductory paragraph of the Section 302 certification that refers to the
        certifying officers’ responsibility for establishing and maintaining internal
        control over financial reporting for the company, as well as paragraph 4(b),
        have been omitted in accordance with Releases No. 33-8618 and 34-52492
        (September 22, 2005) because the compliance period has been extended for
        small
        business issuers until the first fiscal year ending on or after July 15,
        2007.
  EXHIBIT
        31.1-1