DALE JARRETT RACING ADVENTURE INC - Recent Material Event

2 Item 4.01 Changes in Registrant's Certifying Accountant (a)(1) On December 14, 2009, Dale Jarrett Racing Adventure, Inc. changed accountants from Stark Winter Schenkein & Co., LLP. to Kingery and Crouse PA. (i) On December 14, 2009, the Registrant decided to dismiss Stark Winter Schenkein & Co., LLP as its independent accountants. (ii) SWS's report on the financial statements for the past two years ended December 31, 2008, were not subject to an adverse or qualified opinion or a disclaimer of opinion and were not modified as to uncertainty, audit scope or accounting principles except that SWS's report on the financial statements as of December 31, 2007 and 2008, and each of the years then ended contained explanatory language that substantial doubt existed about the Registrant's ability to continue as a going concern due to the Registrant's net loss and its working capital deficiencies for each of these years. (iii)The decision to change accountants was approved by the Registrant's Board of Directors; and (iv) During the period from our engagement of SWS on September 6, 2004 to the date we dismissed SWS on December 14, 2009, there were no disagreements with SWS related to accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements if not resolved to the satisfaction of SWS, would have caused SWS to make reference to the subject matter of the disagreement in connection with its report. (2) On December 14, 2009, the Registrant engaged Kingery and Crouse PA as its independent accountants. (i) Not Applicable (ii) Not applicable (3) The Registrant has provided to SWS, its former accountant, a copy of the disclosures contained in this Item 4 and the Registrant has requested a letter from SWS addressed to the Commission, confirming certain statements made by the Registrant in this Item 4.01. A copy of this letter is attached hereto. (b) Not applicable Item 9.01 Financial Statements and Exhibits Exhibit 16 Letter from SWS 3 SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. Dale Jarrett Racing Adventure, Inc. DATED: December 29, 2009 /s/Timothy B. Shannon -------------------------------- President, Chief Executive Officer </TEXT> </DOCUMENT>