diff --git a/formula/python-2.7.4rc1 b/formula/python-2.7.4rc1
new file mode 100755
index 0000000..4ea3bbc
--- /dev/null
+++ b/formula/python-2.7.4rc1
@@ -0,0 +1,21 @@
+#!/usr/bin/env bash
+# Options: <output-dir>
+
+OUT_PREFIX=$1
+
+echo "Building SQLite..."
+./parts/sqlite $OUT_PREFIX
+
+echo "Building Python..."
+SOURCE_TARBALL='http://www.python.org/ftp/python/2.7.4/Python-2.7.4rc1.tar.bz2'
+curl $SOURCE_TARBALL | tar jx
+mv Python-2.7.4rc1 src
+cd src
+
+./configure --prefix=$OUT_PREFIX
+make
+make install
+
+cd ..
+rm -fr src
+ln $OUT_PREFIX/bin/python $OUT_PREFIX/bin/python2
\ No newline at end of file