Motorsport Games Inc Stock Price, News & Analysis

Motorsport Games (NASDAQ: MSGM) reported significant milestones for its racing simulator game Le Mans Ultimate and RaceControl platform in June 2025. The company delivered major updates including Teams and Driver Swaps features, Custom Liveries for RaceControl Pro subscribers, and announced two free new cars.

The game achieved an all-time peak in concurrent players, generating revenue approximately 11 times faster than its previous title rFactor 2. RaceControl subscriptions saw a remarkable 148% growth in June 2025 compared to May. The company announced the game's full release (version 1.0) scheduled for July 22, 2025, and confirmed the addition of the European Le Mans Series, with a Career Mode planned for early 2026.

Motorsport Games (NASDAQ: MSGM) has announced that Le Mans Ultimate will exit Early Access and launch its full 1.0 release on July 22, 2025. The racing simulation game will introduce two major free additions: the Mercedes AMG LMGT3 Evo and Aston Martin Valkyrie AMR LMH, marking Mercedes' return to Le Mans competition since 1999. The update will include all official 2025 FIA WEC team liveries at no additional cost. Since its Early Access launch in February 2024, the game has received five major updates including RaceControl-powered online events, co-operative mode, broadcast overlays, and driver swaps. Studio 397 also revealed plans for a career mode launching in Q1 2026 and teased the addition of the European Le Mans Series featuring three new circuits and the LMP3 category.

Motorsport Games (NASDAQ: MSGM) has released a major update for Le Mans Ultimate, the official FIA World Endurance Championship game. The update introduces key features including online driver swaps for Special Events, team management system, and custom liveries. The driver swap functionality allows mid-race transitions in the pitlane, while the team management system enables players to form persistent teams with assigned roles. Custom liveries are available for RaceControl Pro and Pro+ subscribers. The update also includes Pack 4 of the 2024 Season Pass, featuring the Lusail International Circuit and new GT3 vehicles: Lamborghini Huracán LMGT3 Evo2 and Lexus RC F LMGT3. The game now includes 11 tracks with 21 layouts and 25 cars. Pack 5 is available for $12.99, with the Season Pass priced at $48.99.

Motorsport Games (NASDAQ: MSGM) reported its Q1 2025 financial results, showing a net income of $1.0 million ($0.33 per share) compared to a net loss of $1.7 million in Q1 2024. Despite revenue declining 41.9% to $1.8 million, the company improved its bottom line through cost reductions and settlements. The company recently secured $2.5 million through a private placement led by Pimax, increasing cash reserves to $3.1 million as of April 30, 2025.

The company's Le Mans Ultimate racing title is showing promise, with a significant update planned for June 10th. However, Motorsport Games continues to face liquidity challenges and expects net cash outflow from operations, leading them to explore additional funding options, strategic alternatives, and cost reduction initiatives.

Motorsport Games (NASDAQ: MSGM), a developer and publisher of racing games and esports ecosystem provider, has scheduled its Q1 2025 financial results announcement for Friday, May 9, 2025 after market close. The company will host a conference call and webcast at 5:00 p.m. ET on the same day.

Investors can access the webcast through the company's investor relations website at ir.motorsportgames.com under "Events". The webcast recording will remain available for 12 months after the call. Alternatively, participants can join via telephone by dialing 1-800-267-6316 or 1-203-518-9783 using Conference ID "MOTOR".

Motorsport Games (MSGM) has successfully regained compliance with Nasdaq's stockholders' equity requirement under Listing Rule 5550(b)(1). The gaming company, known for developing sim racing titles like Le Mans Ultimate, has demonstrated progress through recent initiatives including:

- A strategic investment from Pimax
- Launch of Le Mans Ultimate game
- Introduction of RaceControl subscription service
- Implementation of cost-control measures
- Team size optimization

CEO Stephen Hood views this compliance achievement as validation of the company's progress and believes these developments position MSGM to capitalize on market opportunities and enhance shareholder value.

Motorsport Games (MSGM) has secured a $2.5 million strategic investment through a private placement offering, led by virtual reality company Pimax Innovation Inc. The deal includes issuing 1,894,892 shares of Class A common stock and a pre-funded warrant for 377,836 shares at $0.0001 per share.

The purchase price was set at $1.10 per share, representing a 33% premium over the April 10, 2025 closing price. The investment will strengthen the company's cash position, fund working capital, and accelerate product development while helping regain Nasdaq compliance.

As part of the agreement, major investors will have the right to appoint a Class II director and a management team member. The partnership aims to enhance VR gaming experiences, particularly for MSGM's Le Mans Ultimate racing simulation title, by combining Pimax's VR hardware expertise with Motorsport Games' simulation capabilities.

Motorsport Games (MSGM) has secured a $2.5 million strategic investment through a private placement offering, led by virtual reality company Pimax. The deal includes issuing 1,894,892 shares of Class A common stock and a pre-funded warrant for 377,836 shares at $0.0001 per share. The purchase price of $1.10 per share represents a 33% premium over the April 10, 2025 closing price.

The investment, with $2.4 million already closed on April 11 and remaining $100,000 expected to close on April 15, will fund working capital, corporate expenses, and accelerate product development. The deal aims to help MSGM regain Nasdaq compliance and includes provisions for purchasers to appoint a Class II director and a management team member.

This strategic partnership combines MSGM's Le Mans Ultimate racing simulation expertise with Pimax's VR hardware leadership, focusing on enhancing immersive sim racing experiences.

Motorsport Games (NASDAQ: MSGM) reported its Q4 and full-year 2024 financial results, showing mixed performance. Q4 2024 revenue reached $2.0 million, up 13.0% from $1.7 million in Q4 2023, while gross profit decreased to $0.9 million with a margin of 45.8%. The company reported a Q4 net loss of $2.9 million.

Full-year 2024 revenue increased 25.7% to $8.7 million, driven by $3.0 million in sales from Le Mans Ultimate. The annual net loss improved to $3.0 million from $14.3 million in 2023. Gaming segment represented 100% of 2024 revenue.

As of December 31, 2024, cash and cash equivalents stood at $0.9 million, increasing to $1.2 million by February 2025. The company acknowledges insufficient funds to sustain operations over the next year and is exploring additional funding options, strategic alternatives, and cost reduction initiatives.