Welcome to our dedicated page for Motorsport Games news (Ticker: MSGM), a resource for investors and traders seeking the latest updates and insights on Motorsport Games stock.
Motorsport Games Inc (MSGM) delivers authentic racing simulations and esports experiences through officially licensed video games. This news hub provides investors and enthusiasts with timely updates on company developments across gaming and competitive motorsport ecosystems.
Access curated press releases and financial announcements including quarterly earnings, strategic partnerships, and new game launches. Stay informed about esports tournament developments, licensing agreements with motorsport series, and technological advancements in racing simulation.
Our continuously updated feed serves as your primary source for understanding MSGM's market position in the interactive entertainment sector. Discover how the company bridges professional motorsport with digital gaming through its unique blend of authentic racing physics and competitive esports platforms.
Bookmark this page for direct access to official Motorsport Games Inc announcements, ensuring you never miss critical updates about this innovative player in simulation gaming and digital motorsport experiences.
Adam Breeden, known for his success in competitive socialising, has announced an ambitious project to launch immersive F1 racing simulation experiences through a global partnership with Formula 1. This venture will see up to 30 venues worldwide over five years, starting with a location in London by Q4 2022. Kindred Concepts, Breeden's new company, aims to offer top-notch hospitality and entertainment using advanced racing simulators developed in collaboration with Motorsport Games, enhancing the F1 experience for fans and newcomers alike.
Motorsport Games (NASDAQ: MSGM) has announced the release of its first quarterly rFactor 2 content update for 2022. This update features new tracks and car chassis, enhancing user experience with a refreshed interface. The updates aim to improve the rFactor 2 simulation platform, which is being integrated into live esports events. The company plans to continue releasing quarterly updates throughout 2022, set for May, August, and November. This ongoing commitment is expected to elevate Motorsport Games offerings, keeping it competitive in the racing game market.
Motorsport Games (NASDAQ: MSGM) announces its inaugural virtual esports event, the 2022 INDYCAR-Motorsport Games Pro Challenge, set for February 9, 2022. This follows their exclusive partnership with INDYCAR established in July 2021. The event features top NTT INDYCAR SERIES drivers, including reigning champion Alex Palou. Viewers can tune in at 6 p.m. EST, with races featuring various heats and a charity prize pool totaling $23,500. Additionally, a new INDYCAR game is expected to launch in 2023, marking a significant milestone for fans of motorsport gaming.
Motorsport Games Inc. (NASDAQ: MSGM) has officially launched KartKraft, a highly-anticipated kart racing simulator on PC via Steam, after being in 'Early Access' since November 2018. The full release introduces online multiplayer, enhanced customization with 8 licensed manufacturers, and 7 laser-scanned circuits, including Whilton Mill. Developed by Motorsport Games Australia, the game aims to continually evolve with further updates. Priced at $39.99, KartKraft marks a significant milestone in Motorsport Games’ aggressive growth strategy in the racing game sector.
The 2021-22 Le Mans Virtual Series concluded with over 81 million viewers, showcasing its popularity in esports. Held on January 15-16, 2022, the event featured 50 cars and 200 drivers from 39 countries, including racing icons like Max Verstappen. The competition saw significant digital engagement, with 360,000 hours of content consumed and 30.2 million social media impressions. The winning team, Realteam Hydrogen Redline, completed 407 laps. This success reaffirms Le Mans Virtual Series' position as a leader in esports and sim racing.
Motorsport Games has expanded its technical partnership with Live Fast Motorsports, enhancing its access to NASCAR's real-life racing environments for game development. This partnership aims to improve the realism of its NASCAR video game franchise by incorporating real-time data from the racing team into NASCAR 21: Ignition and future titles. The collaboration promises to provide players with an authentic driving experience, leveraging insights from professional stock car driving throughout the 2022 racing season.
Motorsport Games will broadcast the finale of the Le Mans Virtual Series on January 15-16, 2022. Major broadcasters like Motor Trend and Eurosport will reach millions globally, featuring a two-day eRacing event with 200 drivers from 39 countries. Coverage includes multiple OTT platforms and social media, promising extensive visibility. The event has a total prize fund of USD 250,000, highlighting its significance in the esports domain.
Motorsport Games (NASDAQ: MSGM) announced that CEO Dmitry Kozko and CFO Jon New will present at the 24th Annual Needham Virtual Growth Conference on January 13, 2022, at 1:15 PM ET. The presentation will be accessible via a live webcast on the Motorsport Games Investor Relations site. Motorsport Games is a leading developer and publisher of racing video games and esports, holding licenses for top motorsport series like NASCAR and INDYCAR. The company focuses on engaging gaming experiences for racing fans across various platforms.
The entry list for the 24 Hours of Le Mans Virtual, organized by Motorsport Games (NASDAQ: MSGM), features a stellar lineup, including Max Verstappen, Alex Palou, and Juan Pablo Montoya, among others. Scheduled for January 15-16, 2022, this online event will merge real-world racers with top esports competitors, showcasing over 200 drivers and competing for championship titles and prize money. Notably, female competitors from the W Series will also participate, enhancing the event's diversity.
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