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. (NASDAQ: MSGM) is a racing game developer, publisher and esports ecosystem provider focused on official motorsport racing series. The news flow around the company centers on its flagship simulation Le Mans Ultimate, financial performance, investor events and corporate actions disclosed through press releases and SEC filings.
Recent news highlights include the progression of Le Mans Ultimate from Early Access to Version 1.0 and beyond, with updates that add new cars, such as the Aston Martin Valkyrie AMR LMH and Mercedes AMG LMGT3, updated 2025 content, and expanded features. Subsequent releases describe major patches like Versions 1.1 and 1.2, which introduce European Le Mans Series content, additional circuits including Silverstone and Circuit Paul Ricard, and new LMP3 race cars. The company also reports on physics overhauls, online competition refinements, safety and anti-cheat systems, and new online championship formats.
Investors following MSGM news will also see quarterly earnings announcements, where Motorsport Games discusses revenue trends, net income, Adjusted EBITDA and cash flow, often linking performance to the commercial trajectory of Le Mans Ultimate and related downloadable content. Other items include notices about upcoming earnings calls, participation in investor conferences, and updates on capital-raising transactions and shareholder meetings.
This news page aggregates these developments so readers can review product updates, esports initiatives, financial results and governance disclosures in one place. For those tracking MSGM, it provides a way to monitor how Motorsport Games’ racing titles, partnerships and corporate decisions evolve over time.
Motorsport Games (NASDAQ: MSGM) announced that two of its popular games, NASCAR 21: Ignition and KartKraft, are now available on GeForce NOW, NVIDIA's cloud gaming service. This launch allows gamers to experience these titles on various devices, including certain Samsung TVs, without needing a console. CEO Dmitry Kozko emphasized the company's goal to enhance accessibility in gaming. The addition marks KartKraft's debut on a platform other than PC, broadening its audience reach.
Motorsport Games announced the return of the Le Mans Virtual Series this September, featuring a $250,000 prize fund and flexible regulations for pro drivers. The five-round series will take place online, culminating in the 24 Hours of Le Mans Virtual. Last year's series attracted over 81 million viewers, showcasing elite drivers and teams. New to this year's calendar is the 8 Hours of Bahrain on September 17, 2022, alongside iconic racetracks like Monza and Spa. The series aims to blend real and simulated racing, engaging a younger audience.
Motorsport Games (NASDAQ: MSGM) has announced an update on their promotional plan concerning the upcoming British Touring Car Championship (BTCC) official game, set for release in 2024. The company is enhancing development efforts to improve the user experience and product differentiation within the racing games market. Fans will have opportunities to engage with the game through activations and tech demos during selected BTCC events in 2022 and early 2023, providing feedback to the developers. Further content and competitions will roll out via the rFactor 2 platform.
Motorsport Games (NASDAQ: MSGM) will participate in the H.C. Wainwright Global Investment Conference on May 24, 2022. CEO Dmitry Kozko is scheduled to present at 10:00 a.m. ET. Interested individuals can access a live webcast of the presentation via the Motorsport Games Investor Relations site, with a replay available for a year. The company, a leading developer and publisher of racing games, offers titles based on various official motorsport series, including NASCAR and INDYCAR. More information can be found on their official website.
Motorsport Games reported Q1 2022 revenues of $3.3 million, a 34% increase from Q1 2021's $2.5 million. Key achievements included the launch of the KartKraft racing simulation and a successful 24 Hours of Le Mans Virtual esports event, attracting over 81 million fans. Despite revenue growth, the company faced a net loss of $16 million due to a $9.3 million non-cash write-down of goodwill and intangible assets. The company is exploring funding options to address liquidity needs as it anticipates ongoing negative cash flows.
Motorsport Games (NASDAQ: MSGM) announced participation in the 17th Annual Needham Technology & Media Conference on May 19, 2022. CEO Dmitry Kozko will host a fireside chat at 8:00 a.m. ET, accessible via a live webcast on the company’s Investor Relations site. A replay will be available for one year. Motorsport Games is a premier developer and publisher of motorsport video games, holding licenses for renowned series like NASCAR and INDYCAR. The company also excels in esports, partnering with events like 24 Hours of Le Mans.
Motorsport Games, Inc. (NASDAQ: MSGM) will report its financial results for Q1 2022 on May 16, 2022, after the market closes. A conference call and webcast are scheduled for the same day at 5:00 p.m. ET to discuss the results. Motorsport Games is a leading developer and publisher in the racing game sector and an esports ecosystem provider, creating official licensed video games for renowned motorsport series such as NASCAR and INDYCAR, across various platforms.
Motorsport Games (NASDAQ: MSGM) reported Q4 and fiscal 2021 results, showcasing a 180% revenue increase to $8.2 million, driven by the launches of NASCAR 21: Ignition and NASCAR Heat Ultimate Edition+ for Nintendo Switch. Despite gains, the company faced a net loss of $7.0 million, up from $3.0 million a year prior, attributed to higher operating costs. Total revenue for 2021 was $15.1 million, down from $19.0 million in 2020. The company anticipates ongoing losses and may seek additional financing to address liquidity challenges amid an expansive product roadmap and operational adaptations to current geopolitical tensions.
Motorsport Games has extended its partnership with Formula E, becoming the official sim racing platform for the all-electric motorsport series. The integration into rFactor 2 will include updates reflecting Season 8 drivers and teams, allowing players to race on iconic circuits. This partnership aims to enhance esports events and fan engagement through the new Accelerate esports series, powered by rFactor 2. The Formula E update is now live, elevating fan experiences across global venues.
Motorsport Games (NASDAQ: MSGM) has appointed former Formula One driver Romain Grosjean as a technical advisor to enhance its rFactor 2 simulation platform and esports events. Grosjean will participate in four technical test sessions, providing expertise to improve the platform and consult on major esports events like the Le Mans Virtual Series and the INDYCAR-Motorsport Games Pro Challenge. His involvement is expected to strengthen Motorsport Games' offerings in the growing esports market.