Motorsport Games Inc Stock Price, News & Analysis

Motorsport Games has officially launched NASCAR Heat Ultimate Edition+ for Nintendo Switch on November 19, 2021, marking the first NASCAR game on this console. This edition features the 2020 NASCAR season along with the 2021 NASCAR Cup Series cars and customized gameplay options. Players can race on 39 authentic tracks and enjoy various modes such as Career Mode and Online Challenge Mode. CEO Dmitry Kozko expressed excitement over reaching a new audience, while NASCAR's Managing Director highlighted the game’s potential to introduce NASCAR to a broader community.

The 8 Hours of Nürburgring will take place on November 13, 2021, as part of the Le Mans Virtual Series, featuring 114 professional drivers across 38 entries.

This challenging 21 km circuit is known for its complexity, promising an exciting race. The event showcases top race teams, including notable drivers like Jenson Button and Felix Rosenqvist. The live coverage begins at 7:30 AM ET, with full details available through the provided links.

As part of a five-round series, this event has a total prize fund of $250,000 culminating in the prestigious 24 Hours of Le Mans Virtual.

Motorsport Games (NASDAQ: MSGM) reported Q3 2021 financial results with revenues of $2.1 million, down 77% from $9.0 million in Q3 2020. This decline was attributed to the absence of new game releases in the quarter. The firm launched NASCAR 21: Ignition on October 28, 2021, and plans to release NASCAR Heat Ultimate Edition+ for Nintendo Switch on November 19, 2021. Net loss amounted to $6.7 million, or $0.56 per share, versus a profit of $2.6 million in the prior year. The company anticipates full-year 2021 revenues of approximately $20.5 million and an Adjusted EBITDA loss of around $12 million.

Motorsport Games has officially launched NASCAR 21: Ignition, available for PlayStation, Xbox, and PC. This latest installment promises the most authentic NASCAR experience yet, featuring a free upgrade path for next-gen consoles. Players can choose between Standard and Champions Editions, with the latter offering exclusive content, including playable character Bill Elliott and a season pass for additional drivers and paint schemes. The game utilizes the Unreal Engine and rFactor physics for realistic gameplay, immersing players in the 2021 NASCAR Cup Series.

Motorsport Games Inc. (NASDAQ: MSGM) will announce its third quarter financial results on November 4, 2021, after market close. A conference call will follow at 5:00 p.m. ET to discuss these results. Investors can access the live webcast through the company’s Investor Relations website. Motorsport Games is a leader in video game development for motorsport series, including NASCAR and INDYCAR, and is also known for its esports competitions. The company’s focus on engaging content and partnerships with major racing series positions it well within the gaming and esports market.

Motorsport Games, a leading developer of racing games, announced the release of NASCAR Heat Ultimate Edition+ for Nintendo Switch, set for November 19, 2021. Pre-orders opened on October 15, 2021. This edition features the 2021 NASCAR Cup Series, including cars, drivers, and paint schemes, alongside the existing content from NASCAR Heat 5 Ultimate Edition. The game will offer enhanced modes such as Career Mode with improved stat tracking and online racing for up to 16 players. CEO Dmitry Kozko expressed excitement about expanding the game to a new platform.

Motorsport Games (NASDAQ: MSGM) announces the start of the 2nd stage of the Le Mans Virtual Series, the 6 Hours of Spa Virtual, on October 16, 2021, at 7:30 a.m. EDT. Following a successful first round with over 2.6 million impressions, the event will feature 38 entries racing on a renowned Belgian circuit. The series, a collaboration with the Automobile Club de l’Ouest, includes five rounds, culminating in the 24 Hours of Le Mans Virtual in January 2022.

Motorsport Games (NASDAQ: MSGM) announced the full entry list for the 2021-22 Endurance Esports Championship, featuring 177 drivers across 38 teams. This season includes renowned racers like Jenson Button and Bruno Senna, as well as young talents such as Liam Lawson. The series consists of five rounds, culminating in the 24 Hours of Le Mans Virtual on January 15-16, 2022. Supported by major brands like Thrustmaster and Rolex, the championship offers a prize fund of $250,000 and aims to deliver exciting competitive events for esports fans worldwide.

Motorsport Games (NASDAQ: MSGM) will feature CEO Dmitry Kozko, President Stephen Hood, and CFO Jonathan New in a fireside chat at D.A. Davidson’s 20th Annual Software and Internet Conference on September 9, 2021, at 5:00 PM ET. The event can be accessed via a live webcast on the Motorsport Games Investor Relations site. Motorsport Games specializes in developing and publishing video games for various motorsport racing series and is an esports partner for major racing events globally.