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Driven Lifestyle (NASDAQ: MSGM) sells shares but keeps 68% voting power

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Driven Lifestyle Group LLC and Mike Zoi filed an amended Schedule 13D on Motorsport Games Inc. after recent share sales under a pre-arranged trading plan. On the March 3–6, 2026 sales dates, Driven Lifestyle sold an aggregate 172,334 shares of Class A common stock pursuant to a Rule 10b5-1 plan adopted on December 31, 2025.

After these sales, the reporting persons beneficially own 1,214,699 shares of Class A common stock, representing approximately 23.9% of the outstanding Class A shares, and share voting and dispositive power over those shares. Together with 700,000 shares of Class B common stock that carry 10 votes per share, they control 68.0% of the total voting power of the company’s Class A and Class B common stock.

Positive

  • None.

Negative

  • None.

Insights

Controlling holder trims position via 10b5-1 plan but keeps majority voting power.

The filing shows Driven Lifestyle Group LLC and Mike Zoi sold 172,334 Class A shares in early March 2026 under a Rule 10b5-1 trading plan that covers 1,480,385 Class A shares. This indicates an orderly, pre-planned reduction rather than a discretionary, sudden sale.

Despite these sales, the reporting persons still beneficially own 1,214,699 Class A shares, or about 23.9% of that class. Combined with 700,000 Class B shares carrying 10 votes per share, they hold 68.0% of total voting power. That level of control means they can significantly influence or determine shareholder votes, including elections and major corporate actions.

The Rule 10b5-1 plan can run for up to 2 years from its effective date or until the specified orders are completed. Subsequent disclosures will show how many additional shares are sold under this plan and whether the voting power of the reporting persons materially changes over time.






Mike Zoi
5972 NE 4th Avenue,
Miami, FL, 33137
(305) 507-8799

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
03/04/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Driven Lifestyle Group LLC (former name Motorsport Network, LLC)
Signature:/s/ Mike Zoi
Name/Title:Mike Zoi, Manager
Date:03/06/2026
Mike Zoi
Signature:/s/ Mike Zoi
Name/Title:Mike Zoi
Date:03/06/2026

FAQ

How much of Motorsport Games Inc. (MSGM) does Driven Lifestyle still own?

Driven Lifestyle Group LLC and Mike Zoi beneficially own 1,214,699 shares of Class A common stock, representing about 23.9% of MSGM’s outstanding Class A shares. This stake gives them substantial economic exposure to the company alongside their separate Class B holdings.

What voting control do Driven Lifestyle and Mike Zoi have in MSGM?

The reporting persons hold 1,214,699 Class A shares and 700,000 Class B shares with 10 votes each, giving them 68.0% of the total voting power. This majority voting control allows them to strongly influence or determine shareholder decisions at Motorsport Games Inc.

What recent share sales by Driven Lifestyle were disclosed for MSGM?

The filing reports that on March 3, 4, 5 and 6, 2026, Driven Lifestyle sold an aggregate 172,334 shares of MSGM Class A common stock. These sales occurred under a pre-arranged Rule 10b5-1 trading plan adopted on December 31, 2025.

What is the size of the Rule 10b5-1 plan covering MSGM shares?

Driven Lifestyle adopted a Rule 10b5-1 trading plan on December 31, 2025 covering 1,480,385 shares of MSGM Class A common stock. The plan instructs a broker to sell those shares at market beginning 31 days after adoption, subject to the plan’s terms.

How long can the Rule 10b5-1 trading plan for MSGM remain in effect?

The Rule 10b5-1 plan terminates on the earlier of 2 years from its effective date, completion or expiration of all specified trades, certain insolvency events, or termination under Sections 9 or 18 of the plan, whichever occurs first.

Does anyone besides the reporting persons share in MSGM dividends from these shares?

According to the disclosure, no one other than the reporting persons has the right to receive dividends or sale proceeds from the Class A common stock reported as beneficially owned. This concentrates economic benefits from these shares with Driven Lifestyle and Mike Zoi.
Motorsport Games Inc

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