Miami, FL – July 15, 2021 – Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”), a number one racing recreation developer, writer and esports ecosystem supplier of official motorsport racing sequence all through the world, introduced at the moment it has entered into gaming and esports licenses.
The esports license was entered into with an intent by the events to the license to type an unique relationship to develop official esports INDYCAR SERIES occasions. The debut title is predicted to launch in 2023 on Xbox and PlayStation consoles in addition to PC. The partnership moreover consists of an esports settlement that might kickoff as early as this yr. Particulars on competitions that may characteristic NTT INDYCAR SERIES athletes are anticipated to be introduced at a later date.
“Motorsport Games and INDYCAR are thrilled to offer followers with an extended overdue devoted gaming expertise,” mentioned Dmitry Kozko, CEO of Motorsport Games. “After many years of world class racing, we can not consider a extra deserving league for a online game franchise. INDYCAR shares our dedication to bringing genuine experiences to motor racing fans. Followers can anticipate the NTT INDYCAR SERIES to satisfy the identical stage of excellence and immersive gameplay they anticipate from Motorsport Games.”
“Our partnership with Motorsport Games will convey the fierce competitors of the NTT INDYCAR SERIES to a world gaming viewers hungry for high quality motorsports content material,” mentioned Mark Miles, President & CEO, Penske Leisure. “Just like the expertise and depth of our subject, INDYCAR’s universe continues to develop and develop quickly. Motorsport Games is an business chief with a monitor report of innovation and we all know our followers can have 2023 and the debut of this new NTT INDYCAR SERIES online game circled on their calendars.”
Motorsport Games’ relationship with INDYCAR will produce a model new franchise that has been eagerly anticipated by racing and gaming followers alike. INDYCAR’s daring, audacious and unapologetic type of racing is primed for a online game franchise constructed totally round its increasing model. North America’s premier open wheel racing sequence contains a rising roster of rising younger stars and gifted veterans with international identify recognition. These daredevil athletes compete throughout a uniquely difficult and numerous set of ovals, highway and avenue programs.
“I’m tremendous excited our followers will be capable to convey the NTT INDYCAR SERIES into their properties with this new online game franchise,” mentioned Arrow McLaren SP driver Pato O’Ward. “That is such an excellent alternative for followers to hook up with our sequence much more, from watching us on the weekends to taking part in as us on their favourite tracks each time they need.”
For extra data, please go to: https://indycargame.com/
About Motorsport Games:
Motorsport Games, a Motorsport Network firm, combines revolutionary and interesting video video games with thrilling esports competitions and content material for racing followers and players across the globe. The Firm is the formally licensed online game developer and writer for iconic motorsport racing sequence together with NASCAR, INDYCAR, 24 Hours of Le Mans and the British Touring Automobile Championship (“BTCC”). Motorsport Games is an award-winning esports associate of selection for twenty-four Hours of Le Mans, Method E, BTCC, the FIA World Rallycross Championship and the eNASCAR Warmth Professional League amongst others.
INDYCAR is the Indianapolis-based governing physique for North America’s premier open-wheel auto racing sequence, the NTT INDYCAR SERIES. The sequence options a global subject of the world’s most versatile drivers – together with six-time sequence champion Scott Dixon, two-time sequence champion Josef Newgarden and two-time Indianapolis 500 winner Takuma Sato – who compete on superspeedways, brief ovals, avenue circuits and everlasting highway programs. The season consists of 16 races in the USA and is highlighted by the historic Indianapolis 500 introduced by Gainbridge. The NTT INDYCAR SERIES, the Indianapolis Motor Speedway and IMS Productions are owned by Penske Company, a world transportation, automotive and motorsports chief. For extra data on INDYCAR and the NTT INDYCAR SERIES, please go to www.indycar.com.
Sure statements on this press launch which aren’t historic details are forward-looking statements throughout the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Alternate Act of 1934, as amended, and are offered pursuant to the protected harbor provisions of the Non-public Securities Litigation Reform Act of 1995. Any statements on this press launch that aren’t statements of historic reality could also be deemed forward-looking statements. Phrases corresponding to “proceed,” “will,” “could,” “might,” “ought to,” “anticipate,” “anticipated,” “plans,” “intend,” “anticipate,” “consider,” “estimate,” “predict,” “potential,” and comparable expressions are meant to establish such forward-looking statements. These forward-looking statements embrace, however should not restricted to, statements regarding: (i) Motorsport Games’ (or the “Firm”) future enterprise, future outcomes of operations and/or monetary situation, together with with out limitation, as to the Firm’s future progress; (ii) the anticipated future influence of latest or deliberate merchandise or choices and the timing of launching such merchandise and choices, corresponding to Motorsport Games’ expectation that the debut title of the INDYCAR online game will launch in 2023 on Xbox and PlayStation consoles in addition to PC and that its partnership with INDYCAR moreover consists of an esports settlement that might kickoff as early as this yr; and (iii) the anticipated future influence of implementing administration methods and the influence of different business developments. All forward-looking statements contain important dangers and uncertainties that might trigger precise outcomes to vary materially from these expressed or implied within the forward-looking statements, lots of that are usually exterior the management of Motorsport Games and are tough to foretell. Examples of such dangers and uncertainties embrace, however should not restricted to: (i) difficulties, delays or lower than anticipated ends in attaining the Firm’s progress plans, goals and expectations, corresponding to attributable to a slower than anticipated financial restoration and/or the Firm’s incapability, in complete or partially, to proceed to execute its enterprise methods and plans; (ii) difficulties, delays in or unanticipated occasions that will influence the timing and scope of latest product launches; and/or (iii) difficulties, delays or lower than anticipated ends in implementing the Firm’s administration methods, corresponding to attributable to increased than anticipated prices or delays and bills added by the continued and extended COVID-19 pandemic and its variants. Components aside from these referred to above might additionally trigger Motorsport Games’ outcomes to vary materially from anticipated outcomes. Extra examples of such dangers and uncertainties embrace, however should not restricted to (i) Motorsport Games’ skill (or incapability) to keep up current, and to safe extra, licenses and different agreements with the assorted racing sequence; (ii) Motorsport Games’ skill to efficiently handle and combine any joint ventures, acquisitions of companies, options or applied sciences; (iii) unanticipated working prices, transaction prices and precise or contingent liabilities; (iv) the flexibility to draw and retain certified workers and key personnel; (v) hostile results of elevated competitors on Motorsport Games’ enterprise, outcomes of operations and/or monetary situation; (vi) the chance that modifications in client habits might adversely have an effect on Motorsport Games’ enterprise, outcomes of operations and/or monetary situation; (vii) Motorsport Games’ skill to guard its mental property; and (viii) native, business and common enterprise and financial situations. Extra elements that might trigger precise outcomes to vary materially from these expressed or implied within the forward-looking statements will be present in Motorsport Games’ filings with the Securities and Alternate Fee (the “SEC”), together with its Annual Report on Kind 10-Okay for the fiscal yr ended December 31, 2020, its Quarterly Report on Kind 10-Q for the fiscal quarter ended March 31, 2021, in addition to in its subsequent filings with the SEC. Motorsport Games anticipates that subsequent occasions and developments could trigger its plans, intentions and expectations to alter. Motorsport Games assumes no obligation, and it particularly disclaims any intention or obligation, to replace any forward-looking statements, whether or not because of new data, future occasions or in any other case, besides as expressly required by regulation. Ahead-looking statements converse solely as of the date they’re made and shouldn’t be relied upon as representing Motorsport Games’ plans and expectations as of any subsequent date.
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