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Motorsport Video games Indicators Binding Time period Sheet to Purchase Cellular Developer Digital Tales USA and Its Upcoming New Superbike Official Cellular Recreation Franchise Nasdaq:MSGM

MIAMI, March 24, 2021 (GLOBE NEWSWIRE) — Motorsport Video games Inc. (NASDAQ: MSGM) (“Motorsport Video games”), main racing recreation developer, writer and esports ecosystem supplier of official motorsport racing sequence all through the world, at this time introduced it has entered a binding time period sheet to accumulate Digital Tales USA LLC, the cellular recreation developer that creates official cellular video games for the FIM Superbike World Championship (WorldSBK). This acquisition would develop and proceed to diversify Motorsport Video games’ improvement experience, significantly within the cellular sector, whereas additionally introducing two-wheel racing to its product portfolio.

“The deliberate addition of the Digital Tales crew to the Motorsport Video games household is the newest step in our formidable technique and dedication to make Motorsport Video games a pacesetter within the digital racing world, each by enhancing our cellular video games and including motorcycle racing to our choices,” commented Dmitry Kozko, CEO of Motorsport Video games. “Our greatest-in-class gaming expertise for racing followers continues to deepen as Motorsport Video games forges forward in the direction of carrying out new milestones for video games and reside occasions. Enlargement of our cellular product portfolio is crucial to us scaling to a broader cellular gaming market which reaches almost 2.6B gamers world wide.”

The proposed addition of the Digital Tales crew, together with its SBK Official Cellular Recreation franchise, would complement Motorsport Video games’ present roster of racing recreation licenses, together with NASCAR, 24 Hours of Le Mans and the British Touring Automotive Championship.

“We’re delighted to hitch the Motorsport Video games household and assist additional improve our new SBK Official Cellular Recreation for our followers internationally,” stated Giovanni Bazzoni, President of Digital Tales USA LLC. “Via each our earlier work on the SBK Official Cellular Recreation, our forthcoming collaboration with Motorsport Video games and our shared ardour for racing, this deal will permit us to maintain constructing the flagship two-wheel racing product for the sim racing neighborhood.”

As a part of the corporate’s bigger strategic progress plan, the pending acquisition of Digital Tales follows the latest completion of Motorsport Video games’ KartKraft buy from Black Delta and the signing of a binding time period sheet to accumulate Studio397 BV and its {industry} main rFactor 2 racing simulation platform. Collectively, these swift acquisitions are anticipated to additional solidify Motorsport Video games’ unmatched presence throughout all disciplines of worldwide motorsports and its purpose to change into the premier racing leisure firm of the longer term. Following its latest IPO, Motorsport Video games intends to change into the {industry} commonplace for digital racing.

Motorsport Video games’ dedication to develop its leisure capabilities and digital occasion choices was additionally exemplified by way of its not too long ago launched on-line vacation spot Traxion which serves as an leisure hub for digital racing the place customers can entry the newest information and critiques on world video games and esports content material for the complete {industry}. Traxion additionally doubles as a platform for neighborhood, encouraging customers to be taught, work together and join with the video games they love in addition to others who share the identical ardour for racing. With aggressive esports and a rising calendar of reside occasions, such because the record-breaking and iconic 24 Hours of Le Mans Digital race (2020 occasion had 22.8M linear tv and OTT views, 48.9M+ social impressions), Motorsport Video games is upending the esports established order to construct the racing leisure firm of the longer term.

Via these strategic acquisitions, launches and partnerships (together with, when accomplished, the acquisitions of Digital Tales, Studio397 BV and its rFactor 2), Motorsport Video games is cultivating the widest vary of motorsport gaming leisure obtainable throughout any self-discipline, bringing the very best builders and {industry} know-how wherever in-house and crafting unmatched digital experiences and esports. Underneath the corporate’s umbrella, Motorsport Video games now will supply the premier karting expertise obtainable (KartKraft) and expects to supply the crew behind the best-in-class racing simulation platform (Studio397/rFactor 2) and the cellular leaders in two-wheel racing (Digital Tales). Motorsport Video games can be the house of industry-wide racing information (Traxion) and the unique rights to at least one third of the Triple Crown of Motorsport (24 Hours of Le Mans). Motorsport Video games’ world footprint continues to develop, with a presence in markets akin to the US, Europe and Australia. With future video games, occasions and product launches on the horizon, in addition to continued progress in establishing a superb crew of racing recreation consultants, Motorsport Video games intends to be completely positioned to change into the chief on the earth of digital racing.

For extra details about Motorsport Video games go to www.motorsportgames.com and comply with our social media channels: Fb, Twitter and LinkedIn.

About Motorsport Video games:
Motorsport Video games, a Motorsport Community firm, combines progressive and fascinating 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, 24 Hours of Le Mans, the British Touring Automotive Championship (“BTCC”) and the extremely acclaimed PC kart racing simulator, KartKraft. Motorsport Video games is an award-winning esports companion of selection for 24 Hours of Le Mans, System E, BTCC, the FIA World Rallycross Championship and the eNASCAR Warmth Professional League, amongst others.

For extra details about Motorsport Video games go to: www.motorsportgames.com

Ahead-Trying Statements
This press launch accommodates forward-looking statements inside the that means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Alternate Act of 1934, as amended.  Any statements contained on this press launch that aren’t statements of historic truth could also be deemed forward-looking statements.  Phrases akin to “proceed,” “will,” “might,” “may,” “ought to,” “anticipate,” “anticipated,” “plans,” “intend,” “anticipate,” “imagine,” “estimate,” “predict,” “potential,” and related expressions are supposed to establish such forward-looking statements.  All forward-looking statements contain vital dangers and uncertainties that might trigger precise outcomes to vary materially from these expressed or implied within the forward-looking statements, a lot of that are usually outdoors the management of Motorsport Video games and are troublesome to foretell.  Examples of such dangers and uncertainties embody, however will not be restricted to, whether or not Motorsport Video games will be capable to negotiate and enter into the definitive agreements with respect to the acquisition of Digital Tales USA LLC, whether or not all circumstances precedent within the definitive agreements to accumulate Digital Tales USA LLC will probably be happy, whether or not the closing of such acquisition will happen, whether or not Motorsport Video games will be capable to negotiate and enter into the definitive agreements with respect to the acquisition of Studio397 and its rFactor 2 platform, whether or not all circumstances precedent within the definitive agreements to accumulate Studio397 and its rFactor 2 platform will probably be happy, whether or not the closing of such acquisition will happen, what the last word impression of the COVID-19 pandemic can have on Motorsport Video games and its operations and whether or not the Firm will obtain its targets.  Further examples of such dangers and uncertainties embody, however will not be restricted to (i) Motorsport Video games’ capacity (or lack of ability) to take care of present, and safe extra, licenses and contracts with the sports activities sequence; (ii) Motorsport Video games’ capacity 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 power to draw and retain certified staff and key personnel; (v) hostile results of elevated competitors on Motorsport Video games’ enterprise; (vi) the danger that modifications in client habits may adversely have an effect on Motorsport Video games’ enterprise; (vii) Motorsport Video games’ capacity to guard its mental property; and (viii) native, {industry} and basic enterprise and financial circumstances. Further elements that might trigger precise outcomes to vary materially from these expressed or implied within the forward-looking statements will be present in Motorsport Video games’ filings with the Securities and Alternate Fee (the “SEC”), together with its Annual Report on Kind 10-Okay for the yr ended December 31, 2021 to be filed with the SEC. Motorsport Video games anticipates that subsequent occasions and developments might trigger its plans, intentions and expectations to alter. Motorsport Video games assumes no obligation, and it particularly disclaims any intention or obligation, to replace any forward-looking statements, whether or not on account 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 Video games’ plans and expectations as of any subsequent date.

Press:
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Buyers:
Ashley DeSimone
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