Latest news with #RaceControl
Yahoo
13-06-2025
- Automotive
- Yahoo
Le Mans Ultimate Introduces Driver Swaps, Team Management, Custom Liveries and Final 2024 WEC Content in Major June Update
Le Mans Ultimate Introduces Driver Swaps, Team Management, Custom Liveries and Final 2024 WEC Content in Major June Update MIAMI, June 10, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) ('Motorsport Games' or 'the Company') is today releasing the next landmark update for 'Le Mans Ultimate', the official game of the FIA World Endurance Championship and the 24 Hours of Le Mans. This latest update this release introduces a suite of innovative features including online driver swaps for Special Events, an online community Team Management system, the addition of customized liveries, and the completion of the 2024 WEC season content included in the 2024 Season Pass. The June update will mark the debut of the long-awaited driver swap functionality, a core pillar of endurance racing that allows players to hand over control of the car to a teammate during live online races. Initially available in curated Special Events, the system enables mid-race driver transitions in the pitlane and is expected to create special moments of endurance racing that players can share with their team-mates. This marks the beginning of a deeper push into team-based online championships and future league play, powered by our online matchmaking and data platform RaceControl. Alongside this, players will be able to form persistent teams within the game with their friends and communities, allowing them to establish a team identity and assigning roles such as drivers, engineers and managers. Using the built-in team management tools, players can coordinate line-ups, register for events, and manage multiple squads (lineups), offering a level of organisation and strategy previously unseen in the title. The update also introduces the first iteration of the game's custom livery system. Available for online multiplayer events, liveries can be designed using downloadable templates and then uploaded directly inside the game into RaceControl, where they are rendered, stored, and shared with all participants in online races. This system ensures that every player and spectator sees the correct car design during events, creating a more immersive and personalised racing experience. The feature is exclusive to RaceControl Pro and Pro+ subscribers, with limited access available to Lite users participating in Pro-owned teams during Team races. In addition to these core features, the Pack 4 of the 2024 Season pass is simultaneously being released, completing the 2024 FIA WEC season content with the introduction of the Lusail International Circuit – recreated using the latest 2024 laser-scan data – and the addition of two eagerly anticipated GT3 entries: the Lamborghini Huracán LMGT3 Evo2 and the Lexus RC F LMGT3. Pack 5 is on sale at an early access price of £9.99 / €11.99 / $12.99 or users can purchase the Season Pass for £39.99 / €46.99 / $48.99. With this final wave of content, Le Mans Ultimate now features a total of 11 tracks with 21 layouts and 25 cars with 11 Hypercars, 1 LMP2, 4 GTEs, and 9 LMGT3s across the base game and optional 2024 Season Pass. 'This is a pivotal moment for Le Mans Ultimate and for everyone in our community,' said Stephen Hood, CEO of Motorsport Games. 'The features arriving in this update—driver swaps, team tools, and customized car liveries, along with the completed 2024 content—represent the core of endurance racing. We've listened closely to our players and this update reflects our shared vision for the future of the title. It is only the beginning of what's still to come and we will be holding a special update on 13th June for our community to give an insight on the future of the title.' The June 10 update also includes refinements to the LMGT3 tyre model, updated race start procedures, and other enhancements to gameplay. Motorsport Games has confirmed that more information on upcoming features and the game's development roadmap is expected to be revealed during the Automobile Club de l'Ouest (ACO) press conference at Le Mans on June 13, 2025 and via the Le Mans Ultimate YouTube and social media accounts. To purchase Le Mans Ultimate, the Season Pass, or individual DLC Packs, visit Le Mans Ultimate on Steam. Head to to configure private servers or subscribe RaceControl Pro or Pro+, the latter of which unlocks all DLC content with a live subscription. About Motorsport Games: Motorsport Games is a racing game developer, publisher and esports ecosystem provider of official motorsport racing series. Combining innovative and engaging video games with exciting esports competitions and content for racing fans and gamers, Motorsport Games strives to make racing games that are authentically close to reality. The Company is the officially licensed video game developer and publisher for iconic motorsport racing series including the 24 Hours of Le Mans and the FIA World Endurance Championship, recently releasing Le Mans Ultimate in Early Access. Motorsport Games also owns the industry leading rFactor 2 and KartKraft simulation platforms. rFactor 2 also powers F1® Arcade through a partnership with Kindred Concepts. Motorsport Games is also an award-winning esports partner of choice for the 24 Hours of Le Mans, creating the renowned Le Mans Virtual Series. Motorsport Games is building a virtual racing ecosystem where each product drives excitement, every esports event is an adventure, and every race inspires. For more information about Motorsport Games visit: Forward Looking Statements Certain statements in this press release which are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are provided pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any statements in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as 'continue,' 'will,' 'may,' 'could,' 'should,' 'expect,' 'expected,' 'plans,' 'intend,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential,' and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, but are not limited to, the statements concerning the driver swap functionality system creating special moments of endurance racing that players can share with their team-mates, marking the beginning of a deeper push into team-based online championships and future league play powered by RaceControl, forming persistent teams within the game with players' friends and communities, establishing a team identity and assigning roles, players using the built-in team management tools to coordinate line-ups, register for events, and manage multiple squads (lineups), using downloadable templates to design liveries, creating a more immersive and personalised racing experience, the update being only the beginning of what's still to come, holding a special update on 13th June for the Motorsport Games community to give an insight on the future of the title, making racing games that are authentically close to reality and building a virtual racing ecosystem where each product drives excitement, every esports event is an adventure, and every race inspires. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Motorsport Games and are difficult to predict. Examples of such risks and uncertainties include, without limitation, the ability to create a more immersive and personalised racing experience for players, the ability to develop additional updates planned for 'Le Mans Ultimate', the ability to, and the ability to make racing games that are authentically close to reality and build a virtual racing ecosystem where each product drives excitement, every esports event is an adventure, and every race inspires. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in Motorsport Games' filings with the Securities and Exchange Commission (the 'SEC'), including its Annual Report on Form 10-K for the fiscal year ended December 312023, as well as in its subsequent filings with the SEC. Motorsport Games anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Motorsport Games assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Motorsport Games' plans and expectations as of any subsequent date. Additionally, the business and financial materials and any other statement or disclosure on, or made available through, Motorsport Games' website or other websites referenced or linked to this press release shall not be incorporated by reference into this press release. Website and Social Media Disclosure Investors and others should note that we announce material financial information to our investors using our investor relations website ( SEC filings, press releases, public conference calls and webcasts. We use these channels, as well as social media and blogs, to communicate with our investors and the public about our company and our products. It is possible that the information we post on our websites, social media and blogs could be deemed to be material information. Therefore, we encourage investors, the media and others interested in our company to review the information we post on the websites, social media channels and blogs, including the following (which list we will update from time to time on our investor relations website): Websites Social Media Twitter:@msportgames Instagram:msportgames Facebook:Motorsport Games LinkedIn:Motorsport Games The contents of these websites and social media channels are not part of, nor will they be incorporated by reference into, this press release. Contacts: Investors:Investors@ Media:PR@ A photo accompanying this announcement is available at in to access your portfolio
Khaleej Times
25-02-2025
- Automotive
- Khaleej Times
Severe winds turn Stage 3 of Abu Dhabi Desert Challenge into a true test of grit and endurance
The 2025 Abu Dhabi Desert Challenge entered its most demanding phase as drivers and riders embarked on the first part of an epic two-stage marathon into some of the most remote areas of the UAE. And the gruelling Stage 3 was made even tougher by fierce winds, eventually leading Race Control to halt running due to safety concerns. Usually only available to bike competitors, this year's marathon stage included cars for the first time. The 2025 edition also introduced the incredible Al Qua'a area to the Desert Challenge for the first time. Situated in the remote eastern region of Abu Dhabi, Al Qua'a is famed as the darkest place in the UAE. Known as the 'Milky Way Spot,' it's a favourite haunt for stargazers seeking the lowest levels of light pollution. This isolated location forms the perfect backdrop for the excitement of the marathon camp. Dacia's Nasser Al-Attiyah powered through to win the stage, beating Toyota Gazoo Racing's Seth Quintero by 3m 59s. Lucas Moraes, in another Toyota Hilux, finished half a minute further back in third. Al-Attiyah also moved into the overall lead, but a Dacia one-two was denied when Sébastien Loeb received a 2-minute penalty for speeding, dropping him to third overall, 1m 57s behind Moraes. In the bikes category, Monster Energy Honda HRC rider Tosha Schareina roared back to the top of the standings in Stage 3, beating Red Bull KTM Factory Team's Luciano Benavides by 2m 15s. Honda made it a double podium with Ricky Brabec securing third. Schareina's stage win vaults the Spaniard back to the overall lead, now 1m 19s ahead of Stage 2 winner Daniel Sanders and almost 2 minutes clear of third-placed Benavides. Red Bull KTM rider Sanders finished Stage 3 in sixth. In Rally 2, Michael Docherty continued his dominant run, securing his fourth straight stage win. The unstoppable SRG Motorsports rider outpaced Duust Rally Team's Konrad Dabrowski by 6m 27s, with SRG teammate Tobias Ebster two minutes further back in third. Docherty now holds a commanding 22m 18s lead over the Pole and 38m 17s over the Austrian. With the later-running Challenger and SSV classes halted by the winds, and in accordance with FIA regulations, Race Control will allocate times to affected competitors, with results to be published later. In Quads, Emirati racer Abdulaziz Ahli stormed to victory, finishing 11m 17s ahead of Poland's Marcin Wilkołek and over 22 minutes clear of Marek Łój, who now leads the overall classification.
Yahoo
04-02-2025
- Automotive
- Yahoo
Motorsport Games Inc. Announces Business Updates and Preliminary 2024 Results
Motorsport Games Inc. Announces Business Updates and Preliminary 2024 Results MIAMI, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM), a racing game developer and publisher, today announced operational, financial and other business updates. Recent Highlights and Accomplishments Expected to generate fourth quarter 2024 revenues ranging from $1.8 million to $2.1 million and full year 2024 total revenues ranging from $8.5 million to $8.8 million; Recorded strong revenues during December, boosted by the release of new content for Le Mans Ultimate, a title still in early access that has surpassed 100,000 net unit sales; Launched a new subscription option within our growing RaceControl platform, our online service providing multiplayer and community related features in support of our game titles; Recorded cash from RaceControl's new subscription offering exceeding internal forecasts, reflecting strong user engagement and demand for integrated services of this type; and The Company expects to continue expanding Le Mans Ultimate throughout at least 2025 given the positive market reception and strong attachment rate of additional content offerings. Stephen Hood, CEO of Motorsport Games, stated, 'We ended the year with strong momentum and with player enthusiasm for Le Mans Ultimate high as a result of the new content and features delivered in December. These preliminary quarterly and full year 2024 results reflect our continued focused strategy to create great gaming experiences whilst streamlining our business costs. We aim to further this positive course and our concerted efforts in the racing game market with rFactor 2, Le Mans Ultimate and our partnership with Kindred Concepts (F1® Arcade) into 2025.' Mr. Hood further stated, 'Management and the Board continue to engage with potential investors about financing and strategic partnerships as we consider strategic alternatives to maximize shareholder value. This includes a potential sale or merger of the Company and to seek funding that would allow us to deliver on viable opportunities to grow revenue, including expanding on the early success of Le Mans Ultimate and potentially bring it to Sony PlayStation and Microsoft Xbox gaming consoles and reach a larger potential gaming market.' 2024 Financial Results The Company currently expects to report revenues ranging from $1.8 million to $2.1 million for the fourth quarter of 2024, and from $8.5 million to $8.8 million for the year ended December 31, 2024. During the fourth quarter and year ended December 31, 2023, the Company reported revenues of $1.7 million and $6.9 million, respectively. Total operating expenses are expected to range from $2.0 million to $2.4 million for the fourth quarter of 2024, and from $11.1 million to $11.5 million for the year ended December 31, 2024. During the fourth quarter and year ended December 31, 2023, the Company reported total operating expenses of $3.8 million and $22.7 million, respectively. Net loss is expected to range from $2.5 million to $2.9 million for the fourth quarter of 2024, and from $2.6 million to $3.0 million for the year ended December 31, 2024. During the fourth quarter and year ended December 31, 2023, the Company reported net income of $2.7 million and net loss of $14.3 million, respectively. The Company expects to report its full fourth quarter and fiscal year 2024 financial results later this quarter. The preliminary financial results described in this update have not been audited and are subject to adjustment based on the Company's completion of year-end financial close processes. About Motorsport Games: Motorsport Games is a racing game developer, publisher and esports ecosystem provider of official motorsport racing series. Combining innovative and engaging video games with exciting esports competitions and content for racing fans and gamers, Motorsport Games strives to make racing games that are authentically close to reality. The Company is the officially licensed video game developer and publisher for iconic motorsport racing series including the 24 Hours of Le Mans and the FIA World Endurance Championship, recently releasing Le Mans Ultimate in Early Access. Motorsport Games also owns the industry leading rFactor 2 and KartKraft simulation platforms. rFactor 2 also serves as the official sim racing platform of Formula E, while also powering F1 Arcade through a partnership with Kindred Concepts. Motorsport Games is also an award-winning esports partner of choice for the 24 Hours of Le Mans, creating the renowned Le Mans Virtual Series. Motorsport Games is building a virtual racing ecosystem where each product drives excitement, every esports event is an adventure, and every race inspires. For more information about Motorsport Games visit: Forward Looking Statements Certain statements in this press release which are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are provided pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any statements in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as 'continue,' 'will,' 'may,' 'could,' 'should,' 'expect,' 'expected,' 'plans,' 'intend,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential,' and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, but are not limited to, the statements concerning the preliminary financial results on an unaudited basis for the quarter and year ending December 31, 2024, including anticipated revenues ranging from $1.8 million to $2.1 million for the fourth quarter of 2024, and from $8.5 million to $8.8 million for the year ended December 31, 2024; total operating expenses ranging from $2.0 million to $2.4 million for the fourth quarter of 2024, and from $11.1 million to $11.5 million for the year ended December 31, 2024; and net loss ranging from $2.5 million to $2.9 million for the fourth quarter of 2024, and from $2.6 million to $3.0 million for the year ended December 31, 2024. These preliminary results are based on the most current information available to management and are subject to completion of the financial closing procedures. Further, these preliminary estimates are not a comprehensive statement or estimate of the Company's financial results or financial condition as of and for the year ended December 31, 2024. The unaudited preliminary financial information included herein has been prepared by, and is the responsibility of, management. The Company's independent registered public accounting firm has not audited, reviewed, compiled or completed its procedures with respect to such unaudited financial information and, accordingly, such firm does not express an opinion or any other form of assurance with respect thereto. Actual results may differ from these preliminary results. Accordingly, you should not place undue reliance on these preliminary estimates. The company assumes no obligation to update these preliminary estimates except as required by law. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Motorsport Games and are difficult to predict. Examples of such risks and uncertainties include, without limitation, the Company's ability to achieve the preliminary results provided. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in Motorsport Games' filings with the Securities and Exchange Commission (the 'SEC'), including its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as well as in its subsequent filings with the SEC. Motorsport Games anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Motorsport Games assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Motorsport Games' plans and expectations as of any subsequent date. Additionally, the business and financial materials and any other statement or disclosure on, or made available through, Motorsport Games' website or other websites referenced or linked to this press release shall not be incorporated by reference into this press release. Website and Social Media Disclosure Investors and others should note that we announce material financial information to our investors using our investor relations website ( SEC filings, press releases, public conference calls and webcasts. We use these channels, as well as social media and blogs, to communicate with our investors and the public about our company and our products. It is possible that the information we post on our websites, social media and blogs could be deemed to be material information. Therefore, we encourage investors, the media and others interested in our company to review the information we post on the websites, social media channels and blogs, including the following (which list we will update from time to time on our investor relations website): Websites Social Media Twitter: @msportgames Instagram: msportgames Facebook: Motorsport Games LinkedIn: Motorsport Games The contents of these websites and social media channels are not part of, nor will they be incorporated by reference into, this press release. Contacts: Investors:Investors@ Media:PR@ A photo accompanying this announcement is available at in to access your portfolio
