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MSGM News
MSGM Events
Motorsport Games Announces Stockholder Rights Plan and Dividend
Motorsport Games announced that its board of directors has unanimously approved and adopted a limited duration stockholder rights plan and declared a dividend distribution of one right for each outstanding share of the company's Class A common stock. The rights plan is effective immediately and will expire on July 20, 2027, or earlier, as provided in the rights plan. The record date for such dividend distribution is August 3. The board adopted the rights plan to protect the investment of stockholders during a period in which it believes the share price of Motorsport Games' Class A common stock does not reflect the inherent value of the business or its long-term growth potential, and during which time there have been recent significant accumulations of Motorsport Games' Class A common stock by certain stockholders. The rights plan has not been adopted in response to any specific takeover bid or other proposal to acquire control of Motorsport Games.
Motorsport Games Appoints Peter Hansen-Chambers as CFO
Motorsport Games announced that Peter Hansen-Chambers will join the Company as Chief Financial Officer, effective July 1, 2026. Stanley Beckley, the Company's current CFO, will transition into a newly created role as Chief Accounting and Compliance Officer, effective the same date. "Peter joins the company with a valuable breadth of experience, bringing us the commercial and strategic depth we need as we build out new products and revenue opportunities," said Stephen Hood, Chief Executive Officer of Motorsport Games. "His track record of scaling a games business, building strategically valuable partnerships, negotiating deals, and managing its finances alongside operations through growth periods speaks for itself, and I'm looking forward to working alongside him to deliver on our vision for the Company's future."
Motorsport Games Repurchases 904,395 Shares of Class A Common Stock at $4.11 Each
Motorsport Games announced the repurchase of 904,395 shares of Class A Common Stock from Driven Lifestyle Group at $4.11 per share.
Le Mans Ultimate Sees Record High Player Counts
Since the deployment of the Version 1.2 update in December, Le Mans Ultimate has recorded its highest concurrent player counts to date, reflecting sustained and growing engagement across the global simulation racing audience. The update delivered a broad set of content and platform improvements, including expanded European Le Mans Series integration, physics and handling refinements, the addition of Team races to the online championship system, and quality-of-life improvements driven by community feedback. Management views the resulting uplift in player activity as validation of the Company's product roadmap and live-service development strategy. Peak concurrent players since the verion 1.2 update are over 4 times higher than the same month last year with a peak of 8,740 on January 3, 2026 which co-incides with our live service offering of the "6 Hours of Monza". This increase in player numbers is also reflected in the demand for online races with 12.5 million laps driven on our RaceControl online service in December which is an increase of 608% compared to the same month in the prior year.
Motorsport Games Releases Le Mans Ultimate Version 1.2
Motorsport Games released version 1.2 of Le Mans Ultimate. The company said, "This final major update of 2025 delivers one of the most significant expansions to the title since launch, introducing new European Le Mans Series content, major physics and performance upgrades, substantial online racing improvements, and enhanced Online Championships and engineering functionality."
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