Motorsport

Getty Images Acquires Motorsport Images, a Specialist Motorsport Archive

Retrieved on: 
Tuesday, April 2, 2024

LONDON, April 02, 2024 (GLOBE NEWSWIRE) -- Getty Images (NYSE: GETY), a preeminent global visual content creator and marketplace, and Motorsport Images, a specialist motorsport archive, today announced that Getty Images has acquired Motorsport Images, including its operative arm LAT Images and its Sutton, Schlegelmilch, Colombo and Dukes Video archives.

Key Points: 
  • LONDON, April 02, 2024 (GLOBE NEWSWIRE) -- Getty Images (NYSE: GETY), a preeminent global visual content creator and marketplace, and Motorsport Images , a specialist motorsport archive, today announced that Getty Images has acquired Motorsport Images, including its operative arm LAT Images and its Sutton, Schlegelmilch, Colombo and Dukes Video archives.
  • The addition of Motorsport Images’ photographic talent and premium motorsport archive complements Getty Images’ award-winning motorsports photographers, its expert operations team and rich sports archive, augmenting Getty Images’ customer offering in the motorsport space.
  • “We are thrilled to welcome Motorsport Images to Getty Images,” said Craig Peters, Chief Executive Officer, Getty Images.
  • Their impressive archive of iconic imagery and video will expand upon our premium motorsport offering to Getty Images’ global customer base.”
    “I’m so proud of what the Motorsport Images team has built over our history and of the high-quality service and outstanding visuals we provide our customers,” said Steven Tee, Managing Director, Motorsport Images.

Motorsport Games Reports Fourth Quarter & Full Year 2023 Financial Results

Retrieved on: 
Monday, April 1, 2024

As of April 1, 2024, the Company’s cash and cash equivalents has decreased to $1.3million.

Key Points: 
  • As of April 1, 2024, the Company’s cash and cash equivalents has decreased to $1.3million.
  • Adjusted EBITDA (the “Non-GAAP Measure”) is not a financial measure defined by U.S. generally accepted accounting principles (“U.S.
  • The live conference call can be accessed by dialing 1-888-886-7786 from the U.S., or by dialing 1 (416) 764-8658 internationally.
  • Alternatively, participants may access the live webcast on the Motorsport Games Investor Relations website at https://ir.motorsportgames.com under “Events.”

Hyundai IONIQ 5 N Charges On With 2024 World Performance Car Award Victory

Retrieved on: 
Wednesday, March 27, 2024

IONIQ 5 N named 2024 World Performance Car, signaling fourth major victory for all-electric IONIQ 5 lineup in the last three years

Key Points: 
  • IONIQ 5 N named 2024 World Performance Car, signaling fourth major victory for all-electric IONIQ 5 lineup in the last three years
    Introduced in July 2023, IONIQ 5 N defines a new segment of driver focused high-performance EVs, highlighting IONIQ lineup's technological excellence
    NEW YORK and SEOUL, South Korea, March 27, 2024 /PRNewswire/ -- Hyundai Motor Company continued its winning streak at the World Car Awards today with the IONIQ 5 N high-performance electric vehicle (EV) named the 2024 World Performance Car.
  • This is Hyundai IONIQ 5 lineup's fourth major World Car Awards win in the last three years.
  • "We are thrilled and honored to receive the prestigious World Performance Car award for our IONIQ 5 N," said Jaehoon Chang, President and CEO of Hyundai Motor Company.
  • The brand's IONIQ 5 and IONIQ 6 took back-to-back triple victories in 2022 and 2023 in the World Car, World Electric Vehicle and World Car Design categories.

Hyundai IONIQ 5 N Charges On With 2024 World Performance Car Award Victory

Retrieved on: 
Wednesday, March 27, 2024

IONIQ 5 N named 2024 World Performance Car, signaling fourth major victory for all-electric IONIQ 5 lineup in the last three years

Key Points: 
  • IONIQ 5 N named 2024 World Performance Car, signaling fourth major victory for all-electric IONIQ 5 lineup in the last three years
    Introduced in July 2023, IONIQ 5 N defines a new segment of driver focused high-performance EVs, highlighting IONIQ lineup's technological excellence
    NEW YORK and SEOUL, South Korea, March 27, 2024 /PRNewswire/ -- Hyundai Motor Company continued its winning streak at the World Car Awards today with the IONIQ 5 N high-performance electric vehicle (EV) named the 2024 World Performance Car.
  • This is Hyundai IONIQ 5 lineup's fourth major World Car Awards win in the last three years.
  • "We are thrilled and honored to receive the prestigious World Performance Car award for our IONIQ 5 N," said Jaehoon Chang, President and CEO of Hyundai Motor Company.
  • The brand's IONIQ 5 and IONIQ 6 took back-to-back triple victories in 2022 and 2023 in the World Car, World Electric Vehicle and World Car Design categories.

Global Racing Simulator Market Forecast to 2030 with CXC Simulation, D-Box Technologies, Trak Racer, Next Level Racing, SIMXPERIENCE, Vi-Grade, Cruden, and Simworx Dominating

Retrieved on: 
Tuesday, March 19, 2024

The racing simulator market is led by established players such as CXC Simulation (US), D-Box Technologies, Inc. (Canada), Trak Racer (Australia), Next Level Racing (Australia), SIMXPERIENCE (US), Vi-Grade GmbH (Germany), Cruden B.V. (Netherlands), and Simworx Pty Ltd (Australia).

Key Points: 
  • The racing simulator market is led by established players such as CXC Simulation (US), D-Box Technologies, Inc. (Canada), Trak Racer (Australia), Next Level Racing (Australia), SIMXPERIENCE (US), Vi-Grade GmbH (Germany), Cruden B.V. (Netherlands), and Simworx Pty Ltd (Australia).
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the racing simulator market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the racing simulator market across different regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the racing simulator market.

Official 24 Hours of Le Mans Game, Le Mans Ultimate, available today

Retrieved on: 
Tuesday, February 20, 2024

Internally developed title leverages RaceControl, Motorsport Games’ Online Service platform to deliver complete product-to-play ecosystem

Key Points: 
  • Internally developed title leverages RaceControl, Motorsport Games’ Online Service platform to deliver complete product-to-play ecosystem
    MIAMI, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Le Mans Ultimate , the official game of the FIA World Endurance Championship, and 24 Hours of Le Mans (ACO), goes on sale in Early Access today.
  • The game is the first officially licenced and dedicated 24 Hours of Le Mans video game for over twenty years, created by Motorsport Games Inc. (NASDAQ:MSGM) (“Motorsport Games”) development team, Studio 397.
  • Developed with extensive manufacturer support, including detailed collaboration with Ferrari on the Le Mans Centenary winning 499, to make the included cars as realistic as possible.
  • Our immediate focus is now on continued development and expansion of Le Mans Ultimate to provide gamers with a world-class entertainment experience.”
    The 24 Hours of Le Mans and World Endurance Championship is currently undergoing a renaissance with renewed interest thanks to the new Hypercar machinery.

From Pit Stops to People: Businessolver Disrupts in Partnership with Alpine Motorsports

Retrieved on: 
Tuesday, February 20, 2024

Alpine Motorsports today announced a multi-year partnership with Businessolver® , a leading employee benefits and human resources (HR) technology provider.

Key Points: 
  • Alpine Motorsports today announced a multi-year partnership with Businessolver® , a leading employee benefits and human resources (HR) technology provider.
  • View the full release here: https://www.businesswire.com/news/home/20240220521428/en/
    Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects.
  • (Photo: Business Wire)
    Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects.
  • “Partnership has been a strategic pillar for Businessolver since the company was founded,” said Jon Shanahan, Businessolver President and CEO.

MDK MOTORSPORTS ANNOUNCES ITS SUPPORT OF THE PROFESSIONAL ATHLETES BRAIN HEALTH STUDY

Retrieved on: 
Thursday, February 29, 2024

PATASKALA, Ohio, Feb. 29, 2024 /PRNewswire/ -- MDK Motorsports has launched a commitment to support research of the long-term effects of repetitive head impacts (RHI) in active and retired professional athletes through Cleveland Clinic Lou Ruvo Center for Brain Health's Professional Athletes Brain Health Study (PABHS).

Key Points: 
  • MDK Motorsports' support, both financially and with the referral of its athletes to participate in the study, marks an expansion of the program to include professional motorsports drivers and riders, signaling an important initiative for the burgeoning sport.
  • Notably, the United States Auto Club (USAC) and Porsche Motorsport North America have also announced their support for the PABHS, underscoring the motorsports industry's commitment to brain health.
  • The insights gained from motorsports have the potential to enhance long-term brain safety for professional drivers and athletes in other sports as well."
  • As a result, we are proud to support the work of the Professional Athletes Brain Health Study to further advance the cause."

Progressive American Flat Track and FloSports Enter Multi-Year Livestreaming Agreement

Retrieved on: 
Thursday, February 15, 2024

DAYTONA BEACH, Fla., Feb. 15, 2024 /PRNewswire/ -- AMA Pro Racing and FloSports, a global independent sports media company and streaming platform, have entered into a multi-year media agreement making FloRacing the exclusive livestreaming and content destination for Progressive American Flat Track (AFT), the world's premier dirt track motorcycle racing series.

Key Points: 
  • DAYTONA BEACH, Fla., Feb. 15, 2024 /PRNewswire/ -- AMA Pro Racing and FloSports , a global independent sports media company and streaming platform, have entered into a multi-year media agreement making FloRacing the exclusive livestreaming and content destination for Progressive American Flat Track (AFT) , the world's premier dirt track motorcycle racing series.
  • "This is a landmark agreement for Progressive American Flat Track, and we are excited to partner with FloSports ahead of our 70th anniversary season," said Gene Crouch, CEO of AMA Pro Racing.
  • FloSports is available by visiting https://flosports.link/aft or by downloading the FloSports app on iOS, Android, Apple TV, Roku, Amazon Fire and Chromecast.
  • FansChoice.tv will continue to be Progressive AFT's home for video-on-demand and archived content, while expanding to include Road to AFT amateur races and select American Hillclimb rounds in 2024.

Le Mans Ultimate announces Early Access release plan ahead of February launch

Retrieved on: 
Thursday, February 1, 2024

Motorsport fans can start their Le Mans Ultimate journey through either Online events, powered by the latest version of RaceControl coming to Le Mans Ultimate, or Single Player Race Weekends.

Key Points: 
  • Motorsport fans can start their Le Mans Ultimate journey through either Online events, powered by the latest version of RaceControl coming to Le Mans Ultimate, or Single Player Race Weekends.
  • Game development will be a collaborative process with Le Mans Ultimate providing regular updates on the build of the game, fixes, features, content development and quality of life updates.
  • “397 laps is the highest number of laps ever completed by a team at Le Mans, giving Studio 397 its unique name.
  • For further information on Le Mans Ultimate visit www.lemansultimate.com or the games’ social media channels or by visiting Le Mans Ultimate on Steam and Wishlisting the product today to keep up to date with all developments.