Motorsport Network

Motorsport Network’s Driven Lifestyle Introduces New Luxury Automotive Ecosystem, The duPont REGISTRY Group

Retrieved on: 
Friday, September 15, 2023

The duPont REGISTRY Group was established to invest in and create culture, community and commerce at the intersection of technology, media and automotive.

Key Points: 
  • The duPont REGISTRY Group was established to invest in and create culture, community and commerce at the intersection of technology, media and automotive.
  • The duPont REGISTRY Group, an omnichannel approach to the high-end car lifestyle, offers a platform for seamless transactions, immersive experiences, and a vibrant community of luxury automotive enthusiasts.
  • “With the creation of the duPont REGISTRY Group, there is no better combination of brands to serve the global luxury automotive marketplace,” shared Clerc.
  • I’m honored to be a part of creating the duPont REGISTRY Group and look forward to leveraging my luxury lifestyle experience to serve the highly engaged and passionate high-end automotive enthusiasts around the globe.”
    The duPont REGISTRY Group houses some of the biggest names in the luxury automotive space and represents a vibrant community of hundreds of thousands of members nurtured over nearly two decades.

SAE Media Group™ Welcomes Sebastian Blanco as Editor-in-Chief for Magazine and Online Content

Retrieved on: 
Monday, August 14, 2023

WARRENDALE, Pa., Aug. 14, 2023 /PRNewswire/ -- Veteran automotive and technology journalist Sebastian Blanco joins SAE Media Group , a subsidiary of SAE International , as Editor-in-Chief.

Key Points: 
  • WARRENDALE, Pa., Aug. 14, 2023 /PRNewswire/ -- Veteran automotive and technology journalist Sebastian Blanco joins SAE Media Group , a subsidiary of SAE International , as Editor-in-Chief.
  • Blanco begins August 14, 2023, atop the masthead of the award-winning Automotive Engineering magazine and serves as Editor-in-Chief for mobility industry news content on SAE's transportation technology websites, http://www.sae.org and https://www.mobilityengineeringtech.com/ .
  • "We are excited to add Sebastian to the SAE Media Group Team, as he moves comfortably in both the automotive and technology realms," said Bill Visnic, editorial director for SAE's Mobility Media.
  • "His expertise and long experience are a perfect fit for SAE's Mobility Media mission to document how automotive engineering is transitioning to electrified propulsion and other advanced technologies."

Motor Press Guild Announces Best of Auto Journalism Award Winners

Retrieved on: 
Thursday, June 8, 2023

LOS ANGELES, June 8, 2023 /PRNewswire/ -- The Motor Press Guild, the nation's largest association of automotive journalists and public relations professionals, has just announced the award winners in its Best of Automotive Journalism program. The awards were presented at the MPG's 2023 Drive Day event at Calamigos Ranch in Malibu. The awards program, drawing entrants from across the nation, is designed to promote the highest caliber work in the automotive media.

Key Points: 
  • LOS ANGELES, June 8, 2023 /PRNewswire/ -- The Motor Press Guild, the nation's largest association of automotive journalists and public relations professionals, has just announced the award winners in its Best of Automotive Journalism program.
  • "As an organization that promotes and protect automotive journalists, the Motor Press Guild is proud to honor the best of their creations," Jack R. Nerad, President of the Motor Press Guild, said.
  • The MPG Best of Automotive Journalism Awards program honors books, articles, photographs, and audio-visual creations.
  • Each year the highest achievement in auto journalism from among the individual category award winners is recognized with the Dean Batchelor Award, an award named after a legendary writer and editor who set the standard for fine auto journalism.

AXS LAW NAMED COMMERCIAL LITIGATION DEPARTMENT OF THE YEAR FOR THE SECOND TIME IN THREE YEARS

Retrieved on: 
Tuesday, May 30, 2023

MIAMI, May 30, 2023 /PRNewswire/ -- AXS LAW has again won the Florida Legal Award for Commercial Litigation Department of the Year 2023.

Key Points: 
  • MIAMI, May 30, 2023 /PRNewswire/ -- AXS LAW has again won the Florida Legal Award for Commercial Litigation Department of the Year 2023.
  • The article describing why AXS LAW earned the award can be accessed here .
  • The Team at AXS LAW delivers superior courtroom performance, written submissions, and client counseling, strategies and services.
  • AXS LAW was named Commercial Litigation Department of the Year based on several successful representations.

Religion of Sports Acquires Jiva Maya Expanding Global Reach and Increasing Content Development Efforts with Transcendent International Stories

Retrieved on: 
Wednesday, April 19, 2023

LOS ANGELES, April 19, 2023 /PRNewswire/ -- Religion of Sports, the Emmy Award-winning sports media company founded by director and producer Gotham Chopra, American football legend and Hall of Famer Michael Strahan, and seven-time Super Bowl champion Tom Brady, has acquired Jiva Maya, an UK-based production company formed in 2020 by writer and director Manish Pandey (Senna, Grand Prix Driver, Lucky!). The deal marks the second company that was brought underneath the ROS umbrella, both of which have come in 2023 (Main Event Media).

Key Points: 
  • "Jiva Maya allows us to plant a flag in Europe for ROS, engaging a new cadre of creators, producers and distribution networks," said Ameeth Sankaran, CEO of Religion of Sports.
  • Established in 2020, Jiva Maya's talented group has worked to create an unrivaled library of compelling sports content, such as Lucky!
  • "We are incredibly excited to be joining forces with Ameeth, Gotham and the entire team at Religion of Sports," said Manish Pandey, founder Jiva Maya.
  • With the acquisition, Jiva Maya will become ROS' European-based production arm and lead on developing global stories across football, motorsport, cricket and beyond.

Survey Results Shed Light on Electric Vehicle Ownership Concerns, a Dilemma Autel Energy is Solving

Retrieved on: 
Monday, April 17, 2023

Findings from a survey conducted by Dynata and Hill+Knowlton and presented by Autel Energy, a technology leader of commercial and residential chargers, reveal detailed results about buyer hesitation—an uncertainty Autel Energy is focused on alleviating.

Key Points: 
  • Findings from a survey conducted by Dynata and Hill+Knowlton and presented by Autel Energy, a technology leader of commercial and residential chargers, reveal detailed results about buyer hesitation—an uncertainty Autel Energy is focused on alleviating.
  • The survey found that 54% of adults are interested in owning an electric vehicle in the future, and 68% of families with children at home say they are interested in vehicle ownership.
  • However, significant concerns have to do with EV charging confidence rather than the quality or substantial impact EV cars can make.
  • "For Autel, the key to EV adoption and acceleration is reliable available EV charging hardware combined with consumer education," Thomas said.

ESKUTE Rolls Out Product Upgrades for 2023

Retrieved on: 
Tuesday, April 11, 2023

SHENZHEN, China, April 11, 2023 /PRNewswire/ -- ESKUTE, a fast-growing e-bike company, is rolling out a series of product upgrades to its product range in response to positive demand for its two-wheelers from the market.

Key Points: 
  • SHENZHEN, China, April 11, 2023 /PRNewswire/ -- ESKUTE, a fast-growing e-bike company, is rolling out a series of product upgrades to its product range in response to positive demand for its two-wheelers from the market.
  • The company has listened fully to customers' needs and aims to provide a better riding experience for them this year.
  • Besides the upgrades, ESKUTE is also launching a brand-new e-bike model this year, the Star, which is a folding fat-tire electric bike.
  • Looking beyond ESKUTE's upgrades for its products and new models this year, ESKUTE is also taking aim at improving its customer service offering.

CHICAGO AUTO SHOW'S WHAT DRIVES HER PROGRAM AWARDS FEMALE AUTOMOTIVE LEADERS

Retrieved on: 
Friday, February 17, 2023

CHICAGO, Feb. 17, 2023 /PRNewswire/ -- Chicago Auto Show organizers, in partnership with A Girls Guide to Cars and Women in Automotive, held the sixth What Drives Her program during the show's Media Preview on Friday, Feb. 10. Industry leaders from across the country came together for a robust discussion and award recognition ceremony to highlight women in four different categories: Rising Star, Best in Craft Media, Automotive Ally, and Best Retailer. Over the years, the event has welcomed dozens of leading female professionals to the stage to share trends, stories and personal anecdotes of the integral role that women hold in the auto industry.

Key Points: 
  • This year's program, sponsored by Cars.com and CDK Global, brought female executives to the Chicago Auto Show stage to discuss "Women Leading the EV Revolution."
  • "This year's program featured a panel of women who are accomplished in their field and also incredibly inspiring," said Jennifer Morand, co-founder of the What Drives Her program and general manager of the Chicago Auto Show.
  • "In addition to the breadth of themes discussed, it was a privilege to honor some of the industry's top leaders with the What Drives Her awards," continued Morand.
  • The What Drives Her program and award ceremony was livestreamed, courtesy of Reuters Events Automotive.

Motorsport Games Announces Closing of $4.03 Million Registered Direct Offering of Common Stock Priced At-the-Market Under Nasdaq Rules

Retrieved on: 
Monday, February 6, 2023

MIAMI, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today announced the closing of its registered direct offering priced at-the-market under Nasdaq rules which announced on February 3, 2023.

Key Points: 
  • MIAMI, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today announced the closing of its registered direct offering priced at-the-market under Nasdaq rules which announced on February 3, 2023.
  • In this latest offering, the Company issued 232,188 shares of its Class A common stock at a purchase price of $17.39 per share.
  • The aggregate gross proceeds to the Company from this offering was approximately $4.03 million, before deducting the placement agent’s fees and other offering expenses payable by the Company.
  • Motorsport Games currently intends to use the net proceeds from this registered direct offering and the recent registered direct offerings closed last week for development of multiple games, working capital and general corporate purposes.

Motorsport Games Converts All Remaining Debt in Additional Debt-for-Equity Exchange with Motorsport Network

Retrieved on: 
Wednesday, February 1, 2023

MIAMI, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today announced that the Company has entered into an additional debt-for-equity exchange agreement (the “Agreement”) with its majority stockholder, Motorsport Network, LLC (“Motorsport Network”), to repay $2,948,565.99 representing all remaining debt (including principal and accrued and not yet paid interest) of the Company under its $12 million line of credit with Motorsport Network.

Key Points: 
  • MIAMI, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today announced that the Company has entered into an additional debt-for-equity exchange agreement (the “Agreement”) with its majority stockholder, Motorsport Network, LLC (“Motorsport Network”), to repay $2,948,565.99 representing all remaining debt (including principal and accrued and not yet paid interest) of the Company under its $12 million line of credit with Motorsport Network.
  • Under the Agreement, for a period of 60 days from the closing of the transactions contemplated under the Agreement, the Company agreed to file a registration statement with the Securities and Exchange Commission (“SEC”) upon Motorsport Network’s demand in order to register the resale of the shares acquired by Motorsport Network under the Agreement, subject to the terms and conditions of the Agreement.
  • The Agreement also granted certain piggyback registration rights to Motorsport Network.
  • The foregoing summary of the Agreement is incomplete, and further details relating to the Agreement, including additional terms and conditions, and this transaction will be contained in the Current Report on Form 8-K the Company intends to file with the SEC later today or tomorrow.