Ignition Gets a Tune-Up Under

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MIAMI, Sept. 21, 2022 (GLOBE NEWSWIRE) — Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”), a main racing sport developer, writer and esports ecosystem supplier of official motorsport racing sequence all through the world, introduced at present a season replace to NASCAR 21: Ignition (“Ignition”) to replicate the 2022 NASCAR Cup Series season. Updates to the title will likely be seen throughout Race Now, Online Multiplayer and the Paint Booth.

The 2022 Season Update will likely be accessible for obtain beginning October 6, 2022, for Sony PlayStation 4 and 5, Xbox One, Series S and X and PC by way of the Steam retailer. For present house owners of Ignition, each Standard and Champions Editions will be capable to obtain the replace without cost, whereas those that don’t presently personal Ignition should purchase Ignition at a lowered worth level ($19.99 USD) after which obtain the free set up. Additionally, NASCAR 21: Ignition – Victory Edition continues to be accessible, which can embrace the Season Pass 1 (2021 DLC content material), 2022 Season Update and Season Pass 2 (2022 DLC content material). A primary have a look at the brand new options throughout the sport may be seen in a trailer here.

The Ignition 2022 Season Update gives a variety of refreshed options for the title. Players will likely be greeted with refreshed person interface components, making navigation of menus and settings extra seamless. An upgraded HUD has additionally been developed with all new tire put on and gasoline indicators to carefully monitor the real-time standing of the automotive’s situation whereas racing. Furthermore, newly-recorded broadcast introductions from Motor Racing Network’s On-Air Announcer, Alex Hayden, will likely be featured all through. Gamers can even be capable to entry the present 2022 NASCAR Cup Series racetracks from each the common season and playoffs. The 2022 lineup of drivers, groups and paint schemes have been immediately pulled from the 2022 season, offering gamers with essentially the most up-to-date model of the game. The Ignition replace additionally sees the addition of all three Next Gen automotive fashions from Chevrolet, Ford and Toyota, playable on each NASCAR monitor.

“The 2022 NASCAR season has truly been historic with the addition of the Next Gen cars and exciting rookie drivers taking the grid by storm, so it was imperative for us to be able to replicate it within a game for our fans,” stated Jay Pennell, Brand Manager, NASCAR, at Motorsport Games. “We understand that players may be disappointed by the lack of a fully new standalone title this year, but we want to ensure that our mistakes from the previous release are not repeated. To that end, this season update serves as a bridge to our next official NASCAR title, which Motorsport Games is already hard at work developing to include many of the additions and gameplay updates our fans have requested over the past year. The 2022 Season Update is a proper reflection of the current NASCAR landscape and we look forward to continuing our work to provide the best possible experience for our players in the future.”

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To make it possible for the historic 2022 NASCAR Season is as accessible to as many gamers as attainable, Motorsport Games can also be releasing the 2022 content material additions into NASCAR Heat 5 and NASCAR Heat Mobile. With these updates, NASCAR’s 2022 season will likely be mirrored throughout all of Motorsport Games’ NASCAR properties. Players will be capable to make the most of the vehicles, drivers and groups from the 2022 NASCAR Cup Series season in Race Now and Online Multiplayer in NASCAR Heat 5 as purchasable downloadable content material. NASCAR Heat Mobile can even see the 2022 vehicles, drivers and groups up to date as selectable and purchasable content material.

For extra details about the NASCAR 21: Ignition 2022 Season Update, please go to www.nascarignition.com. To sustain with the newest Motorsport Games information, go to www.motorsportgames.com and comply with on Twitter, Instagram and Facebook.

About Motorsport Games:
Motorsport Games, a Motorsport Network firm, is a main racing sport developer, writer and esports ecosystem supplier of official motorsport racing sequence all through the world. Combining modern and interesting video video games with thrilling esports competitions and content material for racing followers and avid gamers, Motorsport Games strives to make the enjoyment of racing accessible to everybody. The Company is the formally licensed online game developer and writer for iconic motorsport racing sequence throughout PC, PlayStation, Xbox, Nintendo Switch and cellular, together with NASCAR, INDYCAR, 24 Hours of Le Mans and the British Touring Car Championship (“BTCC”), in addition to the business main rFactor 2 and KartKraft simulations. RFactor 2 additionally serves because the official sim racing platform of Formula E, whereas additionally powering Formula 1™ facilities by way of a partnership with Kindred Concepts. Motorsport Games is an award-winning esports companion of alternative for twenty-four Hours of Le Mans, Formula E, BTCC, the FIA World Rallycross Championship and the eNASCAR Heat Pro League, amongst others. Motorsport Games is constructing a digital racing ecosystem the place every product drives pleasure, each esports occasion is an journey and each story evokes.

Forward-Looking Statements:
Certain statements on this press launch which aren’t historic details are forward-looking statements throughout the which means 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 supplied pursuant to the protected harbor provisions of the Private Securities Litigation Reform Act of 1995. Any statements on this press launch that aren’t statements of historic truth could also be deemed forward-looking statements. Words equivalent to “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and related expressions are supposed to establish such forward-looking statements. These forward-looking statements embrace, with out limitation, statements in regards to the anticipated future affect of latest or deliberate merchandise, options and/or choices and the timing of launching such merchandise, options and/and choices, together with, with out limitation, Motorsport Games’ plans to proceed its work to supply the absolute best expertise for our gamers sooner or later. All forward-looking statements contain important dangers and uncertainties that would trigger precise outcomes to vary materially from these expressed or implied within the forward-looking statements, lots of that are typically outdoors the management of Motorsport Games and are troublesome to foretell. Examples of such dangers and uncertainties embrace, with out limitation, difficulties, delays in or unanticipated occasions which will affect the timing and scope of latest product launches, equivalent to attributable to: (i) difficulties or delays in utilizing its product growth personnel in Russia as a result of Russia invasion of Ukraine and the associated sanctions and/or extra restrictive sanctions rendering transacting within the area harder or pricey and/or difficulties and/or delays arising out of any resurgence of the continuing and extended COVID-19 pandemic; (ii) lower than anticipated advantages from implementing the Company’s administration methods; (iii) opposed financial, market and geopolitical situations that negatively affect business traits, equivalent to important modifications within the labor markets, an prolonged or greater than anticipated inflationary surroundings (such because the affect on shopper discretionary spending as a results of important will increase in power and gasoline costs which have been rising since early in 2020), a greater rate of interest surroundings, tax will increase impacting shopper discretionary spending and/or quantitative easing that ends in greater rates of interest that negatively affect customers’ discretionary spending; and/or (iv) difficulties and/or delays in resolving our liquidity place and monetary situation by acquiring extra capital to satisfy our liquidity wants, together with with out limitation, difficulties in securing funding that’s on commercially acceptable phrases to us or in any respect, equivalent to our incapability to finish in complete or partially any potential debt and/or fairness financing transactions, in addition to any incapability to attain price reductions and/or lower than anticipated availability of funds below Motorsport Games’ $12 million line of credit score from Motorsport Network. Factors aside from these referred to above might additionally trigger Motorsport Games’ outcomes to vary materially from anticipated outcomes. Additional examples of such dangers and uncertainties embrace, however are usually not restricted to: (i) delays and better than anticipated bills associated to the continuing and extended COVID-19 pandemic and any resurgence of COVID-19; (ii) Motorsport Games’ skill (or incapability) to keep up current, and to safe extra, licenses and different agreements with varied racing sequence; (iii) Motorsport Games’ skill to efficiently handle and combine any joint ventures, acquisitions of companies, options or applied sciences; (iv) unanticipated working prices, transaction prices and precise or contingent liabilities; (v) the flexibility to draw and retain certified workers and key personnel; (vi) opposed results of elevated competitors; (vii) Motorsport Games’ skill to guard its mental property; and/or (viii) native, business and normal business and financial situations. Additional components that would trigger precise outcomes to vary materially from these expressed or implied within the forward-looking statements may be present in Motorsport Games’ filings with the Securities and Exchange Commission (the “SEC”), together with its Annual Report on Form 10-Ok for the fiscal 12 months ended December 31, 2021, its Quarterly Reports on Form 10-Q filed with the SEC throughout 2022, in addition to in its subsequent filings with the SEC. Motorsport Games anticipates that subsequent occasions and developments could trigger its plans, intentions and expectations to alter. Motorsport Games assumes no obligation, and it particularly disclaims any intention or obligation, to replace any forward-looking statements, whether or not as a results of new info, future occasions or in any other case, besides as expressly required by regulation. Forward-looking statements converse solely as of the date they’re made and shouldn’t be relied upon as representing Motorsport Games’ plans and expectations as of any subsequent date. Additionally, the business and monetary supplies and every other assertion or disclosure on, or made accessible by way of, Motorsport Games’ web site or different web sites referenced or linked to this press launch shall not be included by reference into this press launch.

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Website and Social Media Disclosure:
Investors and others ought to be aware that we announce materials monetary info to our buyers utilizing our investor relations web site (ir.motorsportgames.com), SEC filings, press releases, public convention calls and webcasts. We use these channels, in addition to social media and blogs, to speak with our buyers and the general public about our firm and our merchandise. It is feasible that the knowledge we put up on our web sites, social media and blogs may very well be deemed to be materials info. Therefore, we encourage buyers, the media and others concerned about our firm to evaluation the knowledge we put up on the web sites, social media channels and blogs, together with the next (which checklist we’ll replace now and again on our investor relations web site):

The contents of those web sites and social media channels are usually not a part of, nor will they be included by reference into, this press launch.

Press:
ASTRSK PR
motorsportgames@astrskpr.com

A photograph accompanying this announcement is accessible at https://www.globenewswire.com/NewsRoom/AttachmentNg/d317a731-d4bc-4dfe-ae8b-992456e00f79



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