Nascar Rivals, Motorsport Games’ Official Game of the 2022

Motorsport Games Officially Licensed NASCAR Game to Bring Users Authentic and Customizable Racing Experiences, Available for Pre-order August 24

MIAMI, Aug. 17, 2022 (GLOBE NEWSWIRE) — Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”), a number one racing recreation developer, writer and esports ecosystem supplier of official motorsport racing sequence all through the world, pronounces as we speak its official online game of the 2022 season, NASCAR Rivals. This latest addition to the formally licensed NASCAR online game franchise will put the enjoyable and depth of the NASCAR Cup Series proper into the arms of customers in all places with the Nintendo Switch console and can embrace new options that elevate gamers’ driving expertise. NASCAR Rivals, previous to launching on October 14, 2022, can be out there for pre-order starting August 24, 2022 throughout main retailers and the Nintendo eShop ($49.99). A hyperlink to the trailer might be found here.

“NASCAR Rivals is Motorsport Games’ latest racing experience that meets fans where they are, giving real-life drivers and NASCAR fans alike the ability to take it on the go,” mentioned Dmitry Kozko, CEO of Motorsport Games. “As we continue to work alongside NASCAR to grow its gaming franchise, we’re excited to give players the opportunity to out-do themselves on the track wherever they are thanks to the Switch’s portability.”

Players have the alternative to compete and race in a spread of completely different modes in NASCAR Rivals, with one thing for everybody. ‘Race Now’ will enable gamers to pick out any driver/crew and race at any monitor on the 2022 NASCAR Cup Series circuit. ‘Career Mode’ offers gamers the probability to create their very own legacy in the sport by both becoming a member of an present crew or creating one of their very own, customizing their driver in the course of. ‘Challenges’ will put gamers into situations impressed by real-life on-track occasions to see if they’ve what it takes to finish the problem.

NASCAR Rivals is all about discovering rivals on the monitor or on the go along with a number of ‘Multiplayer’ features presenting customers with lots of choices for difficult others on the monitor. Players are capable of race in opposition to their pals utilizing the Nintendo Switch Joy Cons in ‘Split Screen’ mode or race on-line in opposition to 15 different gamers anyplace in the world with the on-line ‘Multiplayer’ characteristic. New to the recreation is the ‘Local Multiplayer’ characteristic during which gamers are capable of race in opposition to as much as seven different gamers on a neighborhood community.

The newest Nintendo Switch recreation from Motorsport Games will supply drivers the alternative to create customized and distinctive schemes using the enhanced ‘Paint Booth,’ which provides followers a bunch of customization choices. Unique driver avatars can be created with a spread of appearances, sponsor logos and extra.

NASCAR Rivals was developed by Motorsport Games to make sure followers are capable of embrace the depth and thrill of NASCAR to the fullest diploma with heightened accessibility via Nintendo’s transportable Switch console. Fans now have the potential to take NASCAR with them and compete in opposition to their rivals anyplace they go, be that at the racetrack, at dwelling and in all places in between.

About Motorsport Games:
Motorsport Games, a Motorsport Network firm, is a number one racing recreation developer, writer and esports ecosystem supplier of official motorsport racing sequence all through the world. Combining revolutionary and fascinating video video games with thrilling esports competitions and content material for racing followers and players, Motorsport Games strives to make the pleasure 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 cell, 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 as the official sim racing platform of Formula E. Motorsport Games is an award-winning esports accomplice 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 inside the that 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 offered 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 reminiscent of “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, however usually are not restricted to, statements regarding: (i) the launch of the NASCAR Rivals recreation on October 14, 2022 and its availability for pre-order starting August 24, 2022 throughout main retailers and the Nintendo eShop; (ii) the expectation that the new options of the NASCAR Rivals recreation will elevate gamers’ driving expertise; (iii) the expectation that the NASCAR Rivals recreation will allow the followers may have the potential to take NASCAR with them and compete in opposition to their rivals anyplace they go, be that at the racetrack, at dwelling and in all places in between; and (iv) the anticipated future influence of new or deliberate merchandise, options and/or choices and the timing of launching such merchandise, options and/and choices. All forward-looking statements contain important dangers and uncertainties that might trigger precise outcomes to vary materially from these expressed or implied in the forward-looking statements, many of that are usually exterior the management of Motorsport Games and are tough to foretell. Examples of such dangers and uncertainties embrace, however usually are not restricted to: difficulties, delays in or unanticipated occasions which will influence the timing and scope of new product launches and product options and playability, such people who might come up from (i) difficulties or delays in utilizing its product growth personnel in Russia because of the Russia invasion of Ukraine and the associated sanctions and/or extra restrictive sanctions rendering transacting in the area tougher or expensive or army actions in different elements of the world which will pressure world labor and provide chain sources and contribute to even larger inflation ranges; (ii) difficulties and/or delays arising out of any resurgence of the ongoing and extended COVID-19 pandemic; (iii) difficulties, delays or lower than anticipated leads to reaching the Company’s development plans, methods, goals and expectations, reminiscent of because of (A) a slower than anticipated financial restoration; (B) the Company’s lack of ability, in entire or partly, to proceed to execute its business methods and plans, reminiscent of because of lower than anticipated buyer acceptance of the Company’s new recreation titles, the Company’s experiencing difficulties or the lack of ability to launch its video games as deliberate, lower than anticipated efficiency of the video games impacting buyer acceptance and gross sales and/or higher than anticipated prices and bills to develop and launch its video games, together with, with out limitation, larger than anticipated labor prices and fewer than anticipated entry to liquidity on phrases acceptable to the Company, or in any respect, whether or not because of the Company’s persevering with monetary situation and/or difficulties or delays in acquiring further debt and/or fairness financing to satisfy its liquidity necessities financing; and/or (iv) opposed financial, market and geopolitical situations that negatively influence business developments, reminiscent of important modifications in the labor markets, an prolonged or larger than anticipated inflationary atmosphere (reminiscent of the influence on client discretionary spending because of this of important will increase in power and fuel costs which have been rising since early in 2020), the next tax fee and rate of interest atmosphere impacting client discretionary spending. Factors apart from these referred to above may additionally trigger Motorsport Games’ outcomes to vary materially from anticipated outcomes. Additional examples of such dangers and uncertainties embrace, however usually are not restricted to: (i) Motorsport Games’ potential (or lack of ability) to keep up present, and to safe further, licenses and different agreements with varied racing sequence; (ii) Motorsport Games’ potential to efficiently handle and combine any joint ventures, acquisitions of companies, options or applied sciences; (iii) unanticipated working prices, transaction prices and precise or contingent liabilities; (iv) the potential to draw and retain certified staff and key personnel; (v) opposed results of elevated competitors; (vi) modifications in client conduct, together with because of this of normal financial elements, reminiscent of elevated inflation, larger power costs and better taxes and rates of interest; (vii) Motorsport Games’ potential to guard its mental property; and/or (viii) native, business and normal business and financial situations. Additional elements that might trigger precise outcomes to vary materially from these expressed or implied in the forward-looking statements might be present in Motorsport Games’ filings with the Securities and Exchange Commission (the “SEC”), together with its Annual Report on Form 10-Okay for the fiscal yr 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 might trigger its plans, intentions and expectations to vary. Motorsport Games assumes no obligation, and it particularly disclaims any intention or obligation, to replace any forward-looking statements, whether or not because of this 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 out there via, 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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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 public about our firm and our merchandise. It is feasible that the info we publish on our web sites, social media and blogs could possibly be deemed to be materials info. Therefore, we encourage buyers, the media and others fascinated by our firm to assessment the info we publish on the web sites, social media channels and blogs, together with the following (which record we’ll replace every now and then on our investor relations web site):

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

Press:
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