Motorsport Games Welcomes Peter Moore to the Board of Directors of



MIAMI, August 25, 2021 (GLOBE NEWSWIRE) – Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport games” or the “Company”), a leading racing game developer, publisher and provider of official motorsport racing series esports ecosystems across the world, today announces the addition of Peter Moore, Leader of the gaming, entertainment and consumer industry for 30 years on its board of directors. Former Managing Director of Liverpool Football Club (“LFC”) – where he was named Premier League CEO of the Year – Moore is currently Senior Vice President and General Manager Sports and Live Entertainment at Unity Technologies. Moore’s directorial seat at Motorsport Games will give him the opportunity to bring his professional experiences in sports and games to bear with his personal passions for motorsports and cars.

In his current role at Unity Technologies, the world’s leading game engine developer, Moore is responsible for the growth of its sports and entertainment divisions. Previously at LFC, he was responsible for all of its business areas, commercial and operational – reporting directly to LFC, Fenway Sports Group. In his three seasons with Liverpool, the LFC life fan was not only named Premier League CEO of the Year, but also helped his home side win their first Premier League championship in 30 years in the Premier League. LFC 2019-2020 season. Moore previously led EA’s Competitive Gaming division – bringing new global competitions for EA franchises such as FIFA, Madden NFL and Battlefield to life – while also holding the titles of President at EA Sports and COO at EA, a position previously held by John Schappert, who is currently on Motorsport Games’ advisory board to the CEO of the company. In addition, prior to that, he held senior positions as Vice President of Interactive Entertainment Business at Microsoft, President and COO of SEGA of America and Senior Vice President of Marketing at Reebok International Ltd. Moore is also currently a member of the Cool Games Board of Directors.

“Joining the Motorsport Games Board of Directors during this exciting time in the company’s trajectory is an extremely exciting endeavor,” said Peter Moore, Executive Vice President / General Manager of Sports and Live Entertainment at Unity Technologies. “From the outside, I have seen the company expand its presence in the world of esports and racing. I look forward to bringing my experience to the table to help the business in new and innovative ways. Racing fans will want to keep an eye out for the Motorsport Games which continue to disrupt the industry. “

This news comes during a year of significant growth in Motorsport Games’ footprint in the racing games industry. Earlier this year, the company announced the acquisition of Studio 397 and KartKraft to further enhance its graphics capabilities and esport development. The acquisition of Studio 397 and the integration of its rFactor 2 technology has sparked excitement around this year’s NASCAR 21: Ignition title, which will be available on October 28, 2021 (with pre-orders starting on August 12, 2021, for Sony PlayStation 4, Microsoft Xbox One and PC via the Steam store). In addition, earlier this year Motorsport Games announced partnerships with INDYCAR and the Automobile Club de l’Ouest (“ACO”), the creators and organizers of the 24 Hours of Le Mans and the organizer and promoter of the World Championship. ‘FIA Endurance (“FIA WEC”), to bring all new game titles to the market in 2023.

“Motorsport Games is delighted to welcome Peter to our distinguished Board of Directors. We look forward to benefiting from his wealth of knowledge and experience as the company grows within the racing and gaming industry ”, said Dmitry Kozko, CEO of Motorsport Games. “This announcement continues to build on the momentum of the major acquisitions we made this year and including future NASCAR and INDYCAR titles that we look forward to our fans getting their hands on.”

Moore will take the seat from Rob Dyrdek, who is stepping down from the company’s board of directors. Dyrdek will remain involved with the company as a member of the CEO’s advisory board, where he will continue to leverage his media rights expertise.

The Motorsport Games Board of Directors is made up of leaders from the world of racing, gaming and business. Already rich in diverse backgrounds in the fields of law, finance, media and motorsport, the board of directors will now be able to draw on Moore’s decades of experience in esports and gaming. In addition to Dmitry Kozko, CEO and Executive Chairman of Motorsport Games, the board includes Neil anderson, former lawyer at Sullivan & Cromwell LLP, Francesco Piovanetti, CEO and Director of Arco Capital Corporation, Ltd. and Arco Global Management LLC and James William Allen, President of Motorsport Network. Moore will serve as an independent member of the board, and the board will continue to have a majority of independent directors.

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About Motorsport Games:
Motorsport Games, a Motorsport Network company, combines innovative and engaging video games with exciting esports competitions and content for racing fans and gamers around the world. The Company is the developer and publisher of officially licensed video games for iconic motorsport racing series including NASCAR, INDYCAR, 24 Hours of Le Mans and the British Touring Car Championship (“BTCC”). Motorsport Games is an award-winning esports partner of choice for the 24 Hours of Le Mans, Formula E, BTCC, FIA World Rallycross Championship and eNASCAR Heat Pro League, among others.

Forward-looking statements:
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as as amended, and are provided in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements in this press release, conference call and related webcast that are not statements of historical facts can be considered as forward-looking statements. Words such as “continue”, “will”, “could”, “could”, “should”, “” predict “,” potential “and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding future acquisitions or partnerships and the timing of such acquisitions or partnerships, the expected future impact of new or planned products, features or offerings and the timing of the launch of such products. , including, without limitation, Motorsport Games’ expectation for the game NASCAR 21: Ignition to launch on October 28, 2021, be it the announced partnerships with INDYCAR and ACO, the creators and organizers of the 24 Hours of Le Mans and organizer and promoter of FIA WEC, will bring new game titles to the market, if the acquisition of Studio 397 and KartKraft and the integration of rFactor 2 technology will further enhance Motorsport’s graphics capabilities and esport development. Games, if Motorsport Games will disrupt the racing games industry, and if Mr. Moore’s appointment to the Motorsport Games board will help Motorsport Games to grow. develop w in the racing and gaming industry. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally beyond the control of Motorsport Games and are difficult to predict. Examples of these risks and uncertainties include, but are not limited to, difficulties, delays or unforeseen events that may affect the timing and scope of new product launches, for example due to delays and expenses. higher than expected related to COVID – ongoing and prolonged. 19 or its pandemic variants. Factors other than those mentioned above could also cause Motorsport Games’ results to differ materially from expected results. Additional factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in the documents filed by Motorsport Games with the Securities and Exchange Commission (the “SEC”), including including its annual report on Form 10-K for the year ended December 31, 2020, its quarterly reports on Form 10-Q filed with the SEC in 2021, as well as in its subsequent filings with the SEC. Motorsport Games anticipates that subsequent events and developments may alter its plans, intentions and expectations. Motorsport Games assumes no obligation, and specifically disclaims any intention or obligation, to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date on which they are made and should not be taken to represent Motorsport Games’ plans and expectations at any later date. In addition, business and financial documents and any other statement or disclosure about or made available through the Motorsport Games website or other websites referenced or linked to this press release should not be incorporated by reference in this release. Press.

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Ashley De Simone
[email protected]

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