Iracing Acquires Nascar Team Properties' Exclusive Simulation-Style Console Racing Game License
Oct 05, 2023•almost 2 years ago
Acquiring Company
iRacing
Acquired Company
Simulation-Style Console Racing Game License
Description
NASCAR®, iRacing and Motorsport Games Inc. (NASDAQ: MSGM) ("Motorsport Games") announced today that iRacing has acquired NASCAR Team Properties' (NTP) exclusive simulation-style console racing games license from Motorsport Games. The sale, approved by NTP, will see the license transfer from 704Games, a wholly owned subsidiary of Motorsport Games, to iRacing, which will begin developing a NASCAR console game expected in 2025.
DealWatch™ Score
63
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