Le Mans Ultimate To Add First LMGT3 Cars, Interlagos as DLC with Hosted Private Servers and Optional Subscription Features

Rhea-AI Summary

Motorsport Games (NASDAQ: MSGM) announced a major update for Le Mans Ultimate coming December 10, 2024. The update introduces four new LMGT3 category cars, with the McLaren 720S LMGT3 Evo available for free. Pack 3 of the 2024 Season Pass includes three additional LMGT3 cars and the Interlagos circuit. The update brings significant improvements including private server hosting capabilities, 30% faster loading times, and enhanced physics systems.

A new RaceControl Pro subscription service launches with prices starting at $4.00 monthly for Pro and $7.00 for Pro+ (annual terms). Pro+ subscribers get access to all DLC content for Le Mans Ultimate and rFactor 2. The 2024 Pack 3 DLC is priced at $17.99, while the Season Pass costs $48.99.

Positive

• Introduction of new revenue stream through RaceControl Pro subscription service
• Performance improvements with 30% reduction in loading times
• Expansion of game content with new LMGT3 cars and Interlagos circuit
• New monetization opportunities through private server hosting service

Negative

• None.

Insights

Gaming Industry Analyst

This release represents minimal financial impact for Motorsport Games despite adding new content and features. The DLC pricing strategy ($17.99 per pack or $48.99 for Season Pass) and subscription model ($4-7 monthly) are standard for the industry but unlikely to generate significant revenue given MSGM's small market cap and user base.

While the addition of private servers and new car models may improve user engagement, the revenue potential is by the niche nature of simulation racing games. The subscription model through RaceControl could provide recurring revenue, but adoption rates for premium features in racing sims typically remain low. The free McLaren car offering, while good for player acquisition, indicates a focus on growing the user base rather than immediate monetization.

MIAMI, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) is set to release the next update for “Le Mans Ultimate”, the official game of the FIA World Endurance Championship and the 24 Hours of Le Mans on December 10 2024. This latest update increases the content available to players by adding four of the new for 2024 LMGT3 category cars. The McLaren 720S LMGT3 Evo will be available for free to all users in Early Access and the remainder forms Pack 3 of the 2024 Season Pass along with the Interlagos circuit.

Significant game updates, expected to increase player experience, also come in this update. The ability for players to host their own game server has been added, unlocking the ability to run races with friends and communities for the first time. Players can access this paid-for server service via www.racecontrol.gg.

Further game improvements are also to be found across the board with technology improvements showing a significant decrease in loading times of around 30% and memory utilization improvements should improve performance for many users, particularly at race starts. From a physics perspective, a detailed ABS system to support the new LMGT3 category has been added and other enhancements have been made as the result of real-world data and feedback from drivers, teams and manufacturers.

Additionally, a new optional RaceControl Pro subscription for players is now available, allowing users access to extended online features, including a unique Online Championship mode aimed at competitive players which is expected to be made available in future power online esports competitions such as 24 Hours of Le Mans Virtual and the Le Mans Virtual Series. A Pro+ account includes all Pro benefits but includes all DLC content for Le Mans Ultimate and for Studio 397’s rFactor 2 for as long as their subscription remains active. Prices start from $4.00 per month for this subscription on an annual term for RaceControl Pro users and $7.00 for Pro+ with sign up also available exclusively through www.racecontrol.gg. Final prices paid may be subject to local taxes where applicable.

Available for free to all users in Early Access is the McLaren 720S LMGT3 Evo. This car from the British supercar brand gives all users a taste of LMGT3 machinery and can be raced against all other cars in the category both in online and offline game modes, regardless of whether they own additional content or not.

The third of four DLC packs, named “2024 Pack 3” contains the Interlagos circuit and the remaining LMGT3 cars included in this release. The Ferrari 296 LMGT3, Corvette Z06 LMGT3.R and BMW M4 LMGT3, as piloted by MotoGP™️ superstar Valentino Rossi in this year’s FIA World Endurance Championship, all bring unique sportscar experiences to the title for players to enjoy with immersive sound and distinctive physics models as they battle for supremacy out on the track.

The pack is on sale at an early access price of £13.99 / €16.99 / $17.99 or users can purchase the Season Pass for £39.99 / €46.99 / $48.99. The Season Pass includes four packs in total with Pack 1 and 2 already released in July and September 2024 respectively. The remaining pack is expected for players to enjoy in Early 2025 and are scheduled to include the remaining 3 LMGT3 cars and 1 more circuit - all users will be receiving an additional LMGT3 car as a free download without purchase to bring the total grid of LMGT3 cars to 9.

“This is perhaps our biggest update yet to Le Mans Ultimate,” enthused Stephen Hood, CEO of Motorsport Games. “Players can finally race against friends in communities and leagues by hosting their own server and we have also delivered hotly anticipated LMGT3 cars, perfect for all skill levels with uniquely high-fidelity physics modelling in their construction.”

“Additionally, it is very pleasing to further expand the feature set of our growing online service deployed through RaceControl. The long-promised optional subscription tier we believe offers great value in both the additional online features and the ability for Pro+ subscribers to get the ‘all you can eat’ DLC content across all Studio 397 games in one easy monthly or annual price.”

To purchase Le Mans Ultimate, the Season Pass, or individual DLC Packs, visit Le Mans Ultimate on Steam. Head to www.racecontrol.gg to configure private servers or subscribe to the new RaceControl Pro or Pro+ account options.

About Motorsport Games: 

Motorsport Games is a racing game developer, publisher and esports ecosystem provider of official motorsport racing series. Combining innovative and engaging video games with exciting esports competitions and content for racing fans and gamers, Motorsport Games strives to make racing games that are authentically close to reality. The Company is the officially licensed video game developer and publisher for iconic motorsport racing series including the 24 Hours of Le Mans and the FIA World Endurance Championship, recently releasing Le Mans Ultimate in Early Access. Motorsport Games also owns the industry leading rFactor 2 and KartKraft simulation platforms. rFactor 2 also powers F1® Arcade through a partnership with Kindred Concepts. Motorsport Games is also an award-winning esports partner of choice for the 24 Hours of Le Mans, creating the renowned Le Mans Virtual Series. Motorsport Games is building a virtual racing ecosystem where each product drives excitement, every esports event is an adventure, and every race inspires.

For more information about Motorsport Games visit: www.motorsportgames.com.

Forward Looking Statements

Certain statements in this press release which 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 amended, and are provided pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any statements in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to identify such forward-looking statements.

These forward-looking statements include, but are not limited to, the statements concerning releasing the next update for “Le Mans Ultimate”, increasing the content available to players by adding four of the new for 2024 LMGT3 category cars, significant game updates increasing player experience, unlocking the ability to run races with friends and communities, technology improvements decreasing in loading times and memory utilization improvements improving performance for many users particularly at race starts, including Online Championship mode in future power online esports competitions and the RaceControl optional subscription tier offering great value in both the additional online features and the ability to get DLC content across all Studio 397 games in one easy monthly or annual price. 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 outside the control of Motorsport Games and are difficult to predict. Examples of such risks and uncertainties include, without limitation, the ability to release the next update for “Le Mans Ultimate” as scheduled and the ability of the game updates to increase the player experience, decrease loading times and improve performance for users.

Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in Motorsport Games’ filings with the Securities and Exchange Commission (the “SEC”), including its Annual Report on Form 10-K for the fiscal year ended December 312023, as well as in its subsequent filings with the SEC. Motorsport Games anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Motorsport Games assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, 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 they are made and should not be relied upon as representing Motorsport Games’ plans and expectations as of any subsequent date. Additionally, the business and financial materials and any other statement or disclosure on, or made available through, Motorsport Games’ website or other websites referenced or linked to this press release shall not be incorporated by reference into this press release.

Website and Social Media Disclosure

Investors and others should note that we announce material financial information to our investors using our investor relations website (ir.motorsportgames.com), SEC filings, press releases, public conference calls and webcasts. We use these channels, as well as social media and blogs, to communicate with our investors and the public about our company and our products. It is possible that the information we post on our websites, social media and blogs could be deemed to be material information. Therefore, we encourage investors, the media and others interested in our company to review the information we post on the websites, social media channels and blogs, including the following (which list we will update from time to time on our investor relations website):

Websites	Social Media
motorsportgames.com	Twitter: @msportgames
	Instagram: msportgames
	Facebook: Motorsport Games
	LinkedIn: Motorsport Games

The contents of these websites and social media channels are not part of, nor will they be incorporated by reference into, this press release.

Contacts:

Investors:
Investors@motorsportgames.com

Media:
PR@motorsportgames.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3ee2e080-51c7-4bcd-8631-192717ba8b68

FAQ

When will Motorsport Games (MSGM) release the Le Mans Ultimate December update?

The update will be released on December 10, 2024.

How much does the RaceControl Pro subscription for MSGM's Le Mans Ultimate cost?

RaceControl Pro starts at $4.00 per month (annual term), while Pro+ subscription starts at $7.00 per month.

What is included in MSGM's Le Mans Ultimate 2024 Pack 3 DLC?

Pack 3 includes the Interlagos circuit and three LMGT3 cars: Ferrari 296 LMGT3, Corvette Z06 LMGT3.R, and BMW M4 LMGT3.

What is the price of Le Mans Ultimate's Season Pass from MSGM?

The Season Pass costs $48.99 and includes four DLC packs in total.