Penske Entertainment and iRacing will move forward with a new business arrangement that will see the racing simulation company expand its range of offerings for the NTT IndyCar Series and the Indianapolis 500.The deal does not, so far, include the creation of a console game for IndyCar, but RACER understands...

IndyCar has terminated its license agreements with Motorsport Games, a Securities and Exchange Commission filing revealed this week. In the filing, IndyCar cited Motorsport Games’ “failure to satisfy certain of its obligations under the IndyCar License Agreements, including making IndyCar racing series video gaming products available in the United States.”As...

The decision Penske Entertainment didn’t want to make with its beleaguered video game vendor was made for it on Tuesday when Motorsport Games announced, “the suspension of the development of our previously planned INDYCAR game, to decrease operating expenses whilst also removing projects that are underperforming or are unlikely to...

Penske Entertainment CEO Mark Miles says the NTT IndyCar Series he oversees is continuing to monitor the progress and developments taking place with its chosen video game producer, Motorsport Games.“We are in regular communication with Motorsport Games to get the information that we need to decide what's best for us...

In a significant development to NASCAR’s video game product, iRacing has acquired the license to produce NASCAR console games from Motorsport Games. The transfer of the license brings control of NASCAR’s console game properties under the ceiling of iRacing, which has controlled the series’ PC gaming property for over a...

Motorsport Games announced in an earnings call on Friday that its dedicated IndyCar game will not be released in 2023, as the company's 2022 fourth-quarter financial report painted a grim picture of its financial state.“Based on this cash and cash equivalents position, and the Company’s average cash burn, we do...

The NTT IndyCar Series will solve one of its greatest deficiencies by having a new and dedicated console and PC game ready for debut in 2023. Set for the same year where the series will introduce its first hybrid engine package, a new IndyCar game for PlayStation and Xbox platforms,...

Formula E has launched the first major fundraising initiative of its partnership with UNICEF: the ABB Formula E Race at Home Challenge, a nine-week Esports competition featuring all the teams and drivers from the ABB FIA Formula E Championship, as well as a selection of top gamers. The competition will...