P1racenews AI automatic summary:
Motorsport Games, which owns the license to exclusively produce video games featuring the NTT IndyCar Series, announced on Tuesday that
During Motorsport Games’ third quarter earnings call, it was revealed that the company had sold its NASCAR license to iRacing as part of its ongoing cost reduction plan. Furthermore, the company confirmed the closure of its major development studio in Australia and the suspension of the planned IndyCar game. Motorsport Games’ CEO, Stephen Hood, stated that these measures were taken to decrease operating expenses and remove underperforming projects. The announcement marks the end of the company’s efforts to create an IndyCar video game, which was supposed to be released in 2023. However, Motorsport Games still holds the license for IndyCar and plans to resume development in the future.
Forrás: Motorsport Week
