All NASCAR games will be delisted December 31st, confirms Motorsport Games
thesixthaxis.comMotorsport Games has confirmed that all of its NASCAR games will be delisted from digital storefronts on December 31st, 2024. This follows on from the sale of the NASCAR license to iRacing, which has been completed. Motorsport Games is not in the best of positions as it struggles with its finances, with recent financial results stating the company needs more funding to continue operations over the next year.
In a statement, Motorsport Games said, “To the NASCAR game community! From December 31, 2024, all NASCAR game titles and their DLC content will no longer be available for purchase on all digital storefronts but will remain available to play after this time. This includes the NASCAR Heat, NASCAR Rivals, and NASCAR Ignition franchises. Please lookout for various platform promotions this December to complete your NASCAR console game collection while you can! We sincerely thank our community for the enthusiasm and support you’ve shown for these games over the years and hope you have enjoyed racing with us.”
The recent third quarter 2024 financial results for Motorsport Games, have reference to the company’s troubles, with it saying, “Based on its cash and cash equivalents position and the average monthly cash burn, the Company does not believe it has sufficient cash on hand to fund its operations over the next year and that additional funding will be required in order to continue operations. In order to address its liquidity short fall, the Company is actively exploring several options, including, but not limited to: i) additional funding in the form of potential equity and/or debt financing arrangements or similar transactions; ii) other strategic alternatives for its business, including, but not limited to, the sale or licensing of the Company’s assets in addition to its recent sales of its NASCAR license and Traxion; and iii) further cost reduction and restructuring initiatives.”
Motorsport Games has already seen developers get laid off, and it seems the company
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