MIAMI, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Adam Breeden, the British pioneer of competitive socialization and the entrepreneurial force behind some of the industry's most successful concepts, has officially launched his most ambitious and exciting project yet. F1® Arcade, the world's first official premium F1 experience venue, opened in London on 12th December 2022 at One New Change, St Pauls.
The immersive, next-generation F1 racing simulation experience includes 60 F1 motion simulators powered by rFactor 2 racing simulation software provided by Motorsport Games, combined with exclusive F1® content, allowing drivers and guests to experience the thrill of racing through a best-in-class food and drink offering created by a chef and experienced bartenders.
"With a mission to bring the excitement of motorsports to everyone, we applaud the choice of rFactor 2 to bring the virtual racing experience and real-world driving and competition to F1® Arcade and its customers," said Dmitry Kozko, CEO of , a leading developer, publisher and provider of racing games for the esports ecosystem of official motorsport racing series around the world.
Dom Duhan, Executive Producer of Studio 397 added, "Our experienced simulation development team at Studio 397 was delighted to collaborate on the development of the racing elements and we hope customers will be impressed with the experience."
“Since we opened F1® Arcade in December, adoption has been absolutely phenomenal. Our goal was to present a truly innovative experience that makes sim racing accessible to everyone in a fun and competitive environment. To achieve this we needed a partner who could fully tailor the gaming experience, which is why we chose rFactor 2 and Motorsport Games to work with us on this project. Customer response in our first month has been fantastic and we look forward to welcoming many more to our first London location and future locations as we expand,” said Adam Breeden, Founder and CEO of Kindred Concepts.
Future plans for F1® Arcade include a location in Birmingham, UK in 2023, with additional locations featuring rFactor 2 to be announced. For all F1® Arcade news, follow @F1Arcade on social media platforms.
About racing games:
Motorsport Games, a Motorsport Network company, is a leading developer, publisher and provider of the esports ecosystem of official motorsport racing series around the world. By combining innovative and immersive video games with exciting eSports competitions and content for racing fans and gamers, Motorsport Games strives to make the joy of racing accessible to everyone. The Company is the officially licensed video game developer and publisher for iconic motorsport racing series for PC, PlayStation, Xbox, Nintendo Switch and mobile devices including NASCAR, INDYCAR, 24 Hours of Le Mans and the British Touring Car Championship ("BTCC") . . as well as the industry-leading simulations rFactor 2 and KartKraft. rFactor 2 also serves as the official Formula E racing simulation platform and supports F1 Arcade through a partnership with Kindred Concepts. Motorsport Games is an award-winning esports partner of choice for the 24 Hours of Le Mans, Formula E, BTCC, the FIA World Rallycross Championship and the eNASCAR Heat Pro League, among others. Motorsport Games is building a virtual racing ecosystem where every product excites, every esports event is an adventure, and every story inspires.
Forward-looking statements:
Certain statements in this press release that 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 statement in this press release that is not a statement of historical fact may be considered a forward-looking statement. Words such as "continue", "will", "may", "could", "should", "expect", "expect", "plan", "intend", "anticipate", "believe", "estimate", "Forecast", "potential" and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding expectations and benefits of the rFactor 2 simulation platform in operating F1® Arcade and expectations that future F1® Arcade locations will be operated by the rFactor 2 simulation platform. All forward-looking statements involve significant risks and uncertainties, which could cause actual results to differ materially from those expressed or implied by forward-looking statements, many of which are generally beyond Motorsport Games' control and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to: difficulties, delays or unforeseen events that may affect the timing and expected benefits of the rFactor 2 simulation platform, such as: B. Updates to rFactor 2 and/or related products and features. Factors other than those listed above may also cause motorsport match results to differ materially from expected results. Other examples of such risks and uncertainties include, but are not limited to: (i) higher than anticipated delays and expenses related to the ongoing and protracted COVID-19 pandemic, a resurgence of COVID-19 and the Russian invasion of Ukraine; (ii) Motorsport Games' ability (or inability) to maintain existing licenses and other agreements and to obtain additional licenses with various racing series; (iii) Motorsport Games' ability to successfully manage and integrate any joint venture, business acquisition, solution or technology; (iv) unanticipated operating expenses, transaction costs and actual or contingent liabilities; (v) the ability to attract and retain qualified employees and key personnel; (vi) adverse effects of increased competition; (vii) changes in consumer behavior, including as a result of general economic factors such as rising inflation, higher energy prices and higher interest rates; (viii) Motorsport Games' failure to protect its intellectual property; and/or (ix) local, industrial and general commercial and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements are contained in Motorsport Games' filings with the Securities and Exchange Commission (the "SEC"), including its annual report. K for the tax year ended December 31, 2021, its quarterly reports on Form 10-Q filed with the SEC in 2022 and 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 specifically disclaims any intention or obligation, to update any forward-looking statement, 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 on which they are made and should not be relied upon as representing Motorsport Games' plans or expectations as of a later date. In addition, commercial and financial materials and other statements or disclosures made on or through the Motorsport Games website or any other website referenced or linked to in this press release may not be incorporated into this press release by reference.
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