Motorsport Games, Inc. Class A (MSGM)

In the past six months, Motorsport Games' stock price has experienced significant fluctuations. The share price was $3.17 as of December 31, 2025, a 131.39% increase from $1.37 on January 2, 2025. Key events impacting the stock include strong Q2 and Q3 2025 financial results, milestones for Le Mans Ultimate, a debt-for-equity exchange with Motorsport Network, a $3.9 million registered direct offering, and news related to a Nasdaq listing requirement.

Specific details on demand seasonality for Motorsport Games are not explicitly provided. However, the video game industry typically sees increased demand during holiday seasons and around major game releases or esports events. The success of Le Mans Ultimate around the 24 Hours of Le Mans event suggests a potential seasonal spike tied to major motorsport events.

Motorsport Games Inc. is an American video game developer, publisher, and esports event organizer headquartered in Miami, Florida. The company operates in the Technology Services sector, focusing on combining video games with esports for racing enthusiasts. Its business is divided into Gaming, which develops and publishes racing video games like rFactor 2, KartKraft, Le Mans Ultimate, and the NASCAR series, and Esports, which organizes esports tournaments for its licensed games and third-party developers.

Motorsport Games Inc. is based in Miami, Florida, but serves a worldwide audience. Acquisitions like Studio 397 and 704Games have expanded its global reach across North America, Europe, and Asia.

Motorsport Games aims to create authentic racing games and is recognized as an award-winning esports partner. The success of Le Mans Ultimate and a summary judgment in its favor in a dispute with Innovate 2 Corp. have positively impacted its reputation. Challenges in NASCAR-related revenues and console projects could potentially temper aspects of its brand reputation.

Motorsport Games is primarily owned by retail investors (66.18%), followed by Motorsport Games insiders (30.15%), and institutional shareholders (3.67%). Major individual owners include Mike Zoi, Guoquan Huang, Francesco Piovanetti, Dmitry Kozko, and John Delta. Major institutional owners include Renaissance Technologies LLC, Heron Bay Capital Management, and Vanguard Group Inc. Insider buying has been more prevalent than selling in the past three months.