Motorsport Games is a freshly traded company, with an explosive IPO. Holders of the NASCAR licensing contract, and curators of a self proclaimed 81 million strong esports audience, Motorsport is a powerhouse in the racing simulator space.
In theory, this company should be doing well, but reality is not a theory. With a stock price that has dropped by nearly 100%, wildly unlikely claims of success, and a near term cashflow problem likely to result in bankruptcy… the company is hemorrhaging partnerships and cruising for disaster. This is the spectacular implosion of Motorsport Games.
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