Embattled racing game creators, Motorsport Games, has enlisted the help of industry veteran Frank Sagnier.
As CEO of British studio Codemasters between 2014 and 2022, Sagnier led the driving title developer through an initial public offering, the purchase of Slightly Mad Studios and the sale to Electronic Arts in February 2021 for $1.2 billion.
Since then, he continues to serve as a non-executive chair of both virtual reality developer NDreams and Steel City Interactive, plus as Vice Chairman of Focus Entertainment.
The news follows a public Form 8-K listing to the United States Securities and Exchange Commission, submitted on 13th February 2023 by the Nasdaq-listed company.
“Frank Sagnier will be providing Motorsport Games with advisory services and will work with the Motorsport Games leadership team to help define the product roadmap and drive growth,” reads the filing.
The Miami-headquartered business is expected to launch an official IndyCar game at some point within 2023, alongside a new NASCAR title and presumably NASCAR Heat 5 2022-season DLC, which seems to be missing at this point.
The news follows a catalogue of heavy losses, rumours of discontent, the raising of funds due to a sudden spike in stock valuation and the appointment of another Codemasters alumnus, Nav Sunner, as an Independent Director.
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Image Credit: Motorsport.tv
