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Embattled video game publisher Motorsport Game has agreed to a new payment plan to secure rFactor 2 and Le Mans Ultimate developer Studio 397.
While the Dutch outfit is under the stewardship and ownership of Motorsport Games, with the the acquisition announced as complete in May 2021, the final amounts owed to its prior custodian Luminis remain unpaid.
According to Motorsport Games’ financial reporting, as of 30th September 2024, it deferred payment of $0.6 million, plus unpaid accrued interest of $0.3 million, to Luminis International B.V. and Technology In Business B.V. for the purchase of Studio 397.
Today, 26th February 2025, Motorsport Games has published a new agreement that will see $750,000 be paid to Luminis across five instalments. These must be paid commencing 5th March 2025, running through 2nd April, 5th May, 4th June and 3rd July.
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