TIDMGFIN
RNS Number : 9055N
Gfinity PLC
07 June 2022
V10 R-League Season 3 live finals to be held in Abu Dhabi
Mercedes joins V10 R-League team roster
Gfinity plc (AIM: GFIN), a world leading esports and gaming
solutions provider, and Abu Dhabi Motorsport Management (ADMM) are
pleased to announce this year's V10 R-League will culminate in a
two day live final event at Yas Mall, Abu Dhabi. The event is being
held in partnership with new commercial partners Miral Group and
Etihad Airways, and with Abu Dhabi Gaming. The live finals will
deliver a dramatic conclusion to Abu Dhabi Gaming Month.
Season 3 sees Mercedes, the current F1 Esports driver and
constructor champions, join the V10 R League roster alongside Aston
Martin, Red Bull, Ford (Team Fordzilla), Suzuki Jean Alesi, Team
Redline, R8G Grosjean, BMW Motorsport, Williams Esports and the Abu
Dhabi based Yas Heat Team.
Extensive coverage of every race will be aired on BT Sport's TV
and free digital channels, which is in year two of its commercial
deal for exclusive broadcast rights in the UK. It is estimated that
BT Sport will broadcast 120 hours of racing of Season 3 on its TV
channel. Fans around the world can follow via livestream on YouTube
and Facebook and various team and driver Twitch channels.
The semi-finals, bronze medal match and final of the unique
racing league will be played in the iconic Yas Mall on the 22(nd)
and 23(rd) July 2022. The races are expected to generate a live
audience of more than 2,000 gaming fans each day.
V10 R-League Season 3 began on 3(rd) June 2022. Teams and
drivers will be competing over a five-week period to be one of the
four teams to take part in the live finals. The teams are competing
for a GBP100,000 prize pool.
The V10 R-League is the first championship in the Global Racing
Series partnership between Gfinity and ADMM. The Global Racing
Series is a long term, multi-championship initiative designed to
create competitions that redefine racing through unique formats
that are only possible in the virtual world.
Gfinity is a world leader in the design and delivery of virtual
racing programmes. In addition to its five-year partnership with
ADMM, signed on 4(th) June 2020, the Company recently announced a
contract extension with Formula 1 to deliver the 2022 F1 Esports
Pro Series. It has been working alongside Formula 1 since 2017.
Gfinity also owns one of the world's most visited dedicated virtual
motorsport websites www.racinggames.gg . Gfinity's proprietary
technology, Race Control, is used and trusted by all the major
teams taking part in F1 esports and V10 R-League for all
adjudication matters. Gfinity Engage, the company's proprietary
tournament and gamer engagement platform is also built for virtual
racing.
John Clarke, CEO of Gfinity said,
" The V10 R-League is going from strength to strength. The
competition format, combined with the fastest virtual car on the
track, has captured the imagination of teams, drivers, and fans.
The live finals in Abu Dhabi means every V10 R-League race and
match have an added edge. It will be a battle of nerves and driving
skills played out in front of a growing worldwide audience. With
the support of Abu Dhabi gaming the momentum that the V10 R-League
now has built will continue to grow. Let the racing begin with all
roads leading to Abu Dhabi. This is another example of Gfinity's
ability to innovate and broaden the audience for virtual
racing".
Saif Al Noaimi, CEO of ADMM said,
"We are delighted to announce the first live finals event of the
V10 R League will take place this summer at Yas Mall, with an
impressive roster of motorsports teams set to compete in this
year's final round in Abu Dhabi.
"We've seen tremendous success and growth of new driving talent
in recent years coming through the V10 R League and out onto the
tracks across the world including at Yas Marina Circuit. We look
forward to seeing the next generation of racers competing this
summer at the live finals."
-Ends-
Enquiries:
Gfinity plc John Clarke, CEO, www.ir@gfinity.net
Canaccord Genuity Limited (AIM Nominated Adviser & Broker)
Tel: +44 (0)207 523 8150 Bobbie Hilliam / Patrick Dolaghan
About Gfinity
Gfinity (AIM: GFIN) is a market-leading digital media publisher
and technology company in the rapidly growing esports and
competitive gaming sector. Created by gamers for the world's three
billion gamers, Gfinity has a unique understanding of this
fast-growing global community. It uses this expertise both to
provide advisory services and to design, develop and deliver
unparalleled experiences and winning strategies for game
publishers, sports rights holders, commercial partners, and media
companies.
Gfinity connects its partners with the esports community in
authentic and innovative ways. This consists of on--and-off-line
competitions and industry--leading content production.
Relationships include Activision Blizzard, EA SPORTS, F1 Esports
Series Red Bull, Abu Dhabi Motorsport Management and Coca Cola.
Gfinity connects directly with tens of millions of gamers each
month through its digital media group, Gfinity Digital Media.
Gfinity Digital Media includes websites such as: Gfinityesports,
RealSport101, Epicstream, Stock Informer, StealthOptional,
RacingGames.gg, MTGRocks.com and their respective social
channels.
All Gfinity services are underpinned by the Company's
proprietary technology platform, delivering a level playing field
for all competitors and supporting scalable multi-format leagues,
ladders, and knockout competitions.
About ADMM
Abu Dhabi Motorsports Management (ADMM), with its head office at
Yas Marina Circuit, Yas Island, has created unique, world class
experiences across Abu Dhabi since 2009.
ADMM have promoted and delivered globally significant events,
the Formula 1 Etihad Airways Grand Prix, alongside over 400 events
a year across motorsports, health and fitness, entertainment, and
major corporate conferences. The company also delivers a
significant programme of motorsport retail experiences for business
and consumer audiences at Yas Marina Circuit across the year. This
combined experience means that ADMM has a region-leading team with
expertise in event marketing, communications, promotions, and
project management.
Such talent firmly positions ADMM as a leader in sports
management. The company is now seeking to diversify into activities
and strategic ventures beyond Yas Marina Circuit to build towards a
broader long-term vision aligned with its partners and stakeholders
in Abu Dhabi.
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END
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(END) Dow Jones Newswires
June 07, 2022 02:00 ET (06:00 GMT)
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