{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-039570","form_type":"8-K","ticker":"MSGM","cik":"0001821175","company_name":"Motorsport Games Inc.","filed_at":"2023-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.724846+00:00","generated_at":"2026-06-08T21:25:42.620552+00:00","sec_items":["1.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Motorsport Games loses BTCC license; BARC terminates due to missed obligations","bullets":["Exclusive BTCC license terminated effective Nov 3, 2023 by BARC due to missed product release and royalty obligations.","Approximately $0.8M in royalties and other sums became immediately due and payable to BARC.","Failure to satisfy obligations included non-release of BTCC gaming/esports products within two years and unpaid minimum guarantees."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-039570","json":"https://secwatch.observer/filing/0001493152-23-039570.json","markdown":"https://secwatch.observer/filing/0001493152-23-039570.md","text":"https://secwatch.observer/filing/0001493152-23-039570.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821175/000149315223039570/0001493152-23-039570-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821175/000149315223039570/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T21:25:42.620552+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"60668c6c527178440b7e969cec38292c81278b61","claim":"Motorsport Games Inc. terminated BTCC License Agreement with BARC (TOCA) Limited (effective 2023-11-03).","evidence_excerpt":"terminating the license agreement, dated May 29, 2020, by and between BARC and the Company (the “BTCC License Agreement”). The termination of the BTCC License Agreement was effective as of November 3, 2023.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821175/000149315223039570/0001493152-23-039570-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"license"},{"label":"Counterparty","value":"BARC (TOCA) Limited"},{"label":"Effective","value":"2023-11-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}