---
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"
generated_at: "2026-06-08T21:25:42.620552+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Motorsport Games loses BTCC license; BARC terminates due to missed obligations

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-039570
- JSON: https://secwatch.observer/filing/0001493152-23-039570.json
- Plain text: https://secwatch.observer/filing/0001493152-23-039570.txt

## Key facts
- Material Agreements
  Motorsport Games Inc. terminated BTCC License Agreement with BARC (TOCA) Limited (effective 2023-11-03).
  - Action: termination
  - Agreement: license
  - Counterparty: BARC (TOCA) Limited
  - Effective: 2023-11-03
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315223039570/0001493152-23-039570-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.