Report: NASCAR Holding Secret Internal Meetings as They Confront Fans’ Anger at Company’s $35.9 Million Failure

Imagine a driver suddenly being transported to a pit stop from the track and then held hostage in that looping pit for around nine and a half hours. Yes, that’s precisely what happened to a streamer trying to play NASCAR 21: Ignition. Plagued by glitches and bad reviews from players, Motorsports Games’ first attempt at developing a NASCAR game from scratch was, safe to say, a disaster. However, with a million-dollar suit already looming over the governing body, can it spare any more time or money on stepping up its game?

Last season, NASCAR rejected a sponsorship deal from LGB Coin (by Lets Go Brandon Foundation). And due to this, the combined value of their cryptocurrency plunged from $570 million to zero within weeks. Enraged by the losses, the foundation filed a suit against the governing body. Moreover, they demanded that NASCAR “must pay monetary damages of no less than $391 million.”

And now, news about NASCAR’s video game causing huge losses for its developer Motorsport Games has raised serious concerns.

NASCAR discusses the state of its video games

Last month, Insider Gaming journalist Mike Straw shared that Motorsports Games has reported a net loss of $35.9 million for 2022.

And owing to the failure of NASCAR 21, the governing body has been actively looking to get out of its current agreement with the video game developers.

Hence, it’s no surprise that the governing body is holding multiple internal meetings to discuss the present state of its video games. As reported by Mike Straw in his tweet, NASCAR would soon be arranging a meeting with Motorsports Games to get answers about the lack of new releases and other important issues.

READ MORE: Kyle Busch Controversially Named the Most Valuable Driver on NASCAR 21: Ignition

But can’t another developer replace Motorsport Games?

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It could, but only when the governing body finds a way of getting out of its agreement with Motorsports Game that expires sometime late in the decade. However, this would not at all be easy. As per Jalopnik, discussing the hurdles in ending the contract earlier, Mike Straw wrote, “It’s not a case of one side just deciding to cancel and move on. NASCAR is going to have to — and has been working on — building up a case to present to warrant early termination.”

“While Motorsport Games will simply point to the existing agreement that expires late in the decade and use reasoning such as the transition to a brand new game engine for the problems with NASCAR 21: Ignition, NASCAR itself will have to present more than that.”

The constant glitches and issues in the game have also enraged NASCAR fans who recently demanded the governing body to ‘pull the plug’ on it. Moreover, with the news of losses and multiple internal meetings surrounding the matter, there is no doubt that Motorsports Games might actually be in trouble when it comes to its agreement with NASCAR.

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