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Gfinity and ADMM launch V10 R-League
Gfinity and ADMM launch V10 R-League.
About this update from Gfinity Plc
[{"type":"text","content":"\n \n \n RNS Number : 1900V\n Gfinity PLC\n 05 August 2020\n \n \n \n \n The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n \n 05 August 2020\n \n \n Gfinity plc\n \n \n (\"Gfinity\" or the \"Company\")\n \n \n \n \n \n ADMM and Gfinity announce launch of new digital motorsport competition V10 R-League, as part of Global Racing Series\n \n \n \n \n \n \n \n \n Gfinity (AIM: GFIN), a world-leading esports and gaming solutions provider, and Abu Dhabi Motorsport Management (ADMM) have today launched a new digital motorsport competition, the V10 R-League. The V10 R-League is launched as part of the Global Racing Series, the first stage of the activation of the 5-year agreement between ADMM and Gfinity announced on 4 June 2020. The Global Racing Series will feature a range of internationally focused virtual motorsport leagues and competitions, designed to provide commercial opportunities with brands, broadcasters and teams. \n \n \n \n \n \n The V10 R-League, the first league under the Global Racing Series, will involve eight teams competing against each other in a round robin-head-to-head format. Two seasons will run per year and the teams are competing for a prize pot of £100,000 per season. The first of the eight teams to be announced are Ford (Fordzilla), JAESA Team Suzuki, Williams Esports and BWT Racing Points Esports Team. \n \n \n \n \n \n Season 1 will consist of seven rounds of matches. Each match will include a one on one race, a relay race and a first past the post format. Races will take place across seven iconic tracks and the teams will race in a brand-new car specifically designed for the V10 R-League.\n \n \n \n \n \n The professional sim drivers will race virtually on a full racing rig, with their camera and audio feeds controlled live from Gfinity's TV studio in Fulham, London. All content will be available across the Gfinity Digital Media Network and all team channels, as well as through regional and global distribution partners. Season 1 will air 'as live' at the end o...