Business
Gfinity renews partnership with Formula 1
Gfinity renews partnership with Formula 1.
About this update from Gfinity Plc
[{"type":"text","content":"\n \nRNS Number : 8733U Gfinity PLC 02 April 2019 \n\n2 April 2019\nGfinity plc \n(\"Gfinity\" or the \"Company\") \n \nFormula 1® and Gfinity renew partnership to deliver third Formula 1 New Balance Esports Series \n \nGfinity (AIM: GFIN), a world-leading esports solutions provider, announces that it has renewed its partnership with Formula 1® for a third F1 New Balance Esports Series. The new season will commence on 8 April 2019. It has been extended to include more adrenaline fuelled racing and prize money has doubled, with the official F1 teams battling it out for $500,000.\n \nGfinity is responsible for delivering a dedicated account management team; a full league operations turnkey solution that includes writing all tournament rules governing the drivers participation in the Tournament; player and team logistics; marketing and media support; strategy and delivery of all broadcast components of the live events; and the use of the Gfinity Arena for all live broadcasts.\n \nLike the 2018 season, which reached a record audience of 5.5 million viewers across selected TV networks and a dedicated live stream, this season will be split into Qualifying, a Pro Draft and the Pro Series. Each segment of the 2019 Series has been expanded, making this the biggest and most ambitious season yet. \n \nA longer qualifying window will give even more of the world's top drivers and aspiring gamers the chance to compete for a place in the prestigious Pro Draft. All entrants will compete in F1 2018, the official game of the FIA FORMULA ONE WORLD CHAMPIONSHIP™, on the PlayStation®4 computer entertainment system, the Xbox One family of devices including the Xbox One X and PC. \n \nThe Pro Draft will take place over two days in July and is where the official F1 teams will select the drivers they want to add to their roster to represent them in the Pro Series. A series of high stakes race-offs on day one will identify the best of the best from the drivers that qualified. The slowest drivers will be eliminated, while the fastest will make up the final pool from which the teams will make their picks on day two. Every official F1 team must select at least one of its drivers from the Pro Draft.\n \nThe expanded season means that at the Pro Series, the official F1 teams and their drivers will now c...