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Gfinity signs multi-year agreement with Formula 1
Gfinity signs multi-year agreement with Formula 1.
About this update from Gfinity Plc
[{"type":"text","content":"\n \n \n RNS Number : 4594N\n Gfinity PLC\n 20 May 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 20 May 2020\n \n \n \n \n \n Gfinity plc\n \n \n (\"Gfinity\" or the \"Company\")\n \n \n Gfinity signs multi-year agreement with Formula 1 to deliver F1 Esports Series \n \n \n Virtual Grand Prix extended to June of this year\n \n \n Gfinity (AIM: GFIN), a world-leading esports and gaming solutions provider, announces that it has extended its relationship with F1 and been appointed to deliver the main elements of the F1 Esports Series in 2020 and 2021, and the 2022 qualifying events. In addition, the previously announced F1 Esports Virtual Grand Prix Series has been extended to June of this year. \n \n \n As part of the agreement for the F1 Esports Series, in 2020 Gfinity will deliver the Pro Draft Reveal Show and the Pro Series; \n in 2021 Gfinity will deliver the Challenger Series qualifying events, Pro Draft live show and Pro Series; and in 2022, Gfinity will deliver the qualifying events. Full details of the 2020 season format will be announced in due course. \n \n \n Under the terms of the contract, Gfinity will deliver a dedicated account management team responsible for the delivery of all elements of the programme; a full league operations team responsible for writing all rules and governing the drivers participating in the tournament; and provide the use of 'Race Control', Gfinity's proprietary in-race adjudication system. The Gfinity Arena in London will also be the main venue for live broadcasts.\n \n \n Gfinity has been working with Formula 1 and Codemasters (CDM.L), a leading UK publisher of racing games, to design, develop and deliver the main elements of the F1 Esports Series since 2017. \n \n \n In addition, further to the announcement on 23 March 2020 that Gfinity had been selected to deliver the new F1 Esports Virtual Grand Prix Series, the Series has now been extended until June. The Virtual Grand Prix Series will replace each live F1 Grand Prix that has been postponed due ...