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SEGG Media-Backed Drivers Return to Historic Milwaukee Mile for Penultimate Weekend of the 2025 IndyCar Season
Globenewswire· 2025-08-21 13:30
Core Insights - SEGG Media Corporation is actively involved in the 2025 NTT INDYCAR and INDY NXT by Firestone seasons, supporting three drivers competing at the Milwaukee Mile [1][2] Group 1: Driver Highlights - Louis Foster, the 2024 INDY NXT champion, returns to Milwaukee leading the INDYCAR Rookie of the Year standings by six points, driving for Rahal Letterman Lanigan Racing [3][5] - Callum Ilott enters Milwaukee with momentum from consecutive top-six finishes, marking a career-best for him and PREMA Racing in their first INDYCAR season [5][6] - Seb Murray is making his debut at Milwaukee in Indy NXT, having shown impressive performance during preseason testing [8] Group 2: Branding and Visibility - All three drivers will prominently display SEGG Media's brands, Lottery.com and Sports.com, on their cars and helmets, ensuring maximum visibility during the races [4][6][8] - The branding will be featured across various positions on the cars, including rear wings and front wings, as well as on racewear, enhancing SEGG Media's presence in the racing events [11] Group 3: Event Schedule - The race weekend is scheduled for August 23 and 24, with the main race taking place at 2:00 p.m. ET on August 24, broadcasted on FOX and Sky Sports F1 [9][11] Group 4: Company Overview - SEGG Media Corporation operates a portfolio of digital assets, including Sports.com, Concerts.com, and Lottery.com, focusing on immersive fan engagement and ethical gaming [10]
Formula One Group: Lots To Look Forward To
Seeking Alpha· 2025-08-20 12:03
Group 1 - Formula One is celebrating its 75th anniversary, indicating the time required to establish a truly global racing league [1] - Moto GP, a sibling series to Formula One, has been in existence since 1949, one year prior to the inaugural F1 race at Silverstone in the UK [1] Group 2 - The article reflects a long-term investment perspective, emphasizing the importance of knowledge accumulation and strategic thinking in investment [1]
UniFirst No. 9 Chevrolet Gears Up for Exciting Night Race at Richmond Raceway on August 16
Prnewswire· 2025-08-12 14:00
Company Overview - UniFirst Corporation is a North American leader in providing customized business uniform programs, facility service products, and first aid and safety services [1][7] - The company operates over 270 service locations and serves more than 300,000 customer locations, outfitting over 2 million workers daily [7] NASCAR Partnership - UniFirst is excited to announce the return of the UniFirst No. 9 Chevrolet driven by Chase Elliott to the NASCAR Cup Series, with the race scheduled for August 16 at Richmond Raceway [1][2] - This event is part of a decade-long partnership with Hendrick Motorsports, highlighting the company's commitment to performance and service [3][4] Sponsorship and Branding - The UniFirst No. 9 Chevrolet features a bold green and gray design with the iconic "U-Mark," emphasizing the brand's visibility and dedication [3] - This year marks UniFirst's sixth season as the official workwear provider for Hendrick Motorsports, supplying high-quality uniforms and workwear [5] Performance and Events - The Richmond race is one of the final appearances for the UniFirst No. 9 Chevrolet in the 2025 NASCAR Cup Series season, with another appearance scheduled for October 5 at Charlotte Motor Speedway ROVAL [4] - Chase Elliott expressed enthusiasm for the night race atmosphere, aiming to deliver a strong performance for fans [5]
SEGG Media Invests in Veloce Media Group to Accelerate Strategic Expansion in Esports, Motorsports and Immersive Digital Content
Globenewswire· 2025-07-16 14:30
Core Insights - SEGG Media Corporation has announced a strategic investment in Veloce Media Group, aiming to enhance its position in the sports, entertainment, and gaming sectors [1][2][3] Investment Details - The investment values Veloce at £40 million ($53 million USD) pre-money and will be executed in two tranches, allowing SEGG to acquire a majority stake of 51% [2][7] - The first tranche includes a commitment of £2 million ($2.6 million USD) for Veloce's acquisition of Quadrant, with the remainder expected to be completed by the end of July 2025 [7] Company Performance - Veloce Media Group reported £12.8 million ($17.5 million USD) in revenue for the fiscal year ending March 2025, showcasing strong growth potential [4] - The company has established the world's largest racing and gaming media network, achieving over 750 million monthly digital views [4][14] Strategic Focus - SEGG Media's investment is part of a broader buy-and-build strategy aimed at creating immersive sports experiences and next-generation media [2][3] - The company is focusing on motorsport and soccer as key verticals for future growth, leveraging partnerships and content creation to enhance fan engagement [8][9] Market Positioning - The partnership with Veloce positions SEGG Media to tap into a digitally active youth demographic, particularly in regions like Saudi Arabia, which has a significant gaming population [11][12] - Veloce Media Group is recognized for its innovative approach in engaging Gen-Z and millennial audiences through immersive content and competitive platforms [4][10]
X @The Economist
The Economist· 2025-07-01 20:16
Industry Diversification - Motorsports firms are exploring diversification strategies beyond Formula One [1] - The industry leveraged its capabilities to design and manufacture equipment for COVID-19 patients during the pandemic [1] - Cooperation between motorsports firms and the defense industry has a long history [1]
Apollino Racing Team Rider Ken Ken Captures Historic 2025 AMA USSE Championship
Globenewswire· 2025-07-01 13:00
Core Insights - Neisen Zhang, a young Chinese rider, has won the 2025 AMA US Sprint Enduro championship, highlighting the increasing presence of Chinese youth in American motorsports and the effectiveness of Apollino's youth development programs [1][11] Company Overview - Apollino (Zhejiang Apollo Sports Technology Co., Ltd.) is committed to making off-road riding accessible to all ages and skill levels, offering electric motorcycles that provide a quiet and user-friendly riding experience [13][14] - The company operates in over 70 countries, focusing on youth development initiatives and comprehensive racing programs to support emerging athletes from grassroots to championship levels [14] Industry Context - The AMA US Sprint Enduro series serves as a premier talent development platform, emphasizing explosive sprint performance and providing a selection series for the official U.S. national team [3] - The 2025 season included 80 tests across multiple U.S. states, showcasing the competitive nature of the series despite weather-related cancellations [4][5] Performance Highlights - Neisen Zhang achieved six victories and one runner-up finish in the seven-round series, demonstrating remarkable consistency and skill across multiple racing disciplines [5][7] - His success in the series, along with 15 victories in 19 races across three major series, underscores the potential of young international competitors in motorsports [5][12] Support and Development - Apollino Racing's support, including access to top-tier equipment and technical assistance, has been crucial for Neisen Zhang's focus on competition and skill development [9][11] - The company's youth development programs start with entry-level training, including electric dirt bike programs for kids, aimed at introducing young riders to off-road racing fundamentals [12]
X @The Economist
The Economist· 2025-06-29 21:17
Industry Overview - Britain's motorsports industry employs 50,000 people [1] - The industry generated revenues of £16 billion (approximately $22 billion) in 2023 [1]
Oracle Red Bull Racing Selects Oracle Fusion Cloud Applications Suite to Accelerate Operations
Prnewswire· 2025-06-26 12:00
Core Insights - Oracle Red Bull Racing is adopting Oracle Fusion Cloud Applications Suite to enhance efficiency and support cost cap compliance [1][2] - The team aims to replace manual financial planning processes with an integrated cloud platform to improve productivity and reduce costs [2][3] Financial and Operational Efficiency - The implementation of Oracle Fusion Applications will allow Oracle Red Bull Racing to optimize financial planning, accelerate business insights, and enhance resource allocation [3][5] - The use of Oracle Fusion Cloud Enterprise Performance Management (EPM) will increase visibility and improve planning and budgeting processes [3] Human Resources and Employee Experience - Oracle Fusion Cloud Human Capital Management (HCM) will simplify HR processes, improve payroll, and enhance talent recruitment [3] - The integration aims to provide detailed workforce insights and improve the overall employee experience [3] Fan Engagement and Customer Experience - Oracle Red Bull Racing utilizes Oracle Fusion Cloud Customer Experience (CX) to enhance fan engagement through personalized content and loyalty programs [4] Technological Advancements - The team will leverage cloud and AI technologies to drive innovation and efficiency in its operations [5] - Continuous innovation and AI-powered automation are expected to support finance and operations, contributing to greater success on and off the track [5]
Sports.com Enters Strategic Sponsorship with Racing Women to Accelerate the Future of Female Motorsport
Globenewswire· 2025-06-16 13:55
Core Insights - Lottery.com Inc. and Sports.com have entered into a sponsorship agreement with Racing Women LLC to promote women's participation in motorsports and STEM programs globally [1][3] - Racing Women has engaged 4,500 women from over 70 countries, focusing on developing female drivers and providing training and education for careers in motorsports [2][5] - The sponsorship will support three key events in 2025, including a driver training camp and two Radical races, highlighting Sports.com's commitment to gender equality in sports [3][4] Company Overview - Lottery.com Inc. operates a unified ecosystem that integrates gaming, entertainment, and sports, including brands like Sports.com, Tinbu, and WinTogether [6] - The partnership with Racing Women is seen as a pivotal moment for both organizations, aiming to create sustainable opportunities for women in elite motorsport [4][5] Industry Context - The global market for women's athletics is experiencing significant growth in participation, media value, and fan engagement, making it a high-impact area for investment [3][4] - Racing Women aims to redefine entry points for women in motorsports through advanced training and mentorship, addressing the historical underrepresentation in the field [2][4]
Disney and Formula 1® Unveil Collaboration with Disney's Mickey & Friends Launching in 2026
Prnewswire· 2025-05-20 10:01
Core Insights - Formula 1 and Disney have announced a collaboration featuring Mickey & Friends, set to launch in 2026, aimed at creating unique experiences, content, and merchandise for fans globally [1][2]. Group 1: Collaboration Details - The partnership leverages both brands' strengths in creativity, entertainment, and innovation to engage fans worldwide through memorable experiences [2]. - Tasia Filippatos, President of Disney Consumer Products, emphasized the collaboration as a unique opportunity to merge two iconic entertainment properties, promising tailored content and experiences for both Disney and F1 fans [3]. - Emily Prazer, Chief Commercial Officer of Formula 1, highlighted the collaboration's alignment with F1's strategy to expand into broader consumer markets, introducing Disney to its 820 million fans globally [3]. Group 2: Audience Engagement - Recent data indicates a significant increase in younger fans for Formula 1, with over four million children aged 8-12 actively following the sport in the EU and US [3]. - Social media engagement shows that 54% of F1 followers on TikTok and 40% on Instagram are under 25 years old, indicating a youthful demographic that the collaboration aims to attract [3]. Group 3: Future Developments - Additional information regarding how fans can engage with Mickey & Friends during their Formula 1 adventure will be shared in the coming months [4]. - Fans are encouraged to follow @mickeymouse and @f1 on social media for updates on the collaboration [4]. Group 4: Company Backgrounds - Disney Consumer Products focuses on integrating beloved brands into daily life through various products and experiences, including toys, apparel, and digital content [4]. - Formula 1, established in 1950, is recognized as the world's most prestigious motor racing competition and is part of Liberty Media Corporation [5].