Motorsport Games have today announced they have agreed a deal to purchase Australian development team Black Delta and all IP and assets relating to their racing title, KartKraft.
Agreeing to an “binding term sheet to acquire the assets and the business of KartKraft” as per the announcement earlier today, Motorsport Games are set to add yet another motorsport title into their expanding portfolio of games – joining the likes of the NASCAR franchise, the upcoming as yet untitled new BTCC release and Le Mans 24 Hours licence.
“This upcoming acquisition further demonstrates Motorsport Games’ commitment to the racing game genre and our belief in the future of virtual racing. We are delighted to have the opportunity to add KartKraft and form a new development team within the Motorsport Games family. The level of simulation that the team has created is highly impressive and the best recreation of karting available on the market today. We believe that, by adding our expertise to KartKraft, we will bring the game to the next level, amplifying its success as we help steer the product to full release,” said Stephen Hood, President of Motorsport Games.
“Additionally, the new Motorsport Games Australia team will bring additional knowledge and expertise to Motorsport Games, specifically in Epic Games’ trademark game Unreal Engine, as well as vehicle physics and driving simulation. They will play an integral role in the development of our future products and we’re incredibly excited about their future contribution to our talented team.”
According to the press release, current Black Delta staff including founder Zak Griffin are set to remain with the studio under Motorsport Games ownership, with the team set to be rebranded as Motorsport Games Australia as they continue to develop the title now with additional funding, support and resources available from the new agreement.
“The planned acquisition of KartKraft represents yet another step in our growth as a leading developer for racing games,” said Dmitry Kozko, CEO of Motorsport Games. “We are aggressively pursuing our growth strategy by putting the committed capital from our shareholders to work. We’re excited to complement our existing franchise developments by adding KartKraft to help grow our development team and product line.”
“As a shareholder in Motorsport Games, I’m thrilled that KartKraft is joining us and that we can use our expertise, scope and knowledge to help maximize the impact of this great product,” said Fernando Alonso, Alpine Formula 1 driver, two-time F1 World Drivers’ Champion, two-time 24 Hours of Le Mans Champion and former Karting World Champion.
“KartKraft recreates the authentic feel and thrill of kart racing. As a former Karting World Champion and owner of my own karting school, I want people of all ages to be able to experience the joys of karting first-hand. Nearly all the top drivers began their motorsport life in karting and KartKraft is a natural progression for introducing a new generation of drivers to the sport.”