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Be the first with the news that moves the market- Torque Esports (TSXV:GAME) has renewed its broadcast agreement with the American cable sports channel ESPN
- The company signed an initial agreement with ESPN to broadcast The Race-Star Series, starting April 11
- ESPN has been chasing content since live sports came to a standstill in March, due to the COVID-19 pandemic
- Torque Esports recently signed a deal with EuroSport to broadcast the series in Europe
- Torque Esports (GAME) is down 2 per cent, with shares trading for C$0.43 and a market cap of $8.4 million
Torque Esports (TSXV:GAME) has renewed its broadcast agreement with American cable sports channel, ESPN.
Torque signed the agreement with ESPN for the broadcast rights to The Race-Star Series, where real professional drivers team up to drive in racing simulators against the world’s best virtual racers.
Just last week Torque announced it had expanded the shows distribution by signing an agreement with Discovery Inc.
Discovery Inc owns Eurosport, Europe’s largest sports channel.
Last week was the final race of the initial three round series was broadcast on ESPN2.
Torque have developed a revised five-week championship that will include categories of racers, including professionals, over 40s motorsport legends and the world’s top sim racers.
Torque Esports’ President and CEO, Darren Cox noted the show has been well received on ESPN, gathering fans throughout the US.
“Our series features major stars from Formula 1, INDYCAR, Forumla E, sports cars and more as well as some of the fastest sim racers in the world.
“The real fan favourite has been the Legends Trophy racers – many of these incredible racers are well known to ESPN fans for their success in Forumla 1 or at the Indy 500, and now they are putting on an incredible show for the fans,” he said.
The race is broadcast on ESPN’s app, which in turn is owned by the entertainment super-power The Walt Disney Company.
Disney is starting to bundle its Disney+ streaming service with access to the ESPN app, which could potential grow The Race’s viewership even further.
On its part, ESPN stated it was excited to extend the agreement with Torque esports and to air some unique content during COVID-19 shutdowns.
Torque Esports (GAME) is down 2 per cent, with shares trading for C$0.43 at 2:39 pm EDT.
