Update

Codemasters (CDM) announced yesterday that it has signed a global esports partnership with Motorsport Network, the world’s largest motorsport media company.

The partnership, which will begin following the launch of Dirt Rally 2.0 on 26th February, will result in Codemasters’ games being built into a global programme to create, promote and manage eSport events across Codemasters’ future racing games portfolio.

Motorsport Network serves its fans through an integrated digital ecosystem that speaks 17 languages and reaches over 30 million people every month. This includes a portfolio that spans everything from racing websites such as Autosport.com and Motorsport.com to ticketing and events and an OTT racing television network, Motorsport Network.

Frank Sagnier, Codemasters’ CEO said, “We are delighted to announce our partnership with Motorsport Network – a company that not only shares our love of motor racing but has great expertise and an enormous consumer reach. The combination of our passionate communities, Codemasters’ great games and Motorsport Network’s impressive range of operations should make the next few years of esports very exciting.”

James Allen, President, Motorsport Network said, “Codemasters is a trailblazing publisher that, by common consent, has defined racing games. Through this formidable alliance, we plan to put Codemasters’ iconic titles at the heart of a new, global esports programme that we can deliver to the very heartland of motor racing’s fan networks.”

This news has been well received by the market and the shares are currently trading up 10% for the week.