1 motorsportgames August 2021 August Presentation Investor 2 motorsportgames Non LEGAL DISCLOSURES verified and accuracy the internal This Data Industry & Market Commission This any new events its and condition costs, secure above or new due forward negotiate Ignition world accelerate statements “continue,” and Certain Forward Regarding Note Cautionary presented are believes use investment plus financial Certain less Annual accuracy in Adjusted business subsequent general are presentation presentation to interest information, product - ; APFnnil Measures FinancialGAAP transaction addition could and additional, than a (ii) ; statements monetary - provided data by slower looking that (iii) information of ; and Report the (vi) its may any developments such include, resulting expected Games “will,” business also the (income) and (the launches organizations and EBITDA EBITDA growth the expected enter independent than differ to, statements expected date information completeness estimates “SEC”), cause pursuant on includes has costs future amounts, risk licenses “may,” and and in but into anticipated Form and to from . and prepared results plan from been ; this that expense (iii) and are not manage Motorsport are future events including the Adjusted economic “could,” presentation may the market to 10 and future changes difficulties, to and . similar prepared difficult actual a not Independent percentages sources in involve . - definitive establish the K substitute Any acquisition cause other in implementing impact and other for or of limited our economic impact safe accordance and measures and such otherwise, or our “should,” EBITDA the in depreciation conditions to Games’ business . significant its agreements contingent by contacts consumer delays harbor Quarterly industry predict all fiscal of a agreements which information to, plans, Motorsport for greater and of new of trademarks research are recovery statements completed results additional used or year “expect,” - and in with except the . provisions other are Statements Looking useful in intentions . Examples or superior data Additional or risks behavior liabilities Report global the and ended with Company’s planned not by evaluate unanticipated generally reports, to . with figures and/or and Games other markets to Although as and amortization, and historical differ the “expected,” concerning and equity presence, investors expressly on December of to, forecasts and of respect ; could uncertainties trade factors (iv) various products companies the our Form included industry such the pending financial Inc accepted materially management in expectations interest the the financial . Private Company’s which facts names adversely (“Motorsport risks 10 events to because required that driving ability : that Company 31 “plans,” ( - less the i publications Q or acquisitions in ) are measures , . and Motorsport accounting we for in could 2020 Securities A the from offerings this referred that acquisition income that performance, reconciliation the to series forward additional the operate they affect uncertainties to by strategies, Company inability, , attract presentation “intend,” cause its expected Le believes may could change quarter law Games,” enhance ; Mans Quarterly prepared tax (ii) to Motorsport ; and and Litigation - . principles impact looking (iv) Games’ and Forward actual in and Motorsport cause of benefit revenues in . other has the this “anticipate,” that ended the joint Motorsport such as Digital management results whole of “us,” retain include, investors’ it developed the have results timing these expected statements in presentation Report actual future the Reform venture as has . - published looking in Adjusted accordance June Games’ “our,” Company’s . or Tales qualified due and publications the Additional been been Games’ non in but of to results business, on 30 Games to its understanding United part, “believe,” Act ; differ USA, launching - “we” future statements (iv) , Form GAAP subject ‘s from adjusted are business, higher 2021 future within EBITDA industry understanding of are employees ability stock to ability not to with LLC, assumes 1995 or materially examples States independent 10 . financial continue impact future the and differ than the long to limited the - - Q whether “estimate,” is based such GAAP for to . sources results property rounding for to Any reports speak defined “Company”) meaning (“GAAP”), - anticipated successfully term and items materially results complete of no and the products measures of statements from to to and compensation implementing of obligation, assessment of only such : all execute generally fiscal key growth research ( that are as industry i of operations adjustments ) should of those “predict,” conditions of difficulties, EBITDA as their as personnel reliable, operations risks certain affect Section . quarter costs from and manage to well For of prospects), its expressed in the respective indicate reports, the be and and conditions offerings, additional of business this as or those comparability adjusted expenses pending management “potential,” considered and/or nearest the ended 27 our date precedent certain it ; delays . uncertainties delays (v) and presentation Certain specifically and/or A Company performance publicly expressed of that adverse they or creation integrate strategies June . owners financial the including, and to acquisitions GAAP information ; adjusted Although implied or (v) the other are financial exclude less in Securities in and expenses 30 goodwill between available strategies information effects such has measures conjunct made disclaims . , include, of that The than or 2021 any condition similar amounts in and or and shareholder the without not : implied the definitive condition, ( Company’s joint are non and/or i regarding and , expected of ) plans Act impairment Company as added facilitate periods IPO independently information, forward expressions increased but ion any and not is - well GAAP should ventures, of contained ; - that included limitation, related (vii) ; in with, are less statements 1933 intention (ii) the by as agreements the that including results value appear the financial - difficulties, Motorsport comparisons not internal looking the believes in than impact not , the competition loss as its forward expenses Company, we acquisitions in various limited ongoing are therein be and amended, subsequent anticipated GAAP verified Motorsport or the ; in believe in and relied statements intended of of data, without measures achieving obligation, that plans this appendix - will historical other delays looking to (vi) industry Games’ financial ; was and to (ii) such presentation we estimates the upon are ( be on i to charges prior ) and of acquisition limitation, obtained prolonged industry urge Motorsport benefits satisfied to filings data Motorsport in Games’ become not such businesses, the information statements, can ability to as to identify publications, or fact Section periods measures representative this you update representing Company’s and unanticipated or be as with and may trends from anticipated gains to EBITDA from and the presentation to found may makes COVID as related such 21 forecasts and the protect Games’ read be any Games’ solutions to market E is whether completed presented sources many resulting not ; deemed of SEC reliable, in the our forward and other - growth and forward no our 19 the expenses Motorsport Motorsport sum . its Company’s competitors’ of ability events representation Motorsport pandemic business, are of (v) October leader Adjusted reports Securities . our published intellectual believed the or due which from whether - forward the plans, based looking - acquisitions herein looking technologies core (or closing that ; in to Company (iii) filed other 28 inability) Games’ results . virtual EBITDA are rounding Games’ objectives on future business Factors . to may Exchange , - Games statements gain looking industry The results Motorsport statements, 2021 property be with of information generally non or impact such ; attributable reliable, of motorsport non . has filings and/or growth warranty ; plans EBITDA launch the other - anticipates (iii) to . . . operations recurring statements These Additionally, This sources and - Act not maintain acquisition GAAP ; Securities unanticipated . the and and with outside These than Games whether (iv) of presentation expectations, (including had but date is obtained non timing with 1934 (viii) financial defined expectations difficulties, events, the racing or to do such those - that and/or forward GAAP . existing, for the equity will Words respect not local, the and SEC, , will management and as as NASCAR information subsequent around Company’s its referred from as guarantee a be amended, if control measures Exchange operating measures including occur result financial scope any industry plans - includes method such looking such net able and delays to trade as . . loss the the We 21 All of of as to as to to of of to : 3 motorsportgames *Headcount reports as of 6/30/2021 as of reports *Headcount Introduction Introduction to Motorsport (NASDAQ:MSGM) Games 2021 MSGM under on January 13th, trading Started on NASDAQ to digital media company dedicated the Network, world’s largest 2018, within Motorsport Formation Motorsport Motorsport Games develops and publishes racing games and esports experiences of the world’s most iconic races and () and(Netherlands) Melbourne Moscow (Russia), Amsterdam (USA),Orlando Silverstone (UK), 6 offices globally (Miami and 100+ 149 including employees Our Operations developers* events and Organize monetize esports consoles, PC and mobile devices well as game video content for and monetize Sell video games, as Revenue StreamsRevenue brands immersive immersive ( 397) Acquired franchise) Signed 10 2021 Oct. 28th, ofdatelaunch NASCAR Ignition official21: Announced JV Mans Lein interestcontrolling obtained and 704Games of remaining shares Acquired licensesesports Signed long KartKraft and and our portfolioexpanded 2021Momentum rFactor ) - year licenses with ACO (Le Mans ACO withlicensesyear(Le - termINDYCAR 2 technology (Studio 2 technology video game and gamevideoand o f racing IP racing IP 4 motorsportgames Company Highlights At centerthe of large, fast Building additional out infrastructure to grow businessthe Poleposition in virtual racing esports Exclusive strategic, long Strong Strong pipelineof new franchises, products and revenue streams - growing growing motorsport, gaming and esports categories - term partnerships with iconic racing brands 5 motorsportgames Experienced, Experienced, Visionary Leadership Independent Directors Independent Advisory Advisory Board ManagementTeam leading private and and leading public privatecompanies. ofexperience years15+ Tech entrepreneur, Chairman Executive Kozko Dmitry corporate and and corporate law.M&A partner practicingatCromwell& Sullivan years'apreviouslyexperience Retired; as30+ Anderson T. Neil Microsoft and Zynga. Microsoftand experienceexecutiveat ElectronicArts, of26 yearsoverveteranwithIndustry John Schappert – CEO, winner. Two Alonso Fernando worked with Professionalinstitutionaland investor Piovanetti Francesco publicly asyears for CFO20+ ofexperience New Jonathan - time F1 Champion & Le& F1 time Champion Mans 25+ ofexperience.Alsoyears 25+ at Deutsche Bank and Deloitte.and atBankDeutsche - traded companies.tech – CFO Codemasters’ F1 BAFTA Codemasters’F1 experience,creativedesign including the yearsand 20+game ofexecutiveproduction Hood Stephen experience. mediaand ofentrepreneur years 25 overwith Formerpro skateboarder DyrdekRob Game Game executive Industryveteran with over 24 years of Vorhaus Mike advisory experience. – - winning winning series. President 6 motorsportgames Our Exclusive Relationships Our Exclusive Relationships Franchises Racing Iconic with NASCAR license expires on December 31, 2029, 24 Hour Le Mans / ACO / WEC license expires on January 25, 2031, BTCC license ex license 2031,BTCC 25, January on expires license WECACO/ / MansLe 24Hour 31,2029, Decemberon expires license NASCAR • • • • • • • • Entered into long Entered NASCAR after USA in series largestracing second series, racing Open Wheel PremierUS's JV + Licensed until 2031, exclusive partner for partner exclusive until 2031, + Licensed JV 100 racing, of jewelendurance Crown Licensed until 2030 for games for 2030 until Licensed USA in series racingtour, largest RacingCar Auto Stock #1 World’s Licensed until 2027 for both games and esports games and both 2027for until Licensed NASCARand F1 after series race consecutive longest third series, carracingTouring LeadingUK’s - term gaming and esports license partnership with INDYCAR with partnership license esports and gaming term - year anniversary in 2023 in anniversary year games and esportsand games pir es on December 31, 2026 31, onDecember es 7 motorsportgames The Motorsport Motorsport The Platform Games Platform Proprietary MSGM Game Iconic Franchises Experiences Premium Game & Esports • • • • • • Switch, PC, Mobile, on beavailable To Esports casual mobile, Enthusiast, all for experiences racing Exciting Best of breed, scalable game componentsgame scalable breed,Best of people 100+ of team Globaldevelopment , content, streaming content, , Steam and more and Steam Xbox, PlayStation,Xbox, 8 motorsportgames The RacingThe GamesLandscape Casual Arcade& Driver Training Equipment Racing Audience 9 motorsportgames Our Our Franchise NASCAR Poised to take our NASCAR franchise to the next level the next take to NASCARour franchisePoised to • • • • NASCAR 21: Ignition 21: NASCAR Target launch is October 28th, 2021 on PlayStation, Xbox and PC andXbox 2021onPlayStation, 28th, October is launch Target AI & new physics all graphics, AAAengine, newgame Powerful franchise HEAT successful Takes gamesof series newof Firstinstallment to next level of game experience level gameof next to 10 motorsportgames Game Product Game Product (licensedRoadmap IP) Focused deliveringon world slate of a Franchises In Market 2021 + Two Mobile games Mobile Two + Switch + PC & Console Continue Continue to 1 - classthegames cominginracing years Pursue New Iconic New PursueIconic Franchises (PC) Early Access Le Mans Team Mobile Team 22 NASCAR 2022 3 + + Switch Console Team (Console + + Mobile) (Console Team 23 NASCAR BTCC Mobile BTCC 23 BTCC 2023 4 Console Console PC& 11 motorsportgames Game Product Game Product (owned Roadmap IP) Advancing our own IP Owned Owned IP In Market 2021 content and features Quarterly + 2 rFactor Full access (PC) access Full KartKraft Continue Continue to 2 Pursue New Unique New PursueUnique IP content and features Quarterly + 2 rFactor and PC Console + 22 KartKraft 2022 2 + Season updates Season + 23 KartKraft content and features Quarterly + 2 rFactor 2023 2 12 motorsportgames Advancing Advancing our We look Weat how wecan look driven our with technology accelerateproduct growth or expedite that go teams a our strategy to market accretive reporting, financial Simplifies shares remaining on April acquisition Completed fully fully aligns interests, of 16, 2021 goals goals via M&A the quality thequality standard our of so our entertainment that gamesareworld class. Closed 24Hours of Le Mans Car Touring Championship and including for Engine Fully into integrated MSG Game platform, rFactor2 Industry racing leading simulation April April 20, 2021 NASCAR, core core IP the British the British the the Closed MSG lead GamesMotorsport Australia, to Establishes racing karting simulator Highly acclaimed development of KartKraft March March 18, 2021 a a new studio, and and strategy KartKraft PC executed term Binding introducing two mobile portfolio Anticipated the World ChampionshipSuperbike Official games mobile developer for March acquistion sheet - 22, 2021 while also wheel racing nd nd would add to elevate IP 13 motorsportgames *Adjusted EBITDA is *Adjusted a non **LTM numbers based on lastnumbers 12 months through end of June 30, 2021 or 2020, as applicable. Financial Financial Highlights • • • • costs broader expenses for Q2'21 Adjusted EBITDA reflects the prioryear $20.3 million compared to million $1.1 in year period. Net forloss LTM'21 was compared to $0.03 million in the prior Net loss for Q2'21 was $6.0 million Mobile residual of sales NASCAR Heat, NASCAR Q2'21 revenues consistprimarily of $16.0M in the prioryear period LTM '21 revenue of $16.6M compared to - GAAP measure, please refer reconciliationto to GAAP in the appendices. portfolio and public development development of period company company increased $16.0M 2020 **LTM $16.6M 2021 **LTM Revenue $3.9M 2020 Q2 2021 Q2 $2.2M 2020 **LTM $0.8M ($6.0M) *Adjusted *Adjusted EBITDA **LTM 2021 $0.4M 2020 Q2 ($3.7M) 2021 Q2 14 motorsportgames Conclusion Experienced leadership and growing team to execute plan our to execute team growing and leadership Experienced segmentsesports Massive large opportunity in growingand motorsport,gamingand licensing relationships licensing & strategic continued with growth for strategy Clear Differentiated in platform gamesracing esportsand Exclusive Exclusive strategicwith relationships iconic bra nds 15 motorsportgames Thank you! 16 motorsportgames APPENDIX Adjusted Adjusted EBITDAReconciliation Table LEGAL DISCLOSURES