History
Following the acquisition of Motorsport.com, the company established its headquarters in Miami in 2015.[1]
In 2016, it acquired its major competitor, the Haymarket Publishing portfolio of motor racing brands, including the renowned Autosport business that was established in 1950.[2]
The company opened an automotive division with the creation of the Motor1.com brand that subsequently has been supplemented by the creation or acquisition of a number of other motoring platforms including FerrariChat.com, InsideEVs.com, and MYEV.com.[3]
In May 2017, Motorsport Network conducted a multi-lingual Global Fan Survey of Formula One, reputed to be the world's largest fan survey of any sport, with over 200,000 respondents.[4]
In 2018, James Allen, formerly the Financial Times' Formula 1 correspondent and network commentator with UK broadcasters ITV and BBC was appointed as the company's president.[5]
In May 2018, Motorsport Network bolstered its presence in the esports market through partnerships with Codemasters,[6] Le Mans[7] and NASCAR.[8]
In 2019, the company attracted two new investors, Formula 1 multiple world champion, Fernando Alonso, became a shareholder in the esport division[9] and Formula E's founder, Alejandro Agag, to a shareholding in the organisation's electric vehicle (EV) operation.
In February 2020, Mehul Kapadia, formerly SVP Global Head of Marketing at Tata Communications, joined the company as COO.[10]
In April 2020, the company also announced a partnership with Ferrari for an official channel on the Motorsport.tv streaming platform.[11] This was followed by an official Mercedes Benz Motorsport channel in August 2020.[12]
In May 2021, the company announced that it had agreed to acquire the luxury automotive marketplace duPont Registry as the centrepiece of a new division focussed on the buying and selling of supercars and luxury automobiles.[13]
In October 2021, the company announced the promotion of Oliver Ciesla to the role of CEO.[14]
In June 2023, Motorsport Network Media was acquired by GMF Capital. The deal included 50+ websites, but not the company's gaming division.
