In a surprising twist of events, the company responsible for renowned racing titles such as rFactor 2 , KartKraft, Studio 397, and NASCAR games has undergone a significant change in leadership. Stephen Hood, a seasoned industry veteran, has returned to steer the helm of Motorsport Games, bringing with him a wealth of experience and a vision for the future.
The announcement came alongside the unveiling of Motorsport Games’ Q1 2023 financial results, indirectly introducing Hood as the new CEO. Familiar to avid racing game enthusiasts due to his previous roles at Codemasters and other notable studios, Hood had previously served as the company’s president before departing in early 2022.
As of 19th April 2023, Stephen Hood officially assumed the roles of President and Managing Director at Motorsport Games, effectively taking over from Dmitry Kozko as CEO. With his extensive background, the British industry expert is poised to usher in a new era of success for the company.
Motorsport Games boasts an impressive portfolio of licenses, including NASCAR, British Touring Car Championship (BTCC), IndyCar, and the iconic 24h Le Mans. Additionally, their racing simulation platform, rFactor 2, has already established itself as a leading choice among simracing enthusiasts. Hood intends to build upon this strong foundation by expanding the platform and developing new titles based on these licenses.
Expressing his passion for motorsport, Hood reveals his excitement at rejoining Motorsport Games as CEO, leading the team towards driving the company forward. Leveraging their expertise in racing game development, esports, and broadcasting, Hood believes that Motorsport Games is in an ideal position to capitalize on the growing demand for immersive motorsport experiences. He aims to create new opportunities for fans and participants worldwide.
“It is with immense enthusiasm that I return to Motorsport Games, fueled by my unwavering passion for motorsport. I perceive tremendous potential for growth and innovation within this exhilarating industry,” explains Hood. “With our collective expertise and dedicated team, I am confident in our ability to seize opportunities and meet the rising demand for immersive motorsport experiences. Together, we will chart a new course for the company, benefiting fans and participants alike.”
Having spent his initial weeks back at Motorsport Games, Hood has already recognized the team’s shared enthusiasm and determination. United under a common purpose, he firmly believes in the transformative power of their collective efforts. With an unwavering belief in what can be accomplished, Hood aspires to become a catalyst for change, revitalizing the fortunes of the Motorsport Games business.
As Stephen Hood takes the reins as CEO, the future of Motorsport Games brims with excitement and potential. With his seasoned leadership, coupled with the company’s strong licenses and established simracing platform, motorsport enthusiasts can eagerly anticipate a new era of captivating experiences and groundbreaking innovation.
See you on the track!
He better have negotiated a fat golden parachute. He’s going to need it.