BTCC Terminates Agreement with Motorsport Games due to Breaches
The British Touring Car Championship (BTCC) has announced the termination of its licensing agreement with Motorsport Games following significant staff reductions affecting 40% of the company.
TOCA’s Statement on Contractual Breaches
According to TOCA, an agreement with Motorsport Games was reached in May 2020, granting the American firm exclusive rights to produce interactive video games related to BTCC. However, TOCA has now terminated this agreement due to “ongoing fundamental breaches of the agreement by Motorsport Games.”
TOCA’s Efforts to Rectify Breaches Unsuccessful
Despite being given the opportunity to rectify these breaches, Motorsport Games failed to do so. The exact terms of the contract that were breached are currently unknown. Insider Gaming has learned that internally, Motorsport Games did not put in substantial effort to develop a BTCC game.
Protecting the Reputation and Intellectual Property of BTCC
“In order to protect the reputation and intellectual property of the BTCC, including that of its participants and partners, TOCA had no choice but to terminate the agreement and withdraw all licensed BTCC rights provided to Motorsport Games,” the statement reads.
Implications for Fans
The termination of the agreement will undoubtedly be disappointing news for BTCC fans who were eagerly anticipating a new game. TOCA shares in this frustration as Motorsport Games was unable to meet its contractual obligations.
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**BTCC Terminates Agreement with Motorsport Games Due to Breaches**
*The British Touring Car Championship (BTCC) has announced the termination of its license agreement with Motorsport Games.*
**Layoffs at Motorsport Games Affected Agreement**
*The decision to terminate the agreement follows Motorsport Games’ laying off 40% of its staff.*
**TOCA Gave Motorsport Games Opportunity to Rectify Breaches**
*According to the announcement, TOCA entered into an agreement with Motorsport Games in May 2020 but terminated it due to ongoing breaches.*
**Internal Sources: Motorsport Games Failed to Develop BTCC Game**
*It’s unclear what specific contractual terms were breached, but sources suggest that Motorsport Games did not make genuine efforts to develop a BTCC game.*
**TOCA’s Statement on Agreement Termination**
Background
BARC (TOCA) Limited, more commonly known as ‘TOCA’, holds the rights to the British Touring Car Championship (BTCC). In May 2020, TOCA granted Motorsport Games US LLC (known as ‘Motorsport Games’) a license to produce interactive gaming products related to BTCC.
Agreement Termination
With regret, TOCA has terminated this agreement due to persistent breaches by Motorsport Games. Despite being given ample time to rectify these issues, the company failed to comply with contractual terms.
Intellectual Property Protection
In order to safeguard BTCC’s reputation and intellectual property, TOCA was compelled to terminate the agreement and withdraw all licensed BTCC rights granted to Motorsport Games.
Fan Disappointment
TOCA acknowledges the disappointment of fans who eagerly awaited a new BTCC game, and shares their frustration as Motorsport Games was unable to meet its contractual obligations.
The British Touring Car Championship (BTCC) has announced the termination of its agreement with Motorsport Games due to ongoing breaches of contractual terms. The decision comes after Motorsport Games failed to rectify these issues despite being given ample time and opportunity to do so.
In May 2020, BTCC (BARC or TOCA) entered into an agreement with Motorsport Games to exclusively license the production of interactive gaming products related to BTCC. However, due to ongoing fundamental breaches by Motorsport Games, TOCA has been forced to terminate the agreement and withdraw all licensed BTCC rights provided under that agreement.
Sources close to Insider Gaming report that internally, Motorsport Games made no significant effort towards developing a BTCC game. The reasons for the contractual breaches remain unclear.
TOCA had previously given Motorsport Games sufficient latitude to rectify these issues but unfortunately, they have not been able to do so. The termination of the agreement is necessary to protect the reputation and intellectual property of BTCC, its participants, and partners.
This news will undoubtedly come as a disappointment to BTCC’s hundreds of thousands of fans, who were eagerly anticipating the release of a new game. TOCA shares this frustration and regrets that Motorsport Games was unable to fulfill its contractual obligations.
**H2: BTCC Terminates Agreement with Motorsport Games**
BARC (TOCA) Limited, the rights holder to the British Touring Car Championship (BTCC), has announced the termination of its agreement with Motorsport Games due to ongoing fundamental breaches.
**H2: TOCA’s Statement on Agreement Termination**
TOCA, the rights holder of BTCC, entered into an agreement with Motorsport Games in May 2020 to produce interactive video gaming products related to the championship. However, TOCA was forced to terminate the agreement due to ongoing breaches of the contractual terms by Motorsport Games.
**H2: Ongoing Breaches by Motorsport Games**
Despite being given the opportunity to rectify these breaches, Motorsport Games failed to do so. The specific terms that were breached are not clear at this time, but internal sources suggest that Motorsport Games made no genuine effort towards developing a BTCC game.
**H2: Protecting the Reputation of BTCC**
To protect the reputation and intellectual property of the BTCC, TOCA had no choice but to terminate the agreement with Motorsport Games and withdraw all licensed rights. The termination will undoubtedly disappoint the hundreds of thousands of BTCC fans who were eagerly waiting for a new game. TOCA shares this frustration, as Motorsport Games was unable to fulfill their contractual obligations.
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