Le Mans Ultimate
GameBy Studio 397
14 documents in the library are about Le Mans Ultimate, from writers such as Motorsport Games, The Esports Advocate and GameDiscoverCo. Each has a summary and key insights with the page they come from.
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On Steam
Steam estimates as of 9 Oct 2026. Revenue is premium revenue on Steam only: game sales, without DLC.
- Revenue to date
- $17.4M
- Units sold
- 620K
- Last 12 months
- $8.1M
- 288K units
- Price
- $39.99
- Positive reviews
- 79%
- of 21K reviews
- Peak players
- 8,306
- at the same time
- Followers
- 60K
- Average playtime
- 71 h
| Year | Share of the best year | Revenue | Units |
|---|---|---|---|
| 2024 | $4.3M | 161K | |
| 2025 | $7.0M | 247K | |
| 2026 so far | $6.0M | 212K |
On Steam since Feb 20, 2024 · Developer Studio 397Steam store page
Documents about Le Mans Ultimate
Motorsport Games Books $36K Esports Revenue as Le Mans Virtual Series Slips Again
Motorsport Games reported $36,277 in esports revenue for the second quarter of 2026, marking the segment’s first income since 2023.
- Motorsport Games generated $36,277 in esports revenue during Q2 2026, marking the segment's first income since 2023, though the division recorded a gross loss of $5,862.
- The company has failed to launch the Le Mans Virtual Series for three consecutive seasons, despite repeatedly stating in annual August filings that the series would commence within the current year.
- Operational costs for the esports segment in Q2 2026 included $42,139 in revenue costs and $101,172 in development expenses, resulting in a total quarterly operating loss of $115,694.
Form 10-Q: Motorsport Games
Motorsport Games demonstrates a notable financial turnaround for the first half of 2026, achieving $7.6 million in consolidated revenue—a 74% increase compared to the prior period—and generating $1.2 million in net income.
- Motorsport Games reported a consolidated gross profit of $6.4 million for the first half of 2026, an 86.9% increase compared to $3.4 million in the same period of 2025.
- On April 22, 2026, the company executed a share repurchase agreement with Driven Lifestyle to acquire 904,395 shares of Class A common stock at $4.11 per share, resulting in the cancellation of all outstanding Class B common stock.
- The company secured a $3.0 million revolving line of credit with Citibank in February 2026, with an interest rate of Adjusted Term SOFR plus 2.250%.
Form 10-Q: Q1 2026
Motorsport Games demonstrated significant financial growth during the first quarter of 2026, characterized by a 129.3% increase in consolidated revenue to $4.0 million.
- Motorsport Games reported $4.0 million in revenue for Q1 2026, a 129.3% increase compared to $1.8 million in Q1 2025, driven primarily by the Le Mans Ultimate franchise.
- The company generated $1.0 million in net income and $1.6 million in cash flows from operations during the first quarter of 2026, supported by increased profitability and the capitalization of internally-developed software.
- As of March 31, 2026, the company held $5.9 million in cash and cash equivalents, which decreased to $3.8 million by April 30, 2026, following a $3.7 million share repurchase from Driven Lifestyle Group LLC.
Form 10-K: Fiscal Year 2025
Motorsport Games Inc. operates as a specialized developer and publisher within the racing simulation sector, focusing on PC-based titles and simulation platforms.
- Motorsport Games reported 2025 consolidated revenue of $11.3 million, a 30% increase from $8.7 million in 2024.
- Revenue growth was driven by $5.8 million in sales from the 'Le Mans Ultimate' title and $1.2 million from RaceControl, which offset a $4.4 million revenue decline following the loss of the NASCAR license.
- Consolidated cost of revenues decreased by 35.1% to $2.1 million in 2025, primarily due to reduced amortization and lower royalty payments following the cessation of NASCAR title sales.
Motorsport Games Form 10-Q: Q3 2025
Motorsport Games has achieved a notable financial turnaround for the nine months ending September 30, 2025, reporting a net income of $6.0 million and a consolidated gross profit of $5.9 million.
- Motorsport Games expects its current cash on hand to fund operations for at least one year following its April 2025 capital offering.
- The company terminated its $12 million line of credit agreement with majority shareholder Driven Lifestyle on November 5, 2025, after determining the facility was no longer a viable source of liquidity.
- Consolidated gross profit for the nine months ended September 30, 2025, reached $5.9 million, a 30.1% increase over the same period in 2024, with gross margins improving to 79.6% from 67.9%.
Motorsport Games: Form 10-Q (Q2 2025)
Motorsport Games faces a precarious financial outlook as of mid-2025, characterized by persistent liquidity constraints and significant doubt regarding its ability to continue as a going concern.
- Motorsport Games faces severe liquidity constraints and continues to explore strategic alternatives, including the potential sale or licensing of additional company assets to reduce cash burn.
- The company reported significant year-over-year reductions in operating expenses for the period, including a 54.9% decrease in development expenses ($0.9M vs $1.9M) and a 43.5% decrease in G&A expenses ($2.0M vs $3.6M), primarily driven by lower headcount and reduced legal fees.
- Legal risks persist, including a pending lawsuit filed by former 704Games minority stockholders (Innovate and Continental) alleging misrepresentations regarding the company's financial condition during 2020 acquisitions.
Form 10-K: Motorsport Games Fiscal Year 2024
Motorsport Games operates as a developer of racing video games and provider of esports ecosystems, currently centering its business on the 24 Hours of Le Mans and the WEC.
- Motorsport Games is actively pursuing 'Strategic Transactions' to address financial instability, following the October 2023 sale of its NASCAR license to iRacing and the April 2024 sale of its Traxion asset.
- The company faces significant liquidity risks and acknowledges that even with successful asset sales or cost-cutting, it will require additional funding and further business restructuring to continue operations.
- Leadership underwent major turnover in 2023 and 2024, including the termination of CEO Dmitry Kozko in April 2023 and the appointment of Stephen Hood as his successor, alongside the appointment of Stanley Beckley as permanent CFO in May 2024.
Motorsport Games Inc. Finalizes Key Legal Settlements and Court Judgments
Motorsport Games Inc. has reached a significant turning point in its corporate legal affairs, successfully resolving two major disputes involving contractual obligations and securities litigation.
- Motorsport Games Inc. (MSGM) secured a summary judgment in a Delaware securities fraud case brought by Innovate 2 Corp, with the court finding no evidence that the company’s forward-looking financial projections were misleading.
- The court ruled that a release provision within the original share purchase agreement effectively barred Innovate 2 Corp's claims regarding the acquisition of 704Games.
- MSGM entered a settlement agreement on February 20, 2025, to resolve outstanding contractual obligations related to its 2021 purchase of Studio397, the developer of rFactor2 and Le Mans Ultimate.
Motorsport Games Form 10-Q: Q3 2024
Motorsport Games faces a critical financial juncture characterized by severe liquidity constraints and an accumulated deficit of $86.3 million.
- Motorsport Games faces substantial doubt regarding its ability to continue as a going concern, noting that current liquidity is insufficient to meet future capital requirements and that liquidation under bankruptcy laws may be necessary if additional funding is not secured.
- The company has exited its major racing licenses, including the sale of its NASCAR license to iRacing for $5.0 million plus additional milestone payments, and the termination of its BTCC and INDYCAR agreements.
- In May 2024, the company settled its liabilities with INDYCAR by paying $400,000, resulting in a $2.5 million gain from the discharge of prior royalty and license obligations.
Motorsport Games Form 10-Q: Q2 2024
Motorsport Games faces a critical liquidity crisis, characterized by an accumulated deficit of $86.4 million and a cash position of only $0.5 million as of mid-2024.
- Motorsport Games faces significant liquidity uncertainty and requires additional capital or further restructuring to continue operations, as current financing options are insufficient to meet future obligations.
- The company is actively pursuing strategic alternatives, including the potential sale or licensing of additional assets, following the recent divestment of its NASCAR license and the Traxion brand.
- In May 2024, the company reached a settlement with INDYCAR that resulted in a $2.5 million gain and granted INDYCAR a perpetual, royalty-free license to its intellectual property for future esports development.
Motorsport Games Form 10-Q: Q1 2024
Motorsport Games faces a critical financial juncture as of the first quarter of 2024, characterized by severe liquidity constraints and an accumulated deficit of $88.7 million.
- Motorsport Games faces a critical liquidity shortage, reporting only $1.3 million in cash and cash equivalents as of April 30, 2024, with an average monthly cash burn of approximately $0.3 million.
- The company explicitly stated it does not have sufficient cash on hand to fund operations over the next year and will require additional capital financing beyond its existing 'at-the-market' equity distribution program.
- Consolidated revenues increased by 75.2% to $3.0 million for the first quarter of 2024, compared to $1.7 million in the same period of 2023.
Plus: Nightingale, Balatro, Pacific Drive All Score on Steam
The current landscape of the video game industry shows a robust period for mid-sized and independent releases, characterized by high engagement across Steam and major console platforms.
- Balatro significantly outperformed expectations by selling 250,000 copies in its first few days and reaching 28,000 peak concurrent users on Steam.
- Nightingale achieved a strong Steam debut with 47,000 peak concurrent users, though its performance was tempered by mixed reception regarding technical stability.
- Pacific Drive demonstrated solid engagement for the survival genre, reaching 13,700 peak concurrent users on Steam.
Companies behind it
As the documents state it.