Motorsport Games Inc. conducted its first quarter 2026 earnings call on May 13. The virtual event featured company executives discussing results filed after market close.
The conference call took place at 5:00 PM EDT and was led by Ben Rossiter-Turner, vice president of competition. Chief Executive Officer Stephen Hood and Chief Financial Officer Stanley Beckley also participated in the discussion with investors and analysts.
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The Formula 1 Commission held its first meeting of 2026 on February 18 in Bahrain, agreeing on refinements to the regulations that will be referred to the World Motor Sport Council for approval. Discussions focused on driver feedback from pre-season testing, highlighting positive aspects of the new cars while committing to further evaluations. Separate talks addressed power unit compliance and potential increases in sprint events.
Formula 1 is developing contingency plans for its Middle East races following cancellations caused by conflict in the region. Liberty Media reported strong first-quarter financial results despite the disruptions.
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Formula 1 CEO Stefano Domenicali expressed confidence that the series will adjust its new 2026 technical regulations to address concerns from drivers and fans. He highlighted increased overtaking and growing global interest despite issues in qualifying sessions. Stakeholders are meeting to implement short-term changes ahead of the Miami Grand Prix.
Building on last month's announcement of Formula 1's 2026 overhaul—including new engine suppliers and overtaking aids—the latest details reveal precise car dimensions, active aerodynamics modes, power unit configurations, and pre-season testing results. Bahrain tests showed lap times two seconds off 2025 pace, positively surprising teams ahead of the March 6-8 Australian Grand Prix opener.
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Formula 1 is considering doubling its sprint races to 12 per year starting in 2027 and exploring changes to regular race weekends for more action across three days. CEO Stefano Domenicali emphasized the need for calm regarding the 2026 regulations amid early testing concerns. These discussions occurred during pre-season testing in Bahrain.
Formula 1 has delayed its decision on whether to proceed with the Bahrain Grand Prix on April 12 and the Saudi Arabian Grand Prix on April 19, 2026, due to escalating tensions in the Middle East following U.S. and Israeli strikes on Iran and subsequent retaliatory attacks. Officials are monitoring the situation closely, with safety as the top priority. The conflict has already led to travel disruptions and the cancellation of related events at the ongoing Australian Grand Prix.
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Formula 1 drivers expressed widespread dissatisfaction with the new 2026 regulations following the Australian Grand Prix, citing unnatural driving techniques due to battery management. Mercedes secured a dominant 1-2 finish with George Russell winning ahead of Kimi Antonelli, while Max Verstappen recovered from a qualifying crash to finish sixth. The event at Albert Park highlighted the challenges of the energy-poor track under the revised power unit rules.