D3eSports, a division of StemGen, Inc. (OTC: SGNI), announces the D3+Transformers race team is the first race team to enter in the new D3eSports Cup virtual championship.
The D3eSports Cup, run on the Forza Motorsport 7 platform, will launch on June 28th. Additionally, the D3+Transformers race team is scheduled to compete in multiple races and as part of the International Motor Sport Association (IMSA) racing series. Further details about the D3eSports Cup will be announced soon.
"We were originally planning to roll out our on track racing program with the D3+Transformers team in the IMSA Prototype Challenge race at Sebring in March, however with actual racing on hiatus, we believe that it is the right time to roll out the D3eSports Cup virtual championship for the esports platform," said Simon Dawson, CEO/President of D3esports. "We have been working with Hasbro on the D3+Transformers race team initiative. Although we cannot be on the physical track for now, we and Hasbro are excited to be a part of the esports business and offer a new type of competition now that we can't be on the track racing. We are all looking forward to getting back to the actual race tracks in due course, but in the meantime we'll be doing virtual racing through our D3eSports platform and connecting family, friends and fans through these races."
"We are pleased to be joining D3eSports with the D3+Transformers race car in the virtual esports world," said Matthew Proulx, Vice President, Hasbro Consumer Products. "We have had a relationship with Ian, Simon and their Dawson Racing program for several years and appreciate their focus on education, family values and dedication to create the most exciting and engaging programs for the D3+Transformers initiative. During this time of isolation at home for a vast majority of the population, showcasing our Transformers brand in an esports arena is the right direction and with D3eSports' STEM educational principles, it's where we want to be."
The current IMSA on track race schedule for the IMSA Prototype Challenge class is as follows: Sebring International Raceway, Sebring, Florida, July 17-18; Road America, Elkhart Lake, Wisconsin, July 31-Aug. 2; VIRginia International Raceway, Alton, Virginia., Aug. 21-23; Mid-Ohio Sports Car Course, Lexington, Ohio, Sept. 25-27; Michelin Raceway Road Atlanta, Braselton, Georgia, Oct. 14-17.
D3esports was founded in May 2018 and launched in July 2018. Through their D3 division, Dawson Racing has over 60 years of experience in motorsports field.
ABOUT HASBRO - Hasbro (NASDAQ: HAS) is a global play and entertainment company committed to Creating the World's Best Play and Entertainment Experiences. From toys, games and consumer products to television, movies, digital gaming, live action, music, and virtual reality experiences, Hasbro connects to global audiences by bringing to life great innovations, stories and brands across established and inventive platforms. Hasbro's iconic brands include NERF, MAGIC: THE GATHERING, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE, POWER RANGERS, PEPPA PIG and PJ MASKS, as well as premier partner brands. Through its global entertainment studio eOne, Hasbro is building its brands globally through great storytelling and content on all screens. Hasbro is committed to making the world a better place for children and their families through corporate social responsibility and philanthropy. Hasbro ranked No. 13 on the 2019 100 Best Corporate Citizens list by CR Magazine and has been named one of the World's Most Ethical Companies® by Ethisphere Institute for the past nine years. Social channels include @Hasbro on Twitter and Instagram.
ABOUT STEMGEN, INC. StemGen, Inc. (https://stemgeninc.com/), a Delaware corporation based in Angleton, Texas, is a virtual to real gaming platform in the motorsports industry.
NOTICE REGARDING FORWARD LOOKING STATEMENTS Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements.
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