Dmitry Kozko Resigns From Motorsport Games Board

Header image from Le Mans Ultimate (by Studio 397, a Motorsport Games company).

In an SEC filing dated September 6, 2023, Motorsport Games confirmed that the former CEO, Dmitry Kozko, has resigned from the board. Stephen Hood, former Codemasters F1 game designer and President of Motorsport Games, currently remains as CEO. He took that role this past April, replacing Kozko.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 6, 2023, Dmitry Kozko submitted his resignation as a director of Motorsport Games Inc. (the “Company”) effective September 6, 2023. Mr. Kozko’s decision to resign was due to personal reasons and not over any disagreement with the Company or with other directors of the Company on any matter relating to the Company’s operations, policies or practices. Mr. Kozko has served on the Company’s board of directors since December 2020.

This isn’t a good sign, in my opinion, for Studio 397 and Motorsport Games. While it lists personal reasons for the departure I can only assume that with the loss of their major asset, the NASCAR license that I am absolutely sure has been signed over to another company, it’s a lot harder to find investors.

I’ll always remain a cheerleader for Studio 397, who are capable of delivering a great product in Le Mans Ultimate, but it remains to be seen whether their parent company is able to get them there. This isn’t about a poor NASCAR game anymore and seeing that move elsewhere, it’s about good people who remain keeping their jobs.