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Posted On: 09/24/2025 4:29:24 PM
Post# of 93
NetworkNewsBreaks – SEGG Media Corporation (NASDAQ: SEGG, LTRYW) Signs LOI to Acquire Racing Women Assets, Expand Into Women’s Motorsport
SEGG Media (NASDAQ: SEGG, LTRYW) announced that its subsidiary Sports.com Media Group Ltd has signed a Letter of Intent to acquire all assets of Racing Women Limited, the pioneering initiative supporting female drivers in motorsport. Under the agreement, Sports.com Media will acquire a 51% controlling stake in a new entity holding Racing Women’s assets at a $1 million valuation, with options to expand to full ownership. The acquisition includes Racing Women’s intellectual property and global rights, positioning the initiative as a core asset within SEGG Media’s motorsport expansion strategy. The move follows the inaugural Sports.com Nations Trophy at Donington Park, where eight Racing Women competitors represented seven nations and Austria’s Jorden Dolischka claimed the championship, securing a funded drive at the Radical Gulf Cup in Abu Dhabi this November.
NOTE TO INVESTORS: The latest news and updates relating to SEGG are available in the company’s newsroom at https://nnw.fm/SUUN
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
SEGG Media (NASDAQ: SEGG, LTRYW) announced that its subsidiary Sports.com Media Group Ltd has signed a Letter of Intent to acquire all assets of Racing Women Limited, the pioneering initiative supporting female drivers in motorsport. Under the agreement, Sports.com Media will acquire a 51% controlling stake in a new entity holding Racing Women’s assets at a $1 million valuation, with options to expand to full ownership. The acquisition includes Racing Women’s intellectual property and global rights, positioning the initiative as a core asset within SEGG Media’s motorsport expansion strategy. The move follows the inaugural Sports.com Nations Trophy at Donington Park, where eight Racing Women competitors represented seven nations and Austria’s Jorden Dolischka claimed the championship, securing a funded drive at the Radical Gulf Cup in Abu Dhabi this November.
NOTE TO INVESTORS: The latest news and updates relating to SEGG are available in the company’s newsroom at https://nnw.fm/SUUN
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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