1 May 2024 07:00
Press release
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1 May 2024
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Guild Esports PLC
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("Guild Esports", "Guild", or "the Company")
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Guild joins 'ESL R1' Sim Racing Championship
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Guild Esports PLC (LSE: GILD; OTCQB: GULDF), a global gaming-focused media business, announces that it has entered ESL R1, a sim racing championship.
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ESL R1 features a distinctive format, including one-shot qualifying and short-format races, requiring sim racing drivers to adapt quickly to non-traditional racing formats. In both the driver's championship and team's championship, drivers accumulate points in each race using a unique points system, leading to 'finalist mode', where drivers who have reached a certain points threshold must win the next race to win the overall event.
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ESL R1 offers significant prize money, with a $100,000 prize pool for drivers and $400,000 for teams. The tournament was created through a partnership between esports organiser and production company ESL and Rennsport, an upcoming sim racing game. It is confirmed to feature in the Esports World Cup (EWC) in August 2024.
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Jasmine Skee, CEO of Guild Esports, commented: "We are thrilled to announce Guild Esports' entry into the ESL R1, a pioneering sim racing championship. This will provide a new level of entertainment to Guild's sim racing fans. We look forward to signing a talented roster soon and are excited about the prospects this new championship offers, both in terms of competition and potential for growth."
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For further information please contact:
Guild Esports | |
Jasmine Skee Chief Executive | via Tancredi +44 207 887 7633 Â |
Tennyson Securities | |
Corporate Broker Peter Krens | +44 207 186 9030 |
Tancredi Intelligent Communication Media Relations | |
Helen Humphrey Charlie Hobbs guild@tancredigroup.com | +44 7449 226 720 +44 7897 557 112 |
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About Guild Esports:
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Guild Esports PLC is a global gaming-focused media business that fields professional players in gaming competitions under the Guild banner. Our in-house training academy aims to attract and nurture the best esports talent, and our goal is to provide the ultimate entertainment experience alongside a distinctive lifestyle brand authentic to the esports community worldwide. Guild is led by an experienced management team of entertainment sector and esports veterans and co-owned by David Beckham. The Company is headquartered in the UK and its shares are listed on the Main Market of the London Stock Exchange (ticker: GILD) and on the OTCQB Venture Market in the United States (ticker: GULDF). Please visit www.guildesports.com for more information.
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