Motorsport Games appoints Peter Hansen-Chambers as CFO

This summary was generated by AI from the company's SEC filing and may contain errors — always verify against the primary source on SEC.gov.

The short version

Motorsport Games Inc. has appointed Peter Hansen-Chambers as Chief Financial Officer, effective July 1, 2026. Hansen-Chambers previously served as Executive Advisor to the company starting in January 2026 and brings nearly two decades of experience in video games, including roles at Hutch Games, Sony Computer Entertainment Europe, and Codemasters. Outgoing CFO Stanley Beckley will move into a newly created role as Chief Accounting and Compliance Officer on the same date.

Motorsport Games Inc. (NASDAQ: MSGM) has announced that Peter Hansen-Chambers will become its Chief Financial Officer, starting July 1, 2026. The racing game developer said Hansen-Chambers has been serving as Executive Advisor since January 2026, offering commercial strategy and consulting services.

Hansen-Chambers brings nearly 20 years of experience in the video games industry. Most recently, he was Co-CEO and Chief Financial Officer at mobile games developer Hutch Games Ltd from October 2014 to October 2025. According to the company announcement, he helped transform Hutch from a loss-making startup of about 20 people into a profitable business with more than 170 employees across multiple sites. In 2020, he oversaw the sale of Hutch to Modern Times Group MTG AB for a price exceeding $275 million. Hutch continued operating as part of MTG after the sale.

Before Hutch, Hansen-Chambers held roles at several other gaming and entertainment companies, including Dovetail Games, Sony Computer Entertainment Europe, Bugatti, NaturalMotion, and Codemasters.

Stanley Beckley, Motorsport Games' current CFO, will transition to a newly created position as Chief Accounting and Compliance Officer, also effective July 1, 2026.

Employment Terms

According to the employment agreement filed with the SEC, Hansen-Chambers' base salary will be £240,000 per year, subject to review and approval by the board's Compensation Committee. He is eligible to participate in the company's Incentive Compensation Plan and target cash bonus schemes, with a target bonus equal to 25% of his annual base salary. The agreement recognizes his service as a consultant starting January 20, 2026, and credits that time toward calculating any pro-rated bonus for 2026.

The contract specifies that Hansen-Chambers must devote his full working time to the company on an exclusive basis and cannot accept other appointments without the written consent of the Chief Executive Officer. The agreement also includes standard provisions on confidentiality, non-competition (for 12 months after termination), and non-solicitation of customers and employees.

Termination notice periods range from four to six months for the employee and six to twelve months for the company, depending on length of service. The company also has the right to terminate immediately and pay severance in lieu of notice, calculated as the base salary for the applicable notice period, minus taxes and social insurance contributions.

Key facts

Peter Hansen-Chambers appointed as Chief Financial Officer of Motorsport Games Inc. (NASDAQ: MSGM), effective July 1, 2026

Hansen-Chambers served as Executive Advisor to Motorsport Games starting January 2026

Stanley Beckley transitions to Chief Accounting and Compliance Officer, effective July 1, 2026

Hansen-Chambers has nearly 20 years of experience in video games industry

From October 2014 to October 2025, Hansen-Chambers was Co-CEO and Chief Financial Officer at Hutch Games Ltd

Hutch Games was sold to Modern Times Group MTG AB in 2020 for a price exceeding $275 million

Hutch Games grew from approximately 20 employees to over 170 employees during Hansen-Chambers' tenure

Hansen-Chambers' base salary: £240,000 per year

Target bonus: 25% of annual base salary

Service as consultant from January 20, 2026 is credited toward 2026 pro-rated bonus calculation

Why it matters

The appointment of a new CFO with substantial experience in successful game industry M&A, particularly overseeing a $275 million sale and building a profitable business, signals potential strategic shifts at Motorsport Games. Hansen-Chambers' background in licensing and commercial strategy in gaming—including work with major partners like Formula 1—is directly relevant to a racing game company's core business model of securing and managing racing franchises. The parallel promotion of Stanley Beckley to a compliance-focused role suggests the company may be tightening its financial controls and accounting oversight, a common step when transitioning to new leadership or preparing for operational scaling.

Frequently asked

Who is the new CFO of Motorsport Games, and when does he start?

Peter Hansen-Chambers is Motorsport Games' new Chief Financial Officer, effective July 1, 2026. He has been serving as Executive Advisor to the company since January 2026.

What is Peter Hansen-Chambers' background in the gaming industry?

Hansen-Chambers has nearly 20 years of experience in video games spanning commercial strategy, licensing, legal, finance, business development, and mergers and acquisitions. Most recently, he was Co-CEO and Chief Financial Officer at Hutch Games Ltd from October 2014 to October 2025, where he helped transform the company from a 20-person startup into a profitable business with over 170 employees. He also oversaw Hutch's sale to Modern Times Group MTG AB in 2020 for a price exceeding $275 million.

What is Peter Hansen-Chambers' salary as CFO?

His base salary will be £240,000 per year, subject to review and approval by the board's Compensation Committee. He is eligible for a target bonus equal to 25% of his annual base salary under the company's Incentive Compensation Plan.

What happens to the previous CFO, Stanley Beckley?

Stanley Beckley, the outgoing CFO, will transition to a newly created role as Chief Accounting and Compliance Officer, effective July 1, 2026, the same date Hansen-Chambers assumes his new position.

What the filing reported

5.02 Departure/Election of Directors or Officers

7.01 Regulation FD Disclosure

9.01 Financial Statements & Exhibits