Investornewsbreaks SEGG Media Corporation (NASDAQ: SEGG, LTRYW) Signs LOI To Acquire Racing Women Assets, Expand Into Women's Motorsport

(MENAFN- Investor Brand Network) SEGG Media (NASDAQ: SEGG, LTRYW) announced that its subsidiary Sports 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 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 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.

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About SEGG Media Corporation

SEGG Media (NASDAQ: SEGG, LTRYW) is a global sports, entertainment and gaming group operating a portfolio of digital assets including Sports, Concerts and Lottery. Focused on immersive fan engagement, ethical gaming and AI-driven live experiences, SEGG Media is redefining how global audiences interact with the content they love.

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