MIAMI, June 24, 2015 /PRNewswire/ -- Motorsport.com today announced its acquisition of Formulawahad.com, a leading provider of online motorsports news and content that covers 22 countries within the Middle East and North Africa (MENA).
The announcement expands Motorsport.com's global footprint and delivery of online news content, including the largest motorsports digital platform in Arabic.
"With our entry into the Middle East and North Africa, Motorsport.com continues to strengthen its position as the global leader of auto racing news content," said Eric Gilbert, vice president of operations, Motorsport.com. "Formulawahad.com has built a very successful business model that will help leverage Motorsport.com's strategic growth into 14 countries and 10 native languages in 2015."
As part of the acquisition, Motorsport.com will launch Motorsport.com - MIDDLE EAST, an Arabic-based sister motor sports website which will cover all major racing series, including Formula 1, World Endurance Championship, MotoGP, World Rally Championship, FIA Formula E, and provide extended coverage on local championships including the Middle East Rally Championship.
"The MENA region is a very important piece to our global vision," said Scott Sebastian, vice president of marketing, Motorsport.com. "The region's macroeconomic strength combined with very loyal passionate race and auto enthusiasts makes sense for our entry into the market."
Motorsport.com also announced the appointment of Khodr Rawi as Director of Motorsport.com – MIDDLE EAST. Rawi will lead the direction of all regional content for and report directly to Motorsport.com Editor in Chief, Charles Bradley. Rawi's appointment is effective immediately.
"I am absolutely delighted to be able to join Motorsport.com, which is undoubtedly one of the best international websites around the globe," said Rawi. "It is a great privilege for me to be able to keep the Arabic readers in the Middle East and North Africa up to date with all of the breaking news and analysis in the world of Motorsport. I feel there is no better platform to offer this, than from the prestigious Motorsport.com. This is an exciting time for the region, as we are experiencing a real increase in the appeal that Motorsport holds."
One of the fastest growing motor sports websites in the world, Motorsport.com is a technically advanced digital distribution platform, which provides worldwide, multimedia motor sports coverage resulting in over 180 countries this year.
This new business will begin operations in September 2015.
Formed in 1994, Motorsport.com is a technically advanced international network of online motorsports content featuring world-class digital distribution, video and interactive multimedia worldwide with news bureaus in 14 countries in 10 different languages, 24 hours a day, seven days a week.