Racing Women Training Camp concludes with success at Silverstone

LONDON - SEGG Media Corporation (NASDAQ:SEGG), a niche player in the media industry with a market capitalization of $20.7 million, announced the completion of its inaugural Racing Women Training Camp, a four-day program designed to prepare female drivers for motorsport careers. The event, which concluded Thursday, brought together eight drivers from the USA, UK, Hungary, Dubai, and Qatar.

Participants engaged in various training activities across British racing venues including Silverstone, Milton Keynes, and Donington Park. The program featured mindset seminars led by industry professionals, simulator training at Silverstone’s iZone Performance Center, on-track instruction at Daytona Motorsport, and hands-on sessions with Radical Motorsport at Donington Park.

"The inaugural Sports.com-sponsored Racing Women Training Camp turned out to be a huge success," said Graeme Glew, Founder and CEO of Racing Women. "These girls came from all over the world and they all went away with big smiles on their faces, having spent three days in intensive training."

Matthew McGahan, Chairman and CEO of SEGG Media, stated, "SEGG Media is delighted with the progress of the Racing Women initiative. Programs like this enhance our brand exposure, create long-term sponsorship opportunities, and strengthen shareholder value." According to InvestingPro analysis, the company currently faces profitability challenges with negative EBITDA of $10.8 million in the last twelve months. InvestingPro data suggests the stock is currently overvalued, with 13 additional key insights available to subscribers.

The training camp coincides with SEGG Media’s other motorsport engagements this week, including backing three drivers at the Milwaukee Mile and executive attendance at the Daytona 500 as NASCAR guests.

Racing Women LLC describes itself as a global movement focused on empowering women in motorsport through opportunity, training and community.

This article is based on a press release statement from SEGG Media Corporation.

In other recent news, Lottery.com Inc., now operating as SEGG Media Corporation, has announced several significant developments. The company has entered into a Share Purchase and Sale Agreement to acquire a 51% controlling interest in DotCom Ventures for $5 million, which includes assets such as domain names concerts.com and ticketstub.com. Additionally, SEGG Media disclosed plans to acquire up to a 51% stake in Veloce Media Group through staged investments, as outlined in agreements signed earlier this year. In a strategic move to address alleged short selling, SEGG Media is initiating a CUSIP number change following its corporate rebrand. This rebranding saw the company begin trading under the new ticker symbol "SEGG" on the Nasdaq Stock Market. Moreover, the company clarified that references to a "2023 Incentive Award Plan" in recent SEC filings were incorrect and should refer to the "2021 Incentive Award Plan." These developments highlight SEGG Media’s ongoing efforts to expand its market presence and address shareholder concerns.

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