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Touchpoint Group Holdings Inc TGHI

Touchpoint Group Holdings, Inc. (TGHI) is a holding company. The Company, through its subsidiaries, is engaged in the media and digital technology, primarily in sports entertainment and related technologies that bring fans closer to athletes and celebrities. The Company supplies a fan engagement platform designed to enhance the fan experience and drive commercial aspects of the sports and entertainment business. The features of the Touchpoint APP and program includes live streaming, video content library, access to limited edition merchandise, including collectables such as limited-edition videos and other digitized media files (non-fungible tokens (NFT)), full end to end shop module, metaverse ready gamification, user rewards, third party-branded offers, credit cards, and associated benefits. The Company serves the United States and the United Kingdom.


GREY:TGHI - Post by User

Post by AveragePennyon Apr 07, 2022 12:14pm
104 Views
Post# 34584606

Touchpoint Group Holdings’ AIR RACE Announces Agreement

Touchpoint Group Holdings’ AIR RACE Announces Agreement

This event will be held in partnership with Borneo Airlines Sdn. Bhd, a Malaysian Aviation and Marketing Company, and will be the first time since the race in 2014, that an ARWC event will be held in Malaysia. It is expected that approximately 150,000 people will watch the event live. A further 50 million people are expected to view the global broadcast (forecast by Nielsen Sports).

Executive Chairman of Borneo Airlines Sdn. Bhd., Dato’ Alimuddin Mallorong, commented, “We are glad to see ARWC is back in the air again in Malaysia after the last event in 2014 at Putrajaya. We are grateful to Air Race for putting Malaysia on its racing calendar. ARWC is not just about winning the race, but also shining a spotlight on evolving aircraft technology and, importantly, demonstrating the courage and bravery of the pilots that complete the challenging race. We want the young Malaysians to be inspired and instil this bold spirit within them.”

Nalin Jay, CEO of AIR RACE Limited, stated, “We are excited to announce Malaysia as one of the host countries for the AIR RACE World Championship 2022. This multi-year agreement, worth in excess of $8.5 million, clearly illustrates the commitment from our host countries to invest in our unique brand of motorsport. We look forward to putting on a spectacular show for the people of Malaysia over the next three years. Malaysia is one of the world’s most dynamic economies with a young, aspirational and increasingly affluent population. This is the third host city agreement that we have announced in a little over a week and shows that the world of Air Racing has huge global appeal.”

AIR RACE World Championship is a race format originally developed by Red Bull as the Red Bull Air Race. It was founded in 2003 and has hosted 94 championship series races around the globe. It has attracted viewers in 187 countries and has been broadcast to an audience of over 230 million viewers with over 2.3 billion media impressions worldwide in its most recent season. It is the largest live spectator sports event in the world attracting over 1 million spectators to a single air race on multiple occasions in cities such as Porto and Barcelona.

AIR RACE World Championship will build on the significant legacy that the Red Bull Air Race leaves behind, and is well positioned to deliver one of the world’s most thrilling and pioneering global sporting events – focused on future tech, innovation, clean energy and spectator experience. A video overview is available here.

AIR RACE is designed to push the boundaries of modern air racing, and will deliver a platform that supports and showcases the latest technological developments in green power and advanced aerial mobility. New race categories to be introduced include electric powered aircraft, EVTOL (vertical take off and landing) and JetPacks.

https://www.globenewswire.com/news-release/2022/04/07/2418589/0/en/Touchpoint-Group-Holdings-AIR-RACE-Announces-Agreement-to-Host-Air-Race-World-Championship-Event-in-Malaysia.html

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