Veloce Media Group is proud to announce that upon filing its financial figures for the 2023-24 period it has declared a revenue of £12.8 million, up more than £7million compared to the previous year.

The multi-pillared gaming and sports media group has seen increases across all its core metrics. Growth in partnerships and clients across esports, content, and physical racing properties have all significantly contributed to the increase in revenue for 2023-24, as have new revenues associated with Veloce’s blockchain and web3.0 related technologies.

Founded in 2018 in London, UK, Veloce are now industry leaders in the esports sector, operating teams and managing upcoming talents, and this work extends into real-world motorsport with race winning teams such as E.ON Next Veloce Racing in Extreme E.

Veloce also specialises in content creation and distribution, as well as the design and sale of commerce in the racing and gaming industries. The brand’s portfolio extends to its successful joint venture, Quadrant, with Formula 1 driver Lando Norris.

Alongside successful campaigns spotlighted throughout Veloce’s diverse offering, the brand has continued to grow its network of digital media channels with over 55 million subscribers and 750 million monthly views.

Daniel Bailey, CEO Veloce Media Group, commented: “We’re really proud of the growth we’ve seen over the past 24 months and this is reflected in our financial statement for 2023-24.

“Myself, the rest of management and our supportive board are very enthused to not only see the rapid development of our business, but also the exciting industries that we operate in. It’s great to have been at the forefront of this and we’re excited to see our business continue to evolve over the next few months as we continue to push boundaries in the racing, gaming and new media & content spheres.”