Motorsport Network Announces Appointment of Paul Preuveneers as CEO – Motorstore.com

MIAMI–(BUSINESS WIRE)–Motorsport
Network, a technologically advanced international network of online
motorsports, automotive, and technology digital verticals, today
announced the appointment of sports merchandising and product marketing
expert Paul Preuveneers to the company’s executive management team as
CEO of global operations to its e-commerce business, Motorstore.com.

The appointment is effective immediately.

“I am thrilled to be joining Motorstore.com, a Motorsport Network
company,” Preuveneers said. “Through our sister company Motorsport.com,
the company has set the bar for delivering industry-leading motorsports
news coverage for consumers around the world.

“Now it’s time to raise the bar and offer our dedicated viewership
highly-recognized merchandising brands, exceptional customer service and
strong value experiences through our E-STORE, Motorstore.com.

“By offering these differentiators in the marketplace, we hope to enable
Motorstore.com to grow quickly and seize upon the millions of race fans
around the world who value our brands as the go-to source for everything
auto racing,” he added.

Preuveneers is a proven executive who brings nearly 25 years of industry
experience to Motorstore.com, leading e-commerce teams at companies
serving both consumers and businesses. In his new role, he will oversee
all facets of the newly launched E-Store, including P&L, operations,
sales and marketing and technology.

Prior to his appointment, Preuveneers was chief executive officer of
Branded Sports Merchandising, leading product marketing and retail
solutions company, where he led the strategic arm of PUMA for Sports
Licensing & Merchandising for such global iconic brands, including
Ferrari, Mercedes AMG F1, Red Bull, Arsenal FC and more.

“We are thrilled that Paul has agreed to become CEO of Motorstore.com,”
said Zak Brown, non-executive chairman, Motorsport.com. “Paul’s dynamic
leadership and vision in leading a world-class organization like
Branded, a Puma company, perfectly aligns with our business strategy
within our new e-commerce vertical. Paul has strategically authored some
of the most successful motorsports licensing and merchandising
agreements in all of auto racing. He is unequivocally the choice to lead
our team at Motorstore.com.”

Launched in 2016, Motorstore.com is an industry’s leading motorsports
e-commerce platform and supports the company’s growth into data,
technology and e-commerce and officially carries authentic Formula 1 and
Moto GP team lines, including the exclusive Giorgio Piola Signature
Collection. Motorstore.com is currently available in English and French
and will be offered in additional languages this year.

About Motorstore.com

Formed in 2016, MotorStore.com is a technologically advanced
internet-based motorsports merchandise retailer featuring premier
collections in major racing categories. A subsidiary of the Motorsport
Network, Motorstore.com offers officially licensed merchandise,
including the exclusive Giorgio Piola Signature Collection, across
online and mobile platforms with distribution on all five continents, in
multiple languages.

Contacts

Motorstore.com
Scott Sebastian, M +1-312-519-5040
Email: scott.sebastian@motorsport.com
Vice
President of Public Relations and Marketing