India, May 7 -- Kyle Loftis the founder of 1320video died on Tuesday night, as per the platform's representatives, and claims have risen about a self-inflicted gunshot wound. This comes after claims of Loftis having died by suicide began to do the rounds on social media. To be sure, these claims came from unverified profiles and no official cause of death has been given in Loftis' case, which has only fanned speculations.

"We are extremely saddened to share that Kyle Loftis, the founder of 1320video, passed away last night. We are in a state of shock. Kyle's passion for motorsports inspired millions of people around the world and we will never forget what he has done to grow our beloved sport. Kyle was a beam of light at every gathering....