Motion Scaling Not Rendering in Multicam Sequence

Steps to reproduce:
1. Set up a multicam sequence. Reserve one track for static images (still JPGs)

2. Cut to the still image JPG for a short time

3. After setting start/end points and having the cut section of the multicam track on the timeline, adjust motion in the clip to start with a closeup on an element of the JPG and then scaling it out to full frame

4. Observe that it plays perfectly from the timeline

5. Render to h.264
 
Result: ... The motion effect does not play. The full frame graphic appears without moving
Expected: ... For the motion effect to play in the rendered output.
 
System info
    Application: Premiere Pro (Beta) v25.2.0.106
    OS: Windows v10.0.22631, RAM: 63.82 GB GB, CPUs (logical): 16