There's been a big change made at the sim racing hardware manufacturer, as Simagic co-founder Tyler Wang has left the company. Based in Shenzhen, China, the company began producing sim racing equipment in 2018, starting with the M10 wheelbase, GT1 wheel, and a 2.4G wireless quick release system. And they've since become well-established with the Alpha wheelbase range, the … [Read more...]
General sim racing news and reports on the industry, covering games studios, industry moves, and anything not directly related to a specific game title or product
New Motorsport Games Agreement To Complete On Studio 397
Four years feels like a long time in sim racing, but having announced the acquisition back in 2021, there's a new Motorsport Games agreement to complete on Studio 397 to take full ownership of the studio. It was announced as completed back in May 2021 by the then Motorsports Games CEO Dmitry Kozko and Studio 397 Direct of Studio Marcel Offermans, both of whom have since left … [Read more...]
EA Sports F1 24 Wins At The 2025 D.I.C.E Awards
The award for Best Racing Game of 2024 has gone to Codemasters and Electronic Arts, as EA Sports F1 24 wins at the 2025 D.I.C.E Awards. Hosted by the Academy of Interactive Arts and Sciences (AIAS), the annual awards have been going since 1998, with more than 33,000 AIAS members voting to select the winners from the final list of nominees. And along with being the main … [Read more...]
Driver Developer Ubisoft Reflections Is Being Downsized
Destruction Derby and Driver developer Ubisoft Reflections is being downsized with job losses as the parent company also closes Ubisoft Leamington and cuts in Dusseldorf and Stockholm. Formerly Reflections and Reflections Interactive Limited, the Newcastle upon Tyne studio began in 1984, being acquired by GT Interactive (later Infogrames and Atari) in 1998 and then by … [Read more...]
Seat Maker Recaro Automotive Files For Bankruptcy
It's a tough time for German firms making sim racing equipment as not only have Fanatec become insolvent, but now seat maker Recaro Automotive files for bankruptcy. The company dates back to 1906, with Recaro Holdings owning the aircraft, seating and gaming companies, with Recaro Automotive Seating owned by Raven Acquisitions LLC since 2020. Confusingly, the sim racing side … [Read more...]
Fanatec Parent Company Endor AG Files For Insolvency
The future isn't certain for one of the biggest sim racing hardware companies, as Fanatec parent company Endor AG files for insolvency. An attempt to restructure under the German Company Stabilisation and Restructuring Act (StaRUG) has failed, apparently due to a request by the former CEO and majority stakeholder to "convene an extraordinary general meeting to prevent a … [Read more...]
Corsair Negotiates To Buy Fanatec
There's a big change coming to the world of sim racing equipment as Corsair negotiates to buy Fanatec and parent company Endor AG. It's been a turbulent time for Fanatec, with new chairman and CEO Andres Ruff replacing founder Thomas Jackermeier, issues with fulfilling orders and customer service, delays and debts related to a new headquarters, and more. Corsair has already … [Read more...]
Umberto Bettini Appointed General Manager at Milestone
While the big news is that Embracer Group will split into three separate companies, there are still changes being made at lower levels of the business, with Umberto Bettini appointed General Manager at Milestone. Formerly the Country Manager of Plaion Italy, the 53-year-old has been with the company since 2011, and will report directly to CEO Luisa Bizio, oversearing all … [Read more...]
Fanatec Gets A New Official F1 Provider and License Deal
In the midst of some upheaval for the company, Fanatec gets a new official F1 provider and license deal. The renewal of the existing agreement will run for multiple years, and means they'll continue supplying teams and drivers in the Formula 1 Sim Racing series. And it also means there will be more F1 products being launched for sim racing, including the latest licensed … [Read more...]
Fanatec Appoint Andres Ruff As New Chairman and CEO
After a turbulent time for the sim racing hardware manufacturer, which included dismissing founder Thomas Jackermeier from his position leading the business, parent company Endor AG and Fanatec appoint Andres Ruff as new chairman and CEO. The news was revealed in a statement shared via social media, as the current CRO takes the new position with immediate effect. And he … [Read more...]
Embracer Group Will Split Into 3 Separate Companies
After recently selling Saber Interactive, the home of SnowRunner and MudRunner, to the new Beacon Interactive company, there's another big resutructuring as Embracer Group will split into 3 seperate companies. This will mean a trio of standalone publicly listed entities, with two of them including the racing game developers currently within the Embracer portfolio. Going … [Read more...]
Motorsport Games And BTCC Agree A New License Deal
After their original license agreement was terminated back in November 2023 due to 'ongoing fundamental breaches', Motorsport Games and BTCC agree a new license deal, covering rFactor 2 content until the end of 2026. Having found an amicable resolution to their issues, both parties have signed a new non-exclusive license agreement, which means British touring car content … [Read more...]
Fanatec Have Dismissed CEO Thomas Jackermeier
After a period beset with supply chain issues, licensing delays and getting equipment delivered to customers, Fanatec have dismissed CEO Thomas Jackermeier. Jakermeier began the business back in 1997, with the first wheel released in 1998, and parent company Endor AG named after the planet in Return of the Jedi. He also holds around 50% of the shares in Endor after the … [Read more...]
Embracer Group Confirms The Sale Of Saber Interactive
Early reports have proven true as Embracer Group confirms the sale of Saber Interactive to Beacon Interactive, a new company led by director and Saber co-founder Matthew Karch. Karch stepped down as Saber CEO in the summer of 2023 (He's still listed as President on LinkedIn, and remains a large shareholder in Embracer Group). Which makes the sale more intriguing than simply … [Read more...]
Is Saber Interactive Being Sold By Embracer Group?
Originally reported by Bloomberg, is Saber Interactive being sold by Embracer Group? The American developer and publisher is home to various racing and driving games, including the MudRunner and SnowRunner titles (with Expeditions: A MudRunner Game released this week), and Dakar Desert Rally, along with previous titles including MX Nitro Unleashed, Road Redemption and the … [Read more...]