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This company has been such a shitshow for the last few years. They’ve got exclusive licenses for the ACO (Le Mans) and Indycar as well as most of the rights for NASCAR and are just sitting on them not releasing anything.
Unsurprising the devs weren’t getting paid. The company is only still around because of an infusion of cash from a sucker investor last year.
They also own Studio 397 and rFactor 2, which has had its fair share of shitshows as well (before and after the acquisition).
The firm is also in talks with a "known company" for a potential sale of its NASCAR license.
I'm guessing it's Kylotonn. They just lost the WRC license and are nearing the end of Test Drive Solar Crown development. They need a franchise they can push out every year.
Another possibility is EA, because they love their yearly releases and have an abundance of racing game developers right now (Codemasters, Slightly Mad Studios, Evolution (or what's left of them), Criterion, Firemonkeys).
I’d be surprised if it’s not Monster Games (owned by iRacing). They’ve done pretty well in dirt stuff for console with World Of Outlaws and they already have the hardcore sim market conquered.
Ah, I didn’t think about iRacing. Yeah, that’s a super strong possibility.