New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home News

iRacing buys Monster Games, teases racing games for the ‘broader market’ like consoles

New York Tech Editorial Team by New York Tech Editorial Team
January 6, 2022
in News
0
iRacing buys Monster Games, teases racing games for the ‘broader market’ like consoles
Share on FacebookShare on Twitter

One of the paid subscription services that experienced sudden growth during the pandemic has been iRacing. While real-life racing leagues were on hiatus, they used the detailed and realistic sim racing service as an esports broadcasting platform, and enough new people started playing to grow its base of racers on PC from 110,000 at the beginning of 2020 to over 200,000 today.

Now iRacing.com Motorsport Simulations says it has acquired Monster Games, Inc. (MGI). That Minnesota-based studio developed the first four games under the NASCAR Heat brand and its most recent title, SRX: The Game, for play on PC and the PlayStation and Xbox consoles.

A press release announcing the purchase is careful to note, “The iRacing development team will remain 100% focused on continuing to develop the core product, iRacing.” But Monster Games’ experience making console games is clearly a part of the plans going forward, as the release also says this deal will “further the company’s ability to bring the highest quality racing games to the broader market, including the console space.”

Pumped up by its subscriber growth, iRacing also recently acquired Orontes Games, which had already developed a proprietary game engine to power the high-res graphics and advanced physics for its Drag racing game that’s available via Steam Early Access.

Rich Garcia, CEO of Monster Games, has a history with iRacing CEO Dave Kaemmer from the early days of Kaemmer’s previous company, Papyrus, working on well-regarded PC racing games. The plan is for MGI to release an unannounced title in development later this year and then develop games using the resources of all three studios.

More information on what’s next is promised “in the coming year.” Still, a quote from Kaemmer gives a strong hint about what we should expect, “We are at a point as a company that we are comfortable building out these two new teams to explore the broader racing game market to ultimately funnel serious sim racers to our flagship product iRacing on the PC. Rich and the Monster team will be an important part of that strategy as we use our code and experience to bring their games to another level.”

An iRacing port for the PlayStation 5 or Xbox Series X seems unlikely, based on that statement, but bringing its ultra-realistic data to racing games built for play on consoles, as well as continued tech upgrades for the flagship title, appears to be a safe bet.

Credit: Source link

Previous Post

How Warehouse Robots Help Parcel and Distribution Networks

Next Post

Mayer Brown Lures Ex-FTC Fintech Specialist To DC Office

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
VC Firm Fights To Block £7.6M Rosenblatt Legal Bill

Mayer Brown Lures Ex-FTC Fintech Specialist To DC Office

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
Clubhouse will soon let you pin links to the top of rooms

Clubhouse will soon let you pin links to the top of rooms

October 23, 2021
10 Raunchy Movies on Netflix You Won’t Regret Watching

10 Raunchy Movies on Netflix You Won’t Regret Watching

May 20, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
man using a computer

AI Is Easy to Try. Making It Work Is Harder.

September 9, 2026
Kesewi works to a two-word standard: think simple.

One Concept, One Yes: The Studio That Stopped Offering Options

September 8, 2026
FINQ’s Autonomous Ranking Engine Produces 23.51% and 23.83% Since Inception as the S&P 500 Returns 11.61%

FINQ’s Autonomous Ranking Engine Produces 23.51% and 23.83% Since Inception as the S&P 500 Returns 11.61%

September 7, 2026
Blackstone Backs Huskeys With $27M Series A as Security Teams Struggle to Control the Modern Network Edge

Blackstone Backs Huskeys With $27M Series A as Security Teams Struggle to Control the Modern Network Edge

September 2, 2026
Deal Room and Playlist Agent

Walnut Extends AI Agents Across the Full Buyer Journey With Enterprise-Grade Platform Launch

September 2, 2026
man wearing glasses posing outdoors

AI Data Centers Have a Routing Problem. The People Fixing It Fit in a Small Room.

August 30, 2026

Recommended

man using a computer

AI Is Easy to Try. Making It Work Is Harder.

September 9, 2026
Kesewi works to a two-word standard: think simple.

One Concept, One Yes: The Studio That Stopped Offering Options

September 8, 2026
FINQ’s Autonomous Ranking Engine Produces 23.51% and 23.83% Since Inception as the S&P 500 Returns 11.61%

FINQ’s Autonomous Ranking Engine Produces 23.51% and 23.83% Since Inception as the S&P 500 Returns 11.61%

September 7, 2026
Blackstone Backs Huskeys With $27M Series A as Security Teams Struggle to Control the Modern Network Edge

Blackstone Backs Huskeys With $27M Series A as Security Teams Struggle to Control the Modern Network Edge

September 2, 2026

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

AI AI QSRs AI security Allseated Automat-it AWS B2B marketing Business CISO CISO Whisperer Collaborations Companies To Watch Cybersecurity Enterprise AI Entrepreneur Fetcherr Finance FINQ Fintech Funding Announcement Hi Auto Impala Investing Investors investorsummit israelitech Leaders Mate Security Metaverse Mindset Minnesota omri hurwitz Perion PointFive PR QSR Real Estate start- up startupnation Startups Startups On Demand Tech Tech leaders Unlimited Robotics VC
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media