Formula One Gaming Rights – Update
Posted on May 7th, 2008 in Other Sim Racing – 10 Comments
The last official Formula One game was released over a year ago and it looks like Sony’s Formula One Championship edition for Playstation 3 will have to wait a little longer to get a successor.
According to the TG Daily website, talks between Sony and Bernie Ecclestone over renewing their license have come to a halt. The biggest reason is obviously the price tag as Sony paid 200 million dollars for the past license which covered five seasons.
According to TG Daily, Sony is not willing to spend that amount of cash again, a reasonable decision considering that Sony is not in the most healthiest of financial states and the Playstation 3 is still somewhat struggling against Microsoft’s XBOX 360. Furthermore, Formula One games have never made a big impact on the US market which is very important for console games.
Sony’s hesitation brings up interest from other companies as EA, Ubisoft and Codemasters are all looking to get a piece of the F1 cake. The question is, are the rights really worth that much? The new contract will again cover a span of five years, putting quite some pressure of the (un)lucky company that gets the license. To compensate the 200 million investment, you pretty much have to put out a game each year…and that has never been a quality-raising method in the past.


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