Slightly Mad Studios have bought Blimey! Games and its assets in an effort of saving the studio from bankruptcy.
Ever since the demise of parent company 10tacle8 Studios in August 2008, Blimey! Games suffered financial troubles, putting the ongoing Kart Attack, Ferrari Project and Project Falcon titles and plenty of jobs in danger of being scrapped.
“We kept things going as long as possible,” commented former Blimey! director Ian Bell, “because of the amazing work the team was doing on our one surviving project and the patience of our publisher. However it was commercially unsustainable and it soon became clear that unless decisive action was taken we would lose that”.
Following his involvement with Simbin and Blimey!, Bell is now the man behind Slightly Mad Studios. The newly found studio managed to preserve all jobs at Blimey! and ensured the company will be receiving most if not all of the money it is owed.
Hopefully, the new studio can now moving forward as planned, it looks like the sim racing community barely escaped the loss of a second major player in what’s pretty much a niche industry.