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CORSAIR is Set to Acquire Fanatec Sim Racing

Corsair is delighted to announce that they have signed a definitive agreement with Endor AG to acquire the Fanatec Sim Racing product line. This includes the existing employees at Endor who manage and operate the Fanatec product line. The headquarters will remain in Landshut and continue to develop future Fanatec Sim Racing products. The transaction is expected to close imminently.

Fanatec is widely celebrated for bringing the thrilling world of Sim Racing into many homes and racing centres, building a huge following of loyal and passionate enthusiasts. Known for its high-quality hardware and innovations in the Sim Racing industry, Fanatec has set the benchmark for immersive racing experiences. Its dedicated Sim Racing products include force-feedback steering wheels, pedals, shifters, and complete cockpits for PlayStation, Xbox, and PC-based racing simulators.

Thermaltake Debuts the GR500 Racing Simulator Cockpit and the Triple Racing Monitor Stand

Thermaltake, a leading PC DIY brand for premium hardware solutions, is proud to announce that the GR500 Racing Simulator Cockpit and the Triple Racing Monitor Stand are now ready for purchase. Moving beyond the conventional PC gaming setup, racing simulators redefine the gaming environment allowing you to feel like you are driving a racing car on a real racetrack in an indoor entertainment space easily. Create your simulators with the Thermaltake racing ecosystem, or take it one step further and match them with a VR headset like the Meta Quest 3, fully immersing the thrill of fast and furious racing!

GR500 Racing Simulator Cockpit
Thermaltake GR500 Racing Simulator Cockpit is designed for racing enthusiasts to experience authentic feel of racing. It comes with a racing-like bucket design and is made with a fiberglass seat, ensuring a premium seating experience. The adjustable seat allows you to glide forward & back, and recline, providing an ideal driving position for long gaming hours. The GR500 is crafted with a sturdy aluminium profile, steel structure, and anti-tip bracket, guaranteeing stability and safety. To make your racing simulator sleek, the base of the GR500 features RGB Lighting Strips including 20 lighting effects. If you switch to Rhythm Pickup mode, the lighting can even dynamically change with music. Additionally, Thermaltake GR500 has universal hardware compatibility that supports mainstream wheels, gear shifters, and pedals from Logitech, Fanatec, Thrustmaster, and more, allowing you to build an ideal racing simulator with high customization.

Corsair Pursuing an Acquisition of Fanatec, the Leading Brand for Sim Racing Hardware

Corsair announced today that it has entered exclusive negotiations to acquire sim racing specialist Endor AG, owners of the world famous Fanatec brand. Corsair has reached an agreement with Endor to fund its short-term cash needs while both companies negotiate a restructuring of Endor's approximately €70 million of debt, which will ultimately result in Corsair acquiring Endor. "Fanatec is an incredible brand with a strong community, and we believe Corsair is the ideal home for Fanatec's loyal customers, employees and business partners," said Corsair CEO, Andy Paul. "This transaction would solve the company's significant debt load and position the company for growth and continued product portfolio expansion."

This sentiment is echoed by Endor. "We are very pleased to have found a strategic investor in Corsair who knows our market well and wants to invest for the long term," said Andres Ruff, CEO and Chief Restructuring Officer of Endor. Endor is a leading manufacturer of dedicated sim racing hardware, including force feedback steering wheels, pedals, and complete cockpits for PlayStation, Xbox, and PC-based racing simulators. This acquisition bolsters the investment Corsair has made in the simulation space, and means it is uniquely positioned going forward to provide peerless sim racing solutions.

Fanatec and Formula 1 Renew Licensing Partnership, Launching ClubSport Racing Wheel F1

Fanatec is pleased to announce that it is continuing as an Official Licensee of Formula 1 and Official Provider of Formula 1 Sim Racing with a new multi-year agreement. Since 2018, both parties have continued to push the boundaries of real-world motorsport and sim racing, giving fans across the world the chance to experience the rush and thrill of the world's greatest sports and entertainment spectacle in their own home, and in the Fan Zones and Paddock Club of Formula 1 races across the globe. As part of the new deal, Fanatec will also continue as the Official Provider of Formula 1 Sim Racing, supplying teams and drivers with a full racing set up including a steering wheel, pedals, direct drive wheel base, and cockpit. Round three of the 2024 F1 Sim Racing Championship will take place on May 7.

The ClubSport Racing Wheel F1 is the latest officially licensed F1 hardware package from Fanatec, combining a new F1 Steering Wheel with unique blue forged carbon finish together with the acclaimed 15Nm ClubSport DD+ Wheel Base. Officially licensed by PlayStation for PS5 and PS4 consoles, this product was developed under the official licensing and approval of Sony Interactive Entertainment.
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