Sega confirms closure of Racing Studio

MCV Staff 9th April 2008 Business News

Sega has confirmed yesterday’s report on

Develop

that it has closed its racing studio.

Next-Gen was the first site to report on a statement to the press from the publisher.

It reads:

‘Regrettably Sega today announced that it is to commence consultation regarding the unfortunate closure of the Sega Racing Studio in Birmingham, UK.

‘The decision is part of a review of Sega’s Western Development Studios to ensure that each studio is a profitable entity in its own right, and unfortunately the Sega Racing Studio’s 5 year plan would not result in a successful return for the Sega business moving forward.

‘Sega would like to stress that there will be no changes within their other internal development studios.’

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