Codemasters has secured a multi-year licensing extension to continue developing official Formula 1 games for the PC, PS3, Xbox and other gaming devices.
The British based developer secured its original license back in 2009 with the release of the Wii version. Since then, the company has sold over 5.5 million copies of its F1 2009, F1 2010 (which is the fastest selling F1 game in history) and the most recent F1 2011.
Formula One group CEO Bernie Ecclestone said of the deal: “Codemasters has created some of the best and most successful Formula One games to date. We and the teams work closely with them and look forward to creating more award-winning games together in the future.”
Rod Cousens, Codemasters CEO, added: “We got off to a strong start with Formula One but we harbour ambitions to do much more. Formula One is front of mind at Codemasters and we give it the focus and attention it deserves. We have established close links across the sport and they know that, in Codemasters, they have a great partner.
“We remain ambitious with our plans and want to take the series forward. We want to take it to new geographies, make it available on new platforms to new audiences. We are taking Formula One to a new online platform this spring and our portfolio will be extended with a Formula One experience that will address a younger video game audience later in 2012.
“Our teams are hard at it, creating world class Formula One games across multiple genres for players irrespective of location or gaming platform and now, for many years to come.”
The company is set to debut a free online F1 management game later this year, similar to that of Football Manager.