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Motor1
Motor1
Sport
Anthony Alaniz

Your Favorite Sim Racing Equipment Supplier Just Went Bankrupt

Fanatec, the company that makes racing video game peripherals like wheels, pedals, and shifters for dedicated cockpits and other sim racing setups, could be in trouble. Its parent company, Endor AG, filed for insolvency on Tuesday in a German court after negotiations failed with Corsair, a strategic investor that had announced plans to buy the beleaguered company just a few months ago. Endor AG has too much debt— €70 million ($75.7 million) in bank debt and €95 million ($102.8 million) in total liabilities.

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