Codemasters have announced that they will continue making the officially licenced Formula 1 video games until 2025, at least.
Codemasters, the UK-based video game developer, have announced that they have extended their contract with Formula One Management. Having held the exclusive rights to the Formula 1 video game franchise since 2008, they will continue making the official games until at least 2025.
Their contract was due to expire at the end of 2021, but this contract extension is now the longest in the Codemasters/FOM partnership’s history. While the contract technically ends in 2025, there is a further option for 2026 and 2027.
“We are delighted to be extending our long-term partnership with the pinnacle of motorsport,” said Frank Sagnier, Chief Executive Officer at Codemasters.
“Both the sport and game franchise are going from strength to strength and the arrival of new platforms, business models and territories, combined with the rapid growth of the F1 Esports Series, give us a springboard to even greater success. I’d like to thank the team for the incredible hard work they have put into this franchise over the last ten years, and I look forward to seeing how they continue to innovate to surprise and delight our current players and bring new fans to the exciting world of Formula 1.”
Codemasters’ F1 games have won multiple awards and this year’s instalment, F1 2019, has achieved a Metacritic average of 87% and a 95% rating on OpenCritic. F1 2019 has been shortlisted across several categories in both the 2019 TIGA Awards and The Golden Joysticks. F1 Mobile Racing, which debuted in 2018, has over 12 million installs and went to number one in the Racing category in 150 countries.
“Since 2008, Codemasters has been an invaluable partner to the franchise, consistently creating games of the highest quality and enabling fans to get even closer to the world of F1,” said Frank Arthofer, Director of Digital and Licensing at Formula 1. “Together we share a common vision for increasing the global appeal of F1 and the official video game of the Formula 1 Championship continues to be a key part of that strategy.”