SimBin Declares Bankruptcy, Reforms as Sector 3

Racing game specialist SimBin is no more, having gone through the bankruptcy process in Sweden to facilitate a restructuring, resulting in the formation of a new company named Sector 3 Studios, which will continue development of RaceRoom Racing Experience, the simulation they began as SimBin. This reported on Develop, where former SimBin COO Christopher Speed explains the bankruptcy was the "easiest" way to conduct the restructuring they sought, indicating this process cost 18 employees their jobs. "I formed Sector 3 to first try and keep as much of the talent SimBin employed as possible,” the aptly named Speed explains. "I also believe in RaceRoom Racing Experience as a product and the surrounding commercial ventures that were spawning from it."
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16.
 
Re: SimBin Declares Bankruptcy, Reforms as Sector 3
Sep 12, 2014, 18:13
16.
Re: SimBin Declares Bankruptcy, Reforms as Sector 3 Sep 12, 2014, 18:13
Sep 12, 2014, 18:13
 
It's obvious that most commenters have not tried R3E since multiplayer was released. I tried IRacing and was disappointed with the ice racing physics model and the lack of damage modeling. I like the league system you describe but I cannot afford a subscription and the cost of tracks/cars. I have heard that many IRacers have about $2000 invested in IRacing. That's too rich for my blood.
15.
 
Re: Out of the Blue
Sep 12, 2014, 17:53
15.
Re: Out of the Blue Sep 12, 2014, 17:53
Sep 12, 2014, 17:53
 
Dmitri_M wrote on Sep 11, 2014, 20:15:
BazzaLB wrote on Sep 11, 2014, 17:47:
SMS , The team behind project cars were the people mostly responsible for developing GTR, GTL. They split from SimBin after GTL.
It's too bad SMS opted to use the NFS Shift engine as the basis for Project Cars rather than the ISIMotor engine the Simbin titles used.

As a Gran Turismo or Grid competitor on PC it's ok (and certainly looks amazing), but it is not a sim. They certainly have developed the physics but the slant towards graphics over physics is apparent.

Hmmm, realy!? Have to disagree about it not being a sim, but thats pretty standard for this genre but thats fine, each to their own.
Lurking on Blues since mid nineties
14.
 
Re: Out of the Blue
Sep 11, 2014, 20:15
14.
Re: Out of the Blue Sep 11, 2014, 20:15
Sep 11, 2014, 20:15
 
BazzaLB wrote on Sep 11, 2014, 17:47:
SMS , The team behind project cars were the people mostly responsible for developing GTR, GTL. They split from SimBin after GTL.
It's too bad SMS opted to use the NFS Shift engine as the basis for Project Cars rather than the ISIMotor engine the Simbin titles used.

As a Gran Turismo or Grid competitor on PC it's ok (and certainly looks amazing), but it is not a sim. They certainly have developed the physics but the slant towards graphics over physics is apparent.
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13.
 
Re: Out of the Blue
Sep 11, 2014, 18:05
Prez
 
13.
Re: Out of the Blue Sep 11, 2014, 18:05
Sep 11, 2014, 18:05
 Prez
 
I used to read about SimBin a lot when Andy Mahood was penning the sim column for PC Gamer. He was such a good writer that despite having almost no interest in hardcore racing sims, I read and enjoyed every article. SimBin was a regular topic since they made so many great sims that the racing community loved. I am still not a gearhead but I am sad about this news nonetheless.
"The assumption that animals are without rights, and the illusion that our treatment of them has no moral significance, is a positively outrageous example of Western crudity and barbarity. Universal compassion is the only guarantee of morality."
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12.
 
Re: Out of the Blue
Sep 11, 2014, 17:47
12.
Re: Out of the Blue Sep 11, 2014, 17:47
Sep 11, 2014, 17:47
 
Rigs wrote on Sep 11, 2014, 14:48:
Far be it for me to be a Simbin fanboi, but I do own all of their greatest hits. While their marketing process leaves much to be desired, there's no denying they had some serious talent. I, too, wish they had focused on GTL2 and GTR3 instead. At least they're not totally dead. Hopefully they can pick themselves back up and blaze a new path to where they used to be in the genre. Regardless, Simbin will be missed. They made some epic racing sims that I put far too many hours any reasonable individual should ever admit to...


=-Rigs-=

SMS , The team behind project cars were the people mostly responsible for developing GTR, GTL. They split from SimBin after GTL.
Lurking on Blues since mid nineties
11.
 
Re: SimBin Declares Bankruptcy, Reforms as Sector 3
Sep 11, 2014, 16:25
11.
Re: SimBin Declares Bankruptcy, Reforms as Sector 3 Sep 11, 2014, 16:25
Sep 11, 2014, 16:25
 
I signed up for RaceRoom when it was available and was very much disappointed with the force feedback through the steering wheel. Toss in too little launching content and a hollow gaming experience and I never came back.

As far as I know, RaceRoom only really supports time trail competitions and has not yet embraced actual PVP racing with rankings.

Assetto Corsa, Project Cars, Forza, Turismo all lose out to iRacing

iRacing has got the best side-by-side car racing out there, all thanks to a well thought out license system that I haven't seen ANY other racing game attempt to deploy in multiplayer. Basically every driver has two ratings, one for skill and one for safety.

When you sign up for a scheduled race, it will group you by skill first but use safety to balance. This lets drivers like me, who try to drive clean first and fast second, to be grouped in a race where I'm expected to finish last (according to skill ranking) but with the opportunity to gain massive points if others crash out.

Those that can't go 20 laps without hitting a car are grouped in the lower tiers where they can battle amongst themselves in risky style that the top racers have evolved beyond.

Anyways, I'd much rather pay $70 for a yearly subscription to iRacing and access to its developed community and structured races then spin my wheels with RaceRoom to unlock a faster car to win a time trial
10.
 
Re: Out of the Blue
Sep 11, 2014, 14:55
10.
Re: Out of the Blue Sep 11, 2014, 14:55
Sep 11, 2014, 14:55
 
You owe it to yourself to try R3E again since the recent update and then you can comment accurately. To do otherwise would be like telling a NASCAR fan that NASCAR racing is nothing but turning left every few seconds and repeat. There are some fine-tip paint brushes available. Just grab one.
9.
 
Re: Out of the Blue
Sep 11, 2014, 14:48
Rigs
 
9.
Re: Out of the Blue Sep 11, 2014, 14:48
Sep 11, 2014, 14:48
 Rigs
 
Optional nickname wrote on Sep 11, 2014, 14:32:
Along came Assetto Corsa and killed 2 birds with 1 stone. Being Simbin and Gran Turismo on PS3. too bad, but that's a tight marketspace that Assetto Corsa won over with all the right ingredients.

Project Cars is expected to come and steamroll this entire parkinglot as well, come November.

Wha..? I don't understand half of what you said. Assetto Corsa is in Early Access, so it's not done. Neither is Project Cars for that matter. Race Romper Room is out now and has been updated plus it's 'free'. I'm not seeing any kind of comparison here except that they're both racing sims?

Far be it for me to be a Simbin fanboi, but I do own all of their greatest hits. While their marketing process leaves much to be desired, there's no denying they had some serious talent. I, too, wish they had focused on GTL2 and GTR3 instead. At least they're not totally dead. Hopefully they can pick themselves back up and blaze a new path to where they used to be in the genre. Regardless, Simbin will be missed. They made some epic racing sims that I put far too many hours any reasonable individual should ever admit to...


=-Rigs-=
Dec 10th, '21 Mayfield EF4 tornado survivor
'Sorry, we thought you were dead.'
'I was. I'm better now.'
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8.
 
Re: SimBin Declares Bankruptcy, Reforms as Sector 3
Sep 11, 2014, 14:48
8.
Re: SimBin Declares Bankruptcy, Reforms as Sector 3 Sep 11, 2014, 14:48
Sep 11, 2014, 14:48
 
You are using too big of a paint brush to paint the current racing sim picture. Look back again at your can of paint brushes and you will see paint brushes with a fine tip so you can truly capture the subtle differences between the different sim racing titles. Perhaps you will need to practice holding the fine tip paint brush before you can use it effectively.
7.
 
Re: SimBin Declares Bankruptcy, Reforms as Sector 3
Sep 11, 2014, 14:32
7.
Re: SimBin Declares Bankruptcy, Reforms as Sector 3 Sep 11, 2014, 14:32
Sep 11, 2014, 14:32
 
Along came Assetto Corsa and killed 2 birds with 1 stone. Being Simbin and Gran Turismo on PS3. too bad, but that's a tight marketspace that Assetto Corsa won over with all the right ingredients.

Project Cars is expected to come and steamroll this entire parkinglot as well, come November.
6.
 
Re: SimBin Declares Bankruptcy, Reforms as Sector 3
Sep 11, 2014, 14:31
6.
Re: SimBin Declares Bankruptcy, Reforms as Sector 3 Sep 11, 2014, 14:31
Sep 11, 2014, 14:31
 
The restructuring is old news. Watch the Jay Ekkel interview on SimPit to get the full story. The NEW STORY that should have been reported on Blues News is that single-player races and multiplayer racing was released yesterday. Also, bumps have been added to many tracks and the force feedback was revamped. I play most racing sims and I enjoy R3E (Raceroom Race Experience). No racing sim has better sound.
5.
 
Re: SimBin Declares Bankruptcy, Reforms as Sector 3
Sep 11, 2014, 14:00
5.
Re: SimBin Declares Bankruptcy, Reforms as Sector 3 Sep 11, 2014, 14:00
Sep 11, 2014, 14:00
 
Everyone I know hated Racing Experience.. and I am a huge sim fan ;/ Their biggest problem was that they never innovated. Damage model is a piece of crap, and physics are not realistic.
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4.
 
Re: SimBin Declares Bankruptcy, Reforms as Sector 3
Sep 11, 2014, 10:41
4.
Re: SimBin Declares Bankruptcy, Reforms as Sector 3 Sep 11, 2014, 10:41
Sep 11, 2014, 10:41
 
It was stupid of them to release that RaceRoom F2P crap. All they needed to do was keep making racing sims. GTR3, GT legends 2, etc.
3.
 
Re: SimBin Declares Bankruptcy, Reforms as Sector 3
Sep 11, 2014, 10:40
3.
Re: SimBin Declares Bankruptcy, Reforms as Sector 3 Sep 11, 2014, 10:40
Sep 11, 2014, 10:40
 
I can't say I was a huge fan of their games. Best of luck to them
Steam: SpectralMeat
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2.
 
Re: SimBin Declares Bankruptcy, Reforms as Sector 3
Sep 11, 2014, 10:32
2.
Re: SimBin Declares Bankruptcy, Reforms as Sector 3 Sep 11, 2014, 10:32
Sep 11, 2014, 10:32
 
Hah don't they wish they were based in the US now. Where bankrupsy an be a 'strategic opportunity'.. if your a business.

Not that I'll miss them, they helped build the towering pile of shit that is the western F2P market.
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1.
 
Re: SimBin Declares Bankruptcy, Reforms as Sector 3
Sep 11, 2014, 10:06
1.
Re: SimBin Declares Bankruptcy, Reforms as Sector 3 Sep 11, 2014, 10:06
Sep 11, 2014, 10:06
 
That's what making free to play shite gets you. Yet they're all trying and burning in the process.
Should they make Gt Legends 2 instead I would be first to buy it for full price, now - next step IOS games
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