Video game development is rarely about one man, but if it was, then Terence Groening should certainly get a mention for his contributions to the genre as the man responsible for the physics of Sportscar GT, EA’s PC F1 and NASCAR games of the early 2000’s, rFactor, rFactor 2 and every title and rFpro simulator that spawned from ISI’s engine.
This interview with RSC details his early life and career, through to him joining iRacing in 2021.
If you ever played Papyrus’ seminal Grand Prix Legends then you’ve read his name. Rich began working as a tester on NASCAR Racing (1994) and was with Papyrus at the end. In this interview, published in 2022, we discuss his time at the legendary studio and the design of Grand Prix Legends, including initial feelings of hurt at not being asked to join iRacing.
Share This Page
Support RSC
MotoGP Dev Milestone’s Parent Embracer Sidelines Debts With New EUR 900 Million Loan And Company Split
Tim Wheatley - Dev News | Apr 27, 2024
1 CommentEmbracer, the parent of Milestone and former parent of Saber Interactive had previously announced that they ceased restructuring, but a few days ago announced a plan to split the company into three standalone entities named Asmodee Group, Coffee Stain & Friends and Middle-earth Enterprises & Friends.
Reading through the documentation, things get interesting once you note that Asmodee now holds most of the debt of Embracer group and, similar to Toys R Us in the United States, seems poised to be saddled with debt it did not generate, and left to take the fall.
Whoever it was at JP Morgan, BNP Paribas, SEB, Societe Generale and Swedbank that just gave Asmondee a EUR 900 Million loan maturing in 1.5 years that the company couldn’t pay back in less than four even at their best profit projections, must be a big fan of table top gaming.
Who would have thought that such an aggressive period of acquisitions and spending would lead to debt and layoffs? Everyone. It’s only been seen again, and again, and again. Whether it was Papyrus, Geoff Crammond or Motorsport Games, it never ceases to amaze me how often the guy at the top can hold their position or walk away with a big payoff while lower level staff – the ones actually making the product – get to post on LinkedIn about how devastated they are.
Previous News
Next News
About RSC
A site by a sort of sim racer, for sim racers, about racing sims. News and information on both modern and historic sim racing software titles.
All products and licenses property of their respective owners. Some links on this Web site pay RSC a commission or credit. Advertising does not equal endorsement.
Podcast
Join Jon Denton, Tim Wheatley and Simon Croft as they discuss sim racing and racing games past, present and future.
1 reply
Loading new replies...
Join the full discussion at the Race Sim Central Community Forums →