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http://www.bizarrecreations.com/article.php?article_id=5277#pressrelease

And so it is official Bizarre Creations is now property of Activision. It would be fun to see them putting their PGR skills onto multiplatform titles. Bizarre did release Metropolis Street Racer (PGR is considered a spiritual successor to MSR) on the dreamcast. Or they could just create another franchise for Activision.

Activision have never had a strong Racing franchise. Good move by Activision, wonder why Microsoft did not preempt and purchase Bizarre themselves. 

A PGR game not developed by Bizarre would be interesting though. 

"Hello from Bizarre Creations! You may remember us as one of the largest independent developers left in the UK, well-known for both the Project Gotham Racing and Geometry Wars series. We've just finished up on PGR4, and we're putting the final touches onto The Club as we speak. We've got a couple of announcements to make, so pull up a chair and listen closely... It's not easy being independent. Signing new games is tough, and bringing new IPs to market as an indie (like we're doing with The Club) is one of the most challenging things our company has ever faced. As I'm sure you can imagine, the most dangerous time for any independent is the period in between projects (or more precisely in between publishers). Our management team have been preparing for the future for some time now. We've finally found a solution which allows us to not only stay as secure and profitable as we already are as a company, but also to continue to create kickass games in exactly the same way as we're doing now. The perfect solution for us is to join the ranks of Activision, alongside their other talented studios. It's a pretty incredible chance for Bizarre to improve ourselves and make the most of all the fantastic new opportunities this opens up. Also, given the excellent support Activision offer this can mean only one thing: better games." 

Heeeeyyyy!!!! <Snap>