Whatever happened to the Racing genre?

[Chazore]

ICStats said:

Lots of drama with driving game studios.

Psygnosis, makers of Wipeout, everybody moved to other projects after bought by Sony - defunct 2012.

Eden Games (V-rally), everyone good left the company after bought by Infogrames (Atari).

Reflections (Destruction Derby, Driver, Stuntman), now make Watchdogs & The Division.

Namco lost everything that was good about Ridge Racer after PS1 era.

Polyphony was revered for Gran Turismo in PS1 & PS2 days, and like the success of PlayStation went to Kutaragi's head, so did the success of GT go to Yamauchi's head. The studio takes forever to produce new titles and they're not that great.

Criterion, a studio with some of the best rated racers in PS3/X360 generation no longer exists as a real studio (after the studio heads went literally mad).

Codemasters (Colin McRae Rally, Dirt Rally) still going pretty well.

Forza is probably the most successful long term series. (Metropolis Street Racer, Project Gotham Racing, Forza, Forza Horizon).

This reminds me of the RTS genre going through it;s ownd ecline, with studios like EA having bought out Westwood, half went on towards being Petroglyph and the other EA LA (which later got canned after C&C 4). EA Even went on to make Victory studios and merge it with a different Bioware team (not the ME one) to form Bioware Victory, 2-3 years later and those guys got shut down when they couldn't get anywhere with Generals 2.

MS shut down Ensamble studios after Halo Wars. Haven't seen nor heard much of a new AoE happening.

Only big players I see in the genre are those behind Civ, Blizz with SC and Sega with Total War.