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Stefan.De.Machtige said:
Nintendo does have a habit in funding internal projects of other studios for any genre they might lack. It makes a lot of sense since it garantees exclusivity.

So why not fund Ridge racer 8 when they are already hiring Namco for another project?

I've honestly always liked that approach, it often results in games that really wouldn't have happened otherwise but the developers were passionately hoping to make.

It's certainly better than just chucking some money at a finished product to keep it for themselves; would be fun to see them do it more often.