https://wccftech.com/project-cars-slightly-mad-studios-bought-codemasters/

Codemasters has expanded their ever-growing stable of racing game developers yet again, acquiring Project Cars developer Slightly Mad Studios. Codemasters is paying $30 million upfront for Slightly Mad, but the studio’s previous owners could make even more (up to around $65 million) if certain conditions are met. Slightly Mad is expected to retain its full 150-person staff and will be staying put in their current London, England offices.

Codemasters CEO Frank Sagnier had this to say about the new acquisition…