Sim Racing Powerhouse Fanatec Slips Into Bankruptcy After Investor Stopped Payments

It seems like July may be bankruptcy season in Germany following filings for insolvency by BBS, Recaro, and now Fanatec. The global sim racing giant has been racking up some serious debts in recent years, to the tune of 95 million Euro. The company was pushed into a restructuring with strategic investment bridge…

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