ya, a sad situation for racing game fans.
the last "thought to be good" racing game was CMR DiRT, it did turned out to be DIRT

, waste when compared to prev. CMR's.
the big gun of racing game - F1 is stuck in Sony's hands

since 2003, they have the license til 2008 end (or more), same with WRC(frm the beginning) go to hell FIA
for now, rFactor, GTR2, GT Legends ARE the racing games (sims); arcade- NFS MW, Flatout...
as one of the NFS 2008 producers said, NFS 2008 goes its root (MW & U2 way) [dunno why he calls it "back to its root"

], i hope they make a true NFS MW's succesor.
EA suks terribly, the last good nfs was NFS Porsche Unleashed, but dunno why EA didnt make a similar game after that.
the Codies' "Race Driver: Grid" holds some promise, lets see what they have to offer.
all the game devs. are pumping up the graphics but not much on gameplay