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Why Corsair Acquired Fanatec: The Sim-Racing Strategy and What Changed

Corsair’s 2024 Fanatec acquisition expanded its sim-racing portfolio. Here’s what changed, what Corsair’s figures mean, and what the company has announced since.
From TheFinanceBase Team3 min to read
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Corsair acquired Fanatec’s sim-racing brand, product line and associated personnel from Endor AG in an asset purchase that closed on September 19, 2024, according to Corsair’s SEC filing. Corsair announced the completed deal publicly on September 23. The move expanded Corsair’s sim-racing portfolio from chassis products into Fanatec’s force-feedback wheelbases, steering wheels, pedals, shifters and accessories.

What Corsair acquired—and when

Corsair announced a definitive agreement on September 16, 2024, to acquire the Fanatec Sim Racing brand and associated personnel from Endor AG. The transaction was an asset purchase, and Corsair said it did not disclose the financial terms. Corsair’s SEC filing dates the closing to September 19; its public announcement that the deal had closed was issued September 23. Corsair’s agreement announcement, SEC filing and closing announcement.

Those dates refer to different events: September 19 is the closing date reported in the filing, while September 23 is the date of the press release. The approximately $110 million in Fanatec product sales reported for 2023 is not the acquisition price.

Why Fanatec fit Corsair’s portfolio

Before the acquisition, Corsair had begun building a sim-racing presence with chassis products. Fanatec added a broader set of racing controls: force-feedback wheelbases and steering wheels, pedals, shifters and other accessories for PlayStation, Xbox and PC-based simulators. That breadth gave Corsair a way to extend its existing chassis and connect sim racing with its wider gaming-PC, peripheral, streaming and monitor business.

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#1 Best Overall
Fanatec Officially Licensed Gran Turismo DD Pro PlayStation Sim Racing Steering Wheel, Base and Pedals – Polyphony Digital Wheel, 5 Nm FluxBarrier Direct Drive, 2-Pedal Set for PC, PS5, PS4
  • PlayStation compatible: Officially licensed for PS5 and PS4 consoles. Also works on Windows PC
  • 5 Nm Direct Drive servo motor: Custom-designed in Germany for sim racing providing linear, consistent performance with patented FluxBarrier technology to improve motor efficiency and smoothness
  • Passively cooled base: Housing is made from aluminum (passive heat sink, core structural component) with composite end caps
  • Steering wheel designed by Polyphony Digital: Tactile rubber grip with OLED display and diffused RevLED strip, compact 280 mm diameter, optimized for the PlayStation interface
  • Four 5-way directional sticks: Assigned to GT7's rapid-access adjustments for traction control, brake balance, torque split, and fuel mapping

Corsair presented the combination as a step toward an end-to-end premium sim-racing offering. That is the company’s strategic rationale, not independent evidence that the portfolio or integration would succeed. In its May 8, 2024 announcement, CEO Andy Paul said: “Fanatec is an incredible brand with a strong community, and we believe CORSAIR is the ideal home for Fanatec’s loyal customers, employees and business partners.” The quote reflects Paul’s view during the negotiation period, not a measure of later customer experience.

What Corsair’s figures do—and don’t—show

In its September 23, 2024 announcement, Corsair reported approximately $110 million in Fanatec product sales for 2023, attributing the figure to Endor AG and describing it as unaudited. Corsair also cited industry reports estimating a roughly $1 billion sim-racing components market and 20 percent expected annual growth. Those market figures are estimates cited by Corsair, not audited company results or guaranteed future growth. Corsair’s figures and attribution.

Rank #2
FANATEC Sim Racing CSL Steering Wheel GT3 – PC
  • Full-size GT3-style wheel: 300 mm diameter with overmolded rubber grips with 50 Shore A hardness for comfort and durability
  • Designed for Xbox: Connect this wheel to any Fanatec Direct Drive Base to enable compatibility with Xbox Series X|S and Xbox One. Also compatible with Windows PC. PS5 and PS4 compatibility is possible if attached to a PlayStation licensed Base
  • Magnetic shifter paddles: Custom designed rocker paddle made from anodized aluminum allow up and down-shifts with one hand (possible on both sides)
  • Analog paddles: Support four switchable modes - clutch bite-point, clutch/handbrake, brake/throttle, and mappable axis mode
  • Comprehensive inputs: In addition to the shifters and clutch paddles, the wheel features nine push buttons, two Multi-Position Switches with encoders, two 2-way toggle switches, and a 7-way FunkySwitch

Corsair did not disclose the purchase price. The sales figure is not a substitute for transaction terms, and it does not establish the value Corsair paid.

What has happened since the acquisition

Integration status

Corsair’s full-year 2024 results said Fanatec integration was going well. That is a dated management assessment; it does not establish that integration is complete or describe its operational status as of October 8, 2026. Corsair’s 2024 results.

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Rank #3
FANATEC Sim Racing CSL Steering Wheel P1 V2 (QR2 LITE) – PC
  • Ergonomic size: 300 mm diameter and rubberized grip ensures the wheel is comfortable for long sessions
  • Integrated RevStripe: Combined center stripe and an engine RPM indicator, using a multi-color LED
  • Three-digit LED display: Check Tuning Menu settings and allows telemetry data such as speed or gears to be displayed in compatible games
  • Metal shifter paddles: Snap-dome-activated “click” feeling for satisfying and reliable shifts
  • 12 buttons and D-pad: 4-way direction pad with push button and 12 face buttons

Formula 1 partnership

In 2026, Corsair announced a new multi-year global licensing partnership between Fanatec and Formula 1, including new officially licensed products. Corsair also said Fanatec continues as an official sponsor of the F1 Sim Racing World Championship. The announcement confirms the partnership, but it does not identify specific new products, their availability or their prices. Corsair’s 2026 announcement.

Will Corsair develop sim-racing products under its own name?

The acquisition supports a portfolio strategy in which Corsair’s chassis products sit alongside Fanatec’s racing controls. But the available announcements do not establish a definitive current brand architecture or say whether Corsair will continue developing sim-racing products under its own name. It is more precise to say that Corsair acquired Fanatec to broaden its sim-racing offering than to claim that all future products will use one brand.

Rank #4
FANATEC Sim Racing CSL Steering Wheel BMW – Rubberized Grip, LED Display, RevStripe, Metal Shifter Paddles – PC, PS5, PS4
  • Officially licensed by BMW: Unique BMW-designed graphic across front face and rim
  • 300 mm diameter: Realistic size, round shape and rubber grip makes it suitable for many driving styles
  • Integrated RevStripe: Combined center stripe and an engine RPM indicator, using a multi-color LED
  • Three-digit LED display: Check Tuning Menu settings and allows telemetry data such as speed or gears to be displayed in compatible games
  • Metal shifter paddles: Unique copper finish, snap-dome-activated “click” feeling
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What the deal means for people building a sim-racing setup

Fanatec’s wheelbases, steering wheels, pedals and shifters are distinct components, and the acquisition announcement does not mean every component works with every platform or with every other product. Anyone choosing a setup should check the current compatibility and included components for the specific models under consideration. A wheelbase’s platform support, included steering wheel or pedals, and upgrade path matter more than the brand ownership alone.

Quick Recap

Bestseller No. 3
FANATEC Sim Racing CSL Steering Wheel P1 V2 (QR2 LITE) – PC
FANATEC Sim Racing CSL Steering Wheel P1 V2 (QR2 LITE) – PC
12 buttons and D-pad: 4-way direction pad with push button and 12 face buttons
$169.99
Bestseller No. 4
FANATEC Sim Racing CSL Steering Wheel BMW – Rubberized Grip, LED Display, RevStripe, Metal Shifter Paddles – PC, PS5, PS4
FANATEC Sim Racing CSL Steering Wheel BMW – Rubberized Grip, LED Display, RevStripe, Metal Shifter Paddles – PC, PS5, PS4
Officially licensed by BMW: Unique BMW-designed graphic across front face and rim; Metal shifter paddles: Unique copper finish, snap-dome-activated “click” feeling
$189.99
Best Value
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Logitech G29 Racing Wheel and Pedals for PS5/PS4/PC
  • Immersive Gaming Experience: Perfect for PlayStation 5, PS4 and PC gaming titles, the Driving Force simulates the feeling of driving a real car with precision steering and pressure-sensitive pedals
  • Premium Control: The Driving Force feedback racing wheel provides a detailed simulation of driving a real car, with helical gearing delivering smooth, quiet steering and a hand-stitched leather cover
  • Customizable Pedals: These pressure-sensitive nonlinear brake pedals provide a responsive, accurate braking feel on a sturdy base - with adjustable pedal faces for finer control
  • 900-Degree Rotation: Lock-to-lock rotation of the Driving Force means you can turn the wheel around two and a half times, hand over hand on wide turns - just like a real F1 race car
  • Up Your Game: Take your racing simulation to the next level with Driving Force accessories like the Driving Force Shifter or desk and rig mounts

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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