Rennsport game investors “not Porsche, not Saudi Arabia”

Upcoming sim racing title Rennsport has had a complicated and tortuous gestation period, with lavish launch events but little in the way of outward progress and debatable physics.

Later this year, in September, it will finally release in ‘version 1.0’ form alongside PlayStation and Xbox versions that promise cross-platform play and progress.

A perpetual source of industry malaise has been alleged Porsche investment, which, if true, has not yet been addressed directly.

The signs were there: One of the first cars showcased for the nascent platform was a Porsche 911 and Co-CEO Marco Ujhasi came across to the project after 18 years at the German car manufacturer.

Perhaps more obvious is the name – the RS moniker on Porsche’s quickest vehicles stands for Rennsport, the German word for racing.

This topic reared its head once more earlier this year, with a content creator event held for the sim title at a Porsche-owned subsidiary. Alarm bells were ringing.

However, says Rennsport – which is owned by the Competition Company GmbH –  these allegations carry no weight.

“Rennsport is fully privately owned, privately backed,” said Robert Rossi, Rennsport’s Marketing Director, to Traxion when asked directly about possible Porsche and Saudi Arabia connections.

The Saudi link is often bandied about, due to the Rennsport platform being formally used by Saudi Arabia Public Investment Fund-owned ESL FACEIT Group for esports competition, and its continued use for the Esports World Cup held in the Middle East nation.

“Not Porsche, not Saudi,” he continued emphatically.

“What I can tell you is that Competition Company is owned by the founders themselves, together with a small group of private investors,” concluded Rossi.

Listed founders include the aforementioned Ujhasi alongside fellow Co-CEO and Co-Founder Morris Hebecker.

Traxion expects further information about the expected release content and features in the coming months.